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Hyundai Heavy Industries Co. Bulgaria AD (Bulgaria)

Main Activities: Power, Distribution, and Specialty Transformer Manufacturing
Full name: Hyundai Heavy Industries Co. Bulgaria AD Profile Updated: July 16, 2020
Buy our report for this company USD 29.95 Most recent financial data: 2019 Available in: English & Bulgarian Download a sample report

Hyundai Heavy Industries Co Bulgaria is an electrical components manufacturer that is part of South Korea's Hyundai Heavy Industries Co., one of the world's largest shipbuilders. It is a successor of Bulgaria's power transformer maker Elprom-Trapho, which was established in 1949.
In July 1997, Hyundai Corp acquired 70% of Elprom-Trapho for USD 2.9 million. Hyundai pledged to invest USD 4.0 million over the next five years in modernising the Sofia-based company. Of the remaining shares, 20% were offered to company employees and 10% were sold under Bulgaria's mass privatisation programme. In December 1997, Elprom Trafo changed its name to Hyundai Elprom Trafo AD.

Headquarters
41 Rozhen Blvd.
Sofia; Sofia - city; Postal Code: 1271

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Website: http://www.hhi-co.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:
October 16, 1991
Key Executives
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Executive Director and Member of the Board of Directors
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Member of the Board of Directors
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Member of the Board of Directors
Ownership Details
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99.09%
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0.26%
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0.05%
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0.04%
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
-33.02%
Total operating revenue
-32.89%
Operating profit (EBIT)
-195.78%
EBITDA
N/A
Net Profit (Loss) for the Period
-152.4%
Total assets
-15.57%
Total equity
-13.31%
Operating Profit Margin (ROS)
-11.04%
Net Profit Margin
-11.02%
Return on Equity (ROE)
-10.09%
Quick Ratio
-0.1%
Cash Ratio
0.44%

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