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Bulgaria

Company Overview of Aurubis Bulgaria AD (Аурубис България АД)

An EMIS Company Report EMIS is an ISI Emerging Markets Group Company company USD 29.95 Industry: Basic Chemical Manufacturing Available in: English & Bulgarian Format: PDF Download Most recent financial data: 2016 Buy full report

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This report extracts all available information about Aurubis Bulgaria AD from EMIS' database of company information. The Table of Contents on the right indicates the categories of information that will be included in your report upon purchase.

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Contact Information

Headquarters
ul. Tsar Osvoboditel
Pirdop; Sofia; Map
Postal Code: 2070

Tel: +359-728-62-
Fax: +359-728-62-

Email:
@aurubis.com

Website:
http://bulgaria.aurubis.com/

Company Description
Copper smelter Aurubis Bulgaria is based some 80 kilometers north of the capital Sofia, close to the country's biggest copper mines. The company`s primary activity is copper concentrate processing for the production of copper anodes and cathodes, as well as by-products such as sulfuric acid, fayalite and middling slime. The production is organized in 4 units - Smelter, Refinery, Acid Plant and Flotation Plant.
The company was initially established in 1991 as a state-owned enterprise under the MDK name. In September 1997, Bulgaria's privatization agency sold 56% of the Pirdop copper smelter for USD 80 million to Belgium's metals group Union Miniere SA. The new owner pledged to invest USD 220 million over five years. In January 1998, Union Miniere raised its stake in the Pirdop smelter to 97.5% after buying out most of the shares on the local stock market. The plant, renamed Cumerio Med in mid-2005, raised its copper anode output by 6.0% to 240,000 tonnes in 2005 due to stable production levels.
Additionally, the company operates two plants that produce sulfuric acid as a byproduct of copper smelting in the central town of Pirdop.
In April 2008 the German copper-bearing concern Norddeutschen Affinerie AG acquired the Belgium holding Cumerio and changed name to Aurubis AG. As a result of the merger the name of the local arm of the company also was changed.
NAICS Industry Classification
Main Activities: Basic Chemical Manufacturing | Nonferrous Metal (except Aluminum) Production and Processing
Basic Information
Total Employees:
853 (2017)
Outstanding Shares:
: ()
Registered Capital:
()
Financial Auditors:
()
Incorporation Date:
November 15, 1991
Profile Updated:
February 13, 2018
Key Executives
Executive Director and Member of the Board of Directors
Member of the Board of Directors
Member of the Board of Directors
Ownership Details
Cumerio Austria GmbH (Austria)
99.86%
Key Financial Highlights
2016 Y
Net sales revenue
Total operating revenue
Operating profit (EBIT)
EBITDA
Net Profit (Loss) for the Period
Total assets 1,361,529
Total equity
Operating Profit (EBIT) Margin
Return on Sales (ROS)
Return on Equity (ROE)
Debt to Equity
Quick Ratio
Cash Ratio
Note: units in Thousands. Statement: Audited, Individual
Source: Daxy Bulgaria Ltd, EMIS Company Database.
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