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Noviz AD (Bulgaria)

Main Activities: Other Miscellaneous Nondurable Goods Merchant Wholesalers
Full name: Noviz AD 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

Noviz AD, which was legally formed in 1994 is the successor of Noviz OOD, a company set up in 1991 and exporting Bulgarian food products to Russia, Ukraine and their neighbor countries. Currently, Noviz is a holding company engaged in a variety of business fields – trading with polymers; distribution of home as well as hotel appliances and equipment; managing hotels and restaurants; construction activities; arranging business meeting and conferences; performing certification services, financial and operative leasing.
Noviz imports polymers (HDPE, LDPE, PVC, PP, PS) mainly from Russia, Ukraine, Chezh Republic, Serbia and Egypt. The company’s production facility for polymer products is based in the village of Trud, located 7 km. from Plovdiv. Noviz’s brand-portfolio of home as well as hotel appliances and equipment features Severin, Dimplex, UWE, Alisum, Soleo Aroma Trend, Health, Sybaritic, Johnson and Bentley.
In 1997 Noviz opened the first 4-star hotel in Plovdiv – Noviz Hotel. The same year the company became co-founder and majority shareholder in the Varna-based Kominvest, which owns the 4-star Palm Beach Hotel and the 3-star Palm Park Hotel, both located in Golden Sands Resort.
In 2005 Noviz invested some EUR 3.5 million in construction of Delovi Centar Plovdiv, a business building in the very downtown of the city of Plovdiv. The project was executed by the construction company Sienit.
Noviz is a majority shareholder in Intercontact, which is engaged in arranging business meeting and conferences. The other two shareholders in the affiliate company are the Chamber of Commerce and Industry – Plovdiv and the Business Association – Plovdiv.
In the beginning of 2006 Noviz and Moody International Bulgaria signed a contract for coopeation. Noviz joined the business group of Moody and since the middle of 2006 the company offers certification services for the international standards ISO 9001:2000, NASSR, ISO 22000:2005, and others.

Headquarters
ul. Han Kubrat 1
Plovdiv; Plovdiv; Postal Code: 4000

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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 09, 1994
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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50.96%
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29.64%
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9.65%
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0.06%
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0.02%
Subsidiaries
Interkontakt
94%
Delovi Centar Plovdiv
52%
Company Performance
Financial values in the chart are available after Noviz AD 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
245.41%
Total operating revenue
244.82%
Operating profit (EBIT)
1190.24%
EBITDA
310.54%
Net Profit (Loss) for the Period
N/A
Total assets
34.37%
Total equity
20.44%
Operating Profit Margin (ROS)
1.85%
Net Profit Margin
N/A
Return on Equity (ROE)
N/A
Debt to Equity Ratio
14.98%
Quick Ratio
0.27%
Cash Ratio
-0%

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