Odessos Shiprepair Yard AD (Кораборемонтен Завод Одесос АД)

An EMIS Company Report EMIS is a Euromoney Institutional Investor plc company USD 29.95 Industry: Repair and Maintenance Available in: English & Bulgarian Format: PDF Download Most recent financial data: 2016 Buy full report

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Contact Information

Asparuhovo district, Ostrovna zone
Varna; Varna; Map
Postal Code: 9000

Tel: +359-52-601-
Fax: +359-52-608-



Company Description
Odessos Shiprepair Yard AD, which spans over some 320,000 square meters near the port of Varna, is the largest Bulgarian ship repairs yard. It offers repair and docking of vessels up to 70,000 DWT and afloat repairs of vessels up to 150,000 DWT. The yard's facilities include one graving and two floating docks and an overall length of piers - 1,200 meters. The services of the yard are separated into the following divisions - mechanical shop, steel shop, painting shop, pipe shop and electrical shop.
A total of 67% of the yard's capital was sold against privatisation vouchers in 1997 under Bulgaria's mass sell-off programme. In January 1999, Bulgaria's privatisation agency sold 25% of the dockyard to a management-employee buyout company called KRZ – Invest for USD 3.26 million.
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