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Electrodistribution Grid West EAD (Bulgaria)

Main Activities: Electric Bulk Power Transmission and Control
Full name: Electrodistribution Grid West EAD 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

Electrodistribution Grid West EAD, formerly CEZ Distribution Bulgaria, was established in 2000 after retail sales of electricity were spun off the country's power export monopoly National Electric Company (NEC). Its core business consists of the operation, maintenance and development of the power distribution network and distribution of electric power in the capital Sofia, Sofia region, Blagoevgrad, Kyustendil, Pernik, Pleven, Lovech, Montana, Vratsa, Vidin.
In November 2004, Czech Republic's state-run utility CEZ signed a deal to buy 67% in the electricity distributors serving the Sofia capital, the region of Sofia and Pleven. In November 2007, CEZ merged its three regional grids into a single entity. Under the move, Elektrorazpredelenie Stolichno covered all duties and responsibilities of the other two – Elektrorazpredelenie Sofia Oblast and Pleven, and was renamed CEZ Distribution Bulgaria as of Jan 1, 2008. In October 2012 the Bulgarian privatization agency offered for sale its 33% skates in electricity distribution companies CEZ Electro Bulgaria and CEZ Distribution Bulgaria.

Headquarters
159 Tsarigradsko shose Blvd., BenchMark Business Center
Sofia; Sofia - city; Postal Code: 1784

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Website: https://ermzapad.bg/bg/

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:
April 27, 2000
Key Executives
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Executive Director and Member of the Management Board
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Executive Director and Member of the Management Board
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Executive Director and Member of the Management Board
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Executive Director and Member of the Management Board
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Member of the Supervisory Board
Ownership Details
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100%
Subsidiaries
Electrohold Ict EAD
100%
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
9.58%
Total operating revenue
9.58%
Operating profit (EBIT)
32.66%
EBITDA
14.51%
Net Profit (Loss) for the Period
30.24%
Total assets
6.37%
Total equity
8.56%
Operating Profit Margin (ROS)
2.87%
Net Profit Margin
2.23%
Return on Equity (ROE)
0.69%
Debt to Equity Ratio
-6.06%
Quick Ratio
0.95%
Cash Ratio
0.08%

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