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EVN Bulgaria Elektrosnabdiavane EAD (Bulgaria)

Main Activities: Electric Power Distribution
Full name: EVN Bulgaria Elektrosnabdiavane EAD Profile Updated: September 30, 2021
Buy our report for this company USD 29.95 Most recent financial data: 2019 Available in: English Download a sample report

EVN Bulgaria Elektrosnabdiavane, former Elektrorazpredelenie Stara Zagora (Electricity Distribution Company-Stara Zagora) 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 supply of electric power in the regions of Plovdiv, Pazardzhik, Stara Zagora, Burgas, Sliven, Yambol, Haskovo, Kardzhali and Smolyan.
In October 2004, Austrian regional energy utility EVN signed a deal to buy 67% stakes in the power distribution utilities at Plovdiv and Stara Zagora. EVN placed a winning EUR 271 million bid for the majority stakes in the two companies grouped in the so-called Southern Bulgaria privatisation pool at a tender held in July 2004. In the second half of 2006, EVN Bulgaria separated the electricity and supply networks it owned in two different entities. As a result, Elektrorazpredelenie Stara Zagora was renamed into EVN Bulgaria Elektrosnabdiavane (EVN Bulgaria Electricity Supply AD or "EVN ES" AD), and put in charge of electricity supply and sales. Elektrorazpredelenie Plovdiv started dealing with electricity distribution under the name of EVN Bulgaria Elektrorazpredelenie AD (EVN Bulgaria Electricity Distribution AD or "EVN ER" AD). In December 2011 Bulgaria's Privatization Agency sold its 33% stake in the company on the local stock exchange. In 2012 EVN AG became the sole owner of EVN Bulgaria Elektrosnabdiavane. The utility, whose supply area measures some 42,000 square kilometers, services more than 1.5 million consumers in southeastern Bulgaria.

Headquarters
37 Hristo G. Danov Str.
Plovdiv; Plovdiv; Postal Code: 4000

Contact Details: Purchase the EVN Bulgaria Elektrosnabdiavane EAD report to view the information.

Website: http://www.evn.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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Ratings:
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Incorporation Date:
October 19, 2006
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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Executive Director and Member of the Board of Directors
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Procurator
Ownership Details
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100%
Subsidiaries
Company Performance
Financial values in the chart are available after EVN Bulgaria Elektrosnabdiavane 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
-3.87%
Total operating revenue
-3.72%
Operating profit (EBIT)
-1.15%
EBITDA
-2.67%
Net Profit (Loss) for the Period
0.95%
Total assets
-23.3%
Total equity
-35.33%
Operating Profit Margin (ROS)
0.06%
Net Profit Margin
0.09%
Return on Equity (ROE)
3.97%
Quick Ratio
-0.28%
Cash Ratio
-0.21%

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