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Electron Progress EAD (Bulgaria)

Main Activities: All Other Information Services
Full name: Electron Progress 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

Electron Progress is the successor of the Institute of electronics, which was set up in 1976. The early history of the company dates back to the 60’s of the last century when the military department of the electronic appliances plant was detached as an autonomous entity.
Nowadays, the company is engaged in research, design and manufacturing of computer, telecommunication and information systems for the Army as well as civil customers. Electron Progress is certified with number international standards, including NATO’s AQAP 2110. The local telecommunications integrator has established partnership with leading manufacturers of high-tech systems and equipment, such as Motorola, SiRcom, Harris Corporation, Aviat, Lockheed Martin Corporation, Alcatel, Microsoft, Hewlett Packard, Cisco Systems, Eltek Energy AS, Newave SA, Armaris, and BAE Systems.

Headquarters
Ul. Kukush 7 Et. Biznes Tsentar Elektron Ap. Parter
Sofia; Sofia - city; Postal Code: 1345

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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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Incorporation Date:
November 20, 1991
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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100%
Subsidiaries
Electron Progress Services
100%
Strategic Defense Systems
100%
SOS Services
71%
Company Performance
Financial values in the chart are available after Electron Progress 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
-15.79%
Total operating revenue
-14.47%
Operating profit (EBIT)
-5.69%
EBITDA
-4.92%
Net Profit (Loss) for the Period
-8.38%
Total assets
-47.57%
Total equity
-19.3%
Operating Profit Margin (ROS)
2.53%
Net Profit Margin
1.51%
Return on Equity (ROE)
4.79%
Debt to Equity Ratio
-5.22%
Quick Ratio
0.28%
Cash Ratio
-0.18%

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