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Progres AD (Bulgaria)

Main Activities: Iron Foundries
Full name: Progres 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

Progres AD is a company located in Stara Zagora, Bulgaria. With over 110 years of tradition, the company specializes in producing high-quality technical castings made of gray and spheroidal graphite iron. They also provide machining services for the castings they produce. The company is equipped with modern production facilities, including melting capacities from ABP, INDUCTOTERM, and BBC. They have several molding lines, such as the automatic 2D production line HSP by HEINRICH WAGNER SINTO, the automatic 3S production line FBO by HEINRICH WAGNER SINTO, a semi-automatic molding line equipped with FOROMAT machines, and a machine molding section with DOZAMET machines. They also have crushing lines, crushing drums, and machines for internal cleaning of castings with complex configurations. Additionally, they have a production section for cores with ROPERVERK and LAEMPE machines. Progres AD has a well-equipped laboratory that is accredited and performs comprehensive quality control on incoming raw materials, characteristics of the alloy material and molding mix, as well as physical, chemical, and mechanical properties of the finished products. The company has a production capacity of 15,000 tons of castings per year.

Headquarters
District Industrialen
Stara Zagora; Stara Zagora; Postal Code: 6000

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Website: http://www.progress-sz.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:
October 24, 1991
Key Executives
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Executive Director and Member of the Board of Directors
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Executive Director and Member of the Board of Directors
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Member of the Board of Directors
Ownership Details
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83.29%
Company Performance
Financial values in the chart are available after Progres 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
38.43%
Total operating revenue
36.97%
Operating profit (EBIT)
-29.73%
EBITDA
-22.37%
Net Profit (Loss) for the Period
-33.29%
Total assets
23.85%
Total equity
10.37%
Operating Profit Margin (ROS)
-4.27%
Net Profit Margin
-3.87%
Return on Equity (ROE)
-6.15%
Debt to Equity Ratio
0.36%
Quick Ratio
-0.26%
Cash Ratio
-0.17%

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