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Pirin Tex EOOD (Bulgaria)

Main Activities: Men’s and Boys’ Cut and Sew Apparel Manufacturing
Full name: Pirin-Tex 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

Pirin Tex, which was established in 1993, is one of the leading manufacturers of high quality men's wear in the region. It was founded by German businessman Bertram Rollmann when he decided to relocate his company's luxury men's garments and accessories production from Greece to Bulgaria. Initially, he set up a joint venture Pirin Tex, where Rollmann & Partner Fashion Management held 80% of the equity while the rest was controlled by local radio electric equipment maker Pirel.
The company launched garment production in 1994 and two years later opened a DEM 14 million production site, which spans over 11,000 square metres. After launching the production site, the German investor bought full control of Pirin Tex equity. Rollmann & Partner Fashion Management invested some EUR 19.4 million in Bulgaria from 1992 to 2004.
At present, Pirin Tex operates four production lines that span over 25,000 square metres in the southwestern town of Gotse Delchev, with a daily capacity of over 3,000 suits. The company output is exported to Germany, France, Switzerland and Greece. On the local market, the company sells all its goods under the Rollmann brand. It operates retail stores in the towns of Sofia, Plovdiv, Burgas and Gotse Delchev.

Headquarters
ul. Industrialna 28
Gotse Delchev; Blagoevgrad; Postal Code: 2900

Contact Details: Purchase the Pirin Tex EOOD report to view the information.

Website: http://www.pirintex.com/

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:
March 30, 1993
Key Executives
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Manager
Ownership Details
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100%
Company Performance
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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
-32.69%
Total operating revenue
-32.36%
Operating profit (EBIT)
-3.71%
EBITDA
-540%
Net Profit (Loss) for the Period
-4.87%
Total assets
-0.41%
Total equity
-10.87%
Operating Profit Margin (ROS)
-2.52%
Net Profit Margin
-2.81%
Return on Equity (ROE)
-1.83%
Debt to Equity Ratio
17.9%
Quick Ratio
-0.09%
Cash Ratio
-0%

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