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Kronospan Bulgaria EOOD (Bulgaria)

Main Activities: Veneer, Plywood, and Engineered Wood Product Manufacturing | Engineered Wood Member (except Truss) Manufacturing | Reconstituted Wood Product Manufacturing
Full name: Kronospan Bulgaria EOOD Profile Updated: September 08, 2023
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Kronospan Bulgaria, a subsidiary of international wood-based panels producer Kronospan, is one of the leading local manufacturers of timber boards. Based in the Black Sea port of Burgas, the firm produces a wide range of particle boards, fiberboard, MDF and Veneered MDF boards.
In May 1997, Bulgaria's Privatisation Agency sold 51% of local wood-processing company Bules to Austrian furniture producer Kaindl Kronopsan GR for USD 3.2 million. A 25% stake of the remaining capital of Bules was offered for voucher privatisation under Bulgaria's mass sell-off programme and another 15% was offered at preferential prices to its employees.
In May 2011 the company Kronospan BG, owner of Kronospan Bulgaria, merged into Kronospan Bulgaria and Kronospan BG was closed without liquidation.

Headquarters
Northwest Industrial Zone
Burgas; Burgas; Postal Code: 8000

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Website: https://bg.kronospan-express.com/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:
September 11, 1996
Key Executives
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Manager
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Manager
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Manager
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Procurator
Ownership Details
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100%
Company Performance
Financial values in the chart are available after Kronospan Bulgaria EOOD 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
17.29%
Total operating revenue
24.95%
Operating profit (EBIT)
103.15%
EBITDA
46.6%
Net Profit (Loss) for the Period
-256.95%
Total assets
5.41%
Total equity
-2.22%
Operating Profit Margin (ROS)
0.94%
Net Profit Margin
-0.91%
Return on Equity (ROE)
-1.65%
Debt to Equity Ratio
-65.09%
Quick Ratio
0.09%
Cash Ratio
0.04%

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