EVN Bulgaria EAD (ЕВН България ЕАД)

An EMIS Company Report EMIS is a Euromoney Institutional Investor plc company USD 29.95 Industry: Management of Companies and Enterprises Available in: English & Bulgarian Format: PDF Download Most recent financial data: 2016 Buy full report

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Contact Information

14 Tsar Osvoboditel blvd., fl. 3
Sofia; Sofia - city; Map
Postal Code: 1000

Tel: +359-32-990-, +359-700-17-
Fax: +359-32-990-



Company Description
EVN Bulgaria, wholly-owned by Austrian regional energy utility EVN AG, started operations in 2005 following the acquisition of Elektrorazpredelenie - Plovdiv (Electricity Distribution Company-Plovdiv) and Elektrorazpredelenie Stara Zagora (Electricity Distribution Company-Stara Zagora).
EVN AG placed a winning EUR 271 million bid for 67% in each of the companies, grouped in the so-called Southern Bulgaria privatisation pool at a tender held in July 2004.
Before the deal, Elektrorazpredelenie - Plovdiv owned and operated power generation facilities as well as distributed and sold electric power in the regions of Plovdiv, Haskovo, Pazardzhik, Kardzhali and Smolyan. Elektrorazpredelenie Stara Zagora covered the regions of Stara Zagora, Burgas, Sliven and Yambol.
In the second half of 2006, EVN Bulgaria separated the electricity and supply networks it bought in two entities. Elektrorazpredelenie - Plovdiv was put in charge of power distribution under the name of EVN Bulgaria Elektrorazpredelenie AD (EVN Bulgaria Electricity Distribution AD), and Elektrorazpredelenie Stara Zagora started dealing with electricity supply and sales under the name of EVN Bulgaria Elektrosnabdiavane (EVN Bulgaria Electricity Supply AD).
In 2006, the company opened 39 customer energy centers (CECs) in 37 Bulgarian cities in south-east Bulgaria, to deal with customer service and maintenance of the local electricity distribution network.
In 2012 EVN AG became the sole owner in EVN Bulgaria Elektrorazpredelenie and EVN Bulgaria Elektrosnabdiavane.
NAICS Industry Classification
Main Activities: Management of Companies and Enterprises | Electric Power Transmission, Control, and Distribution
Basic Information
Total Employees:
9 (2017)
Outstanding Shares:
: ()
Registered Capital:
Financial Auditors:
Incorporation Date:
November 09, 2004
Profile Updated:
July 05, 2017
Key Executives
Executive Director and Member of the Management Board
Executive Director and Member of the Management Board
Executive Director and Member of the Management Board
Member of the Supervisory Board
Member of the Supervisory Board
Ownership Details
EVN AG (Austria)
Key Financial Highlights
2016 Y
Net sales revenue
Total operating revenue
Operating profit (EBIT)
Net Profit (Loss) for the Period
Total assets 132,362
Total equity
Operating Profit (EBIT) Margin
Return on Sales (ROS)
Return on Equity (ROE)
Debt to Equity
Quick Ratio
Cash Ratio
Note: units in Thousands. Statement: Audited, Individual
Source: Daxy Bulgaria Ltd, EMIS Company Database.
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