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Balgarska Zahar AD (Bulgaria)

Main Activities: Sugar Manufacturing
Full name: Balgarska Zahar AD Profile Updated: October 04, 2022
Buy our report for this company USD 29.95 Most recent financial data: 2021 Available in: English Download a sample report

Balgarska Zahar, which is based in the northern town of Dolna Mitropolia, used to be one of the largest sugar plants in Bulgaria.
The company halted sugar production in 2001 and stopped production of sweets and biscuits a year later due to lack of financial resources.
Since 2002, the company derives its revenue from one-off services.
A 50.5% stake in the enterprise was transferred into private hands after the second wave of Bulgaria's voucher privatisation programme.
After the sale, a 26.3% stake of the plant is controlled by Zahar Invest company, which is owned by local businessman Grisha Ganchev.

Headquarters
1 Zavodska Str.
Dolna Mitropoliya; Pleven; Postal Code: 5855

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Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
December 10, 1997
Key Executives
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Executive Director and Member of the Management Board
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Member of the Management Board
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Member of the Supervisory Board
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Legal Representative
Ownership Details
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26.29%
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22.77%
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15.32%
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6.81%
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5.12%
Subsidiaries
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency BGN. Absolute financial data is included in the purchased report.
Net sales revenue
100%
Total operating revenue
100%
Operating profit (EBIT)
-1300%
Net Profit (Loss) for the Period
-1300%
Total assets
0.11%
Total equity
-26.21%
Operating Profit Margin (ROS)
-600%
Net Profit Margin
-600%
Return on Equity (ROE)
0.81%
Quick Ratio
-0.03%
Cash Ratio
-0.01%

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