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Overgas Mrezhi AD (Bulgaria)

Main Activities: Natural Gas Distribution
Full name: Overgas Mrezhi 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

Natural gas distribution company Overgas Mrezhi was established in 2001, under the Sofiagas name, when it spun-off from local Overgas Inc. It is engaged in the distribution and supply of natural gas and is also engaged in the design, construction and exploitation of the natural gas pipeline networks.
In April 2015 Bulgarian gas retailer Overgas decided to merge 4 of its subsidiaries - Overgas Zapad (gas distribution and supply licence for the municipalities of Kyustendil, Montana, Mezdra, Petrich, Bansko and Razlog), Overgas Iztok (gas distribution licence for the municipalities of Burgas, Karnobat, Aytos, Nesebar, Pomorie, Sozopol, Primorsko, Tsarevo, Stara Zagora, Nova Zagora, Yambol, Novi Pazar and Varna), Overgas Sever (gas distribution licence for the "Dunav" territory and the municipalities of Ruse, Gorna Oryahovitsa, Veliko Tarnovo, Lyaskovets, Popovo, Razgrad, Isperih, Lovech, Pavlikeni and Levski) and Overgas Yug (gas distribution licence for the municipalities of Asenovgrad, Parvomay, Pazrdzhik and Peshtera) into Sofiagas (gas distribution and supply licence for the capital city of Sofia, including the Bankya district and Bozhurishte) and rename the latter into Overgas Mrezhi.

Headquarters
1 Filip Kutev Str.
Sofia; Sofia - city; Postal Code: 1407

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Website: http://www.overgas.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:
May 15, 2001
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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55.14%
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34.56%
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0.23%
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0.03%
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0.02%
Subsidiaries
S D Project EAD
100%
SD Project EAD
100%
Toplofikatsiya AD Montana
80%
Company Performance
Financial values in the chart are available after Overgas Mrezhi 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
47.44%
Total operating revenue
47.72%
Operating profit (EBIT)
31.21%
EBITDA
19.22%
Net Profit (Loss) for the Period
-2.83%
Total assets
7.31%
Total equity
-42.05%
Operating Profit Margin (ROS)
-1.4%
Net Profit Margin
-4.31%
Return on Equity (ROE)
3.73%
Quick Ratio
-2.08%
Cash Ratio
-0.51%

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