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Nova Broadcasting Group EOOD (Sofia) (Bulgaria)

Main Activities: Television Broadcasting
Full name: Nova Broadcasting Group EOOD 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

Nova Television was established in 1994 by Serbian-born businessman Darko Tamindjic and gradually started broadcasting a 24-hour programme in the region of Sofia. In February 2000, Nova TV received a licence for nationwide cable distribution and satellite broadcasting.
In August 2000, Greece's Antenna TV bought three of the Tamindjic-controlled media companies - 100% of Nova Television - First Private Channel, 100% of Multimex I.D and 94% of Radio Express's shares for a total price of USD 3.7 million.
In October 2000, Nova Television was awarded a licence for the country's second private nationwide TV channel.
Bulgaria's first licence for a private national television channel was won in April 2000 by Balkan News Corporation, fully-owned by media tycoon Rupert Murdoch's News Corp. In July 2001, Bulgaria's supreme administrative court revoked the nationwide licence of Nova TV after one of the other bidders contested the transparency of the selection procedure. Nova Television received a nationwide licence after it won the country's third competition for private nationwide TV channel held in July 2003.
In mid-2010, Nova+ and Diema Vision merged into Nova TV and in December the company was renamed into Nova Broadcasting Group.

Headquarters
41 Hristofor Kolumb Blvd, fl.6
Sofia; Sofia - city; Postal Code: 1592

Contact Details: Purchase the Nova Broadcasting Group EOOD (Sofia) report to view the information.

Website: https://nova.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:
February 12, 2001
Key Executives
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Manager
Ownership Details
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100%
Subsidiaries
Net Info EAD
100%
Radio Expres AD
96.54%
Agencia Eva OOD
80%
Company Performance
Financial values in the chart are available after Nova Broadcasting Group EOOD (Sofia) 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
16.66%
Total operating revenue
17.51%
Operating profit (EBIT)
28.15%
EBITDA
27.35%
Net Profit (Loss) for the Period
25.27%
Total assets
14.62%
Total equity
13.19%
Operating Profit Margin (ROS)
3.53%
Net Profit Margin
2.43%
Return on Equity (ROE)
7.42%
Quick Ratio
-0.23%
Cash Ratio
0.01%

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