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Brikel EAD (Bulgaria)

Main Activities: Steam and Air-Conditioning Supply | Fossil Fuel Electric Power Generation | All Other Petroleum and Coal Products Manufacturing
Full name: Brikel EAD Profile Updated: July 16, 2019
Buy our report for this company USD 29.95 Most recent financial data: 2018 Available in: English & Bulgarian Download a sample report

Bulgaria's thermal power plant and briquette producer Brikel is located in the Maritsa East coal mining complex in southern Bulgaria. It was incorporated in 2000 after thermal power plant Maritsa East I and local "Briketna Fabrika EAD" merged to form the Brikel joint stock company.
In July 2004, Bulgaria's Privatization Agency sold 100% of the briquette producer to local trade and construction company Kalista-2004 for EUR 14.9 million. The buyer, controlled by local businessman Hristo Kovachki, has pledged to keep its stake above 75% for at least five years after the sale. In 2010 Seychelles-based Moler Corp acquired a 100% stake in the company.
The main activity of Brikel is generation of electricity and heat and manufacture of briquettes. The annual production capacity of the company is 1.05 million tonnes of briquette and 1,350 million kWh.

Headquarters
Galabovo
Galabovo; Stara Zagora; Postal Code: 6280

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Website: http://www.brikel-bg.com/

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:
January 08, 1992
Key Executives
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Executive Director and Member of the Board of Directors
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Member of the Board of Directors
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Member of the Board of Directors
Ownership Details
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100%
Subsidiaries
Trayal Bulgaria EOOD
100%
Company Performance
Financial values in the chart are available after Brikel EAD report is purchased.
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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
-10.76%
Total operating revenue
1.32%
Operating profit (EBIT)
-912.29%
EBITDA
-39.35%
Net Profit (Loss) for the Period
-45.73%
Total assets
5.59%
Total equity
-51.18%
Operating Profit Margin (ROS)
-8.25%
Net Profit Margin
-4.85%
Return on Equity (ROE)
-80.01%
Debt to Equity Ratio
80.55%
Quick Ratio
-0.08%
Cash Ratio
-0%

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