REQUEST A DEMO
Total
USD $0.00
Search more companies

Belovo Paper Mill AD (Bulgaria)

Main Activities: Sanitary Paper Product Manufacturing
Full name: Belovo Paper Mill AD Profile Updated: September 08, 2023
Buy our report for this company USD 29.95 Most recent financial data: 2021 Available in: English Download a sample report

Belovo mill, which was established in 1900, is the leading tissue paper producer in Bulgaria. The production of the plant, which is based in central Bulgaria and exports half of its production, includes toilet paper, napkins, handkerchiefs and writing, printing and packaging paper. The mill operates six paper machines, which have an annual capacity of 70,000 tonnes of tissue paper, greaseproof, opaline, wrapping and specialties.
In November 1997, Bulgaria's Privatisation Agency sold a 58% stake in the Belovo paper mill to Greece's Thrace Paper Mill SA for USD 6.4 million. The buyer, which is part of the Greek Zeritis Group, pledged to invest USD 10.7 million in the plant over the next five years. A total of 25% of the remaining shares were earmarked for sale through the mass voucher privatisation programme and 17% were distributed to the firm's employees at preferential prices and were used to meet property restitution claims. In May 2003, Thrace Paper Mill sold its stake in the company to two Luxembourg-registered companies, both of which are purportedly controlled by the Greek company. In September 2006, Pabolux sold a 28.42% stake in the listed firm to German care products manufacturer SCA Hygiene Products Holding.

Headquarters
1A Dabravsko Shose Str.
Belovo; Pazardzhik; Postal Code: 4470

Contact Details: Purchase the Belovo Paper Mill AD report to view the information.

Website: http://www.belana.bg/

Basic Information
Total Employees:
Purchase the Belovo Paper Mill AD report to view the information.
Outstanding Shares:
Purchase the Belovo Paper Mill AD report to view the information.
Registered Capital:
Purchase the Belovo Paper Mill AD report to view the information.
Financial Auditors:
Purchase the Belovo Paper Mill AD report to view the information.
Incorporation Date:
April 15, 1991
Key Executives
Purchase this report to view the information.
Executive Director and Member of the Board of Directors
Purchase this report to view the information.
Executive Director and Member of the Board of Directors
Purchase this report to view the information.
Member of the Board of Directors
Purchase this report to view the information.
Procurator
Purchase this report to view the information.
Assignee
Ownership Details
Purchase this report to view the information.
60%
Purchase this report to view the information.
37.78%
Company Performance
Financial values in the chart are available after Belovo Paper Mill AD report is purchased.
Looking for more than just a company report?

EMIS company profiles are part of a larger information service which combines company, industry and country data and analysis for over 145 emerging markets.

Request a demo of the EMIS service
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
-6.63%
Total operating revenue
-4.31%
Operating profit (EBIT)
-76.81%
EBITDA
-565.61%
Net Profit (Loss) for the Period
-57.34%
Total assets
-10.71%
Total equity
-53.77%
Operating Profit Margin (ROS)
-8.4%
Net Profit Margin
-9.37%
Return on Equity (ROE)
-82.13%
Debt to Equity Ratio
147.34%
Quick Ratio
-0.06%
Cash Ratio
-0.01%

To view more information, Request a demonstration of the EMIS service

Buy this company report
Need ongoing access to company, industry or country information?