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Dobrudjanski Hliab AD (Bulgaria)

Main Activities: Bread and Bakery Product Manufacturing
Full name: Dobrudjanski Hliab AD Profile Updated: August 30, 2022
Buy our report for this company USD 29.95 Most recent financial data: 2020 Available in: English Download a sample report

Bulgaria's largest bread and bakery products manufacturer Dobrudzhanski Hlyab, which was established in 1934, specialises in the production of variety of breads, pastries and cakes. The company, which was nationalised in 1947, produces over 50 types of bread.
In March 1995, the state-owned bakery in the north-eastern town of Dobrich was sold to a management-employee buyout company. The majority stake was later acquired by the plant's manager Encho Malev. Shortly after the sell-off, the company launched a flour mill with a daily production capacity of 150 tonnes of flour. In 2000, Dobrudzhanski Hlyab was the first local bread producer to launch sliced bread equipment. In May 2004, the company opened a EUR 1.0 million bread production unit in the Black Sea port of Varna, which has a capacity of 4,500 breads per hour.

Headquarters
Ul. 23-ti Septemvri 4
Dobrich; Dobrich; Postal Code: 9300

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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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Ratings:
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Incorporation Date:
January 29, 1999
Key Executives
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Executive Director and Member of the Board of Directors
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Executive Director and Member of the Board of Directors
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Member of the Board of Directors
Ownership Details
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95.37%
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
-10%
Total operating revenue
-10.06%
Operating profit (EBIT)
-34.53%
EBITDA
-22.84%
Net Profit (Loss) for the Period
-69.44%
Total assets
-2.04%
Total equity
0.68%
Operating Profit Margin (ROS)
-1.32%
Net Profit Margin
-1.29%
Return on Equity (ROE)
-2.19%
Debt to Equity Ratio
-2.11%
Quick Ratio
-0.42%
Cash Ratio
-0.07%

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