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Tandem-v OOD (Bulgaria)

Main Activities: Animal Slaughtering and Processing
Full name: Tandem-v OOD 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

Tandem-V, which was established in 1993, is one of the leading providers of pork and veal products in Bulgaria, producing products for the retail, wholesale and foodservice markets.
It produces a wide variety of processed meats, including smoked and boiled hams, bacon, sausage, frankfurters, deli and luncheon meats, specialty products, such as pepperoni, dry meat products, and ready-to-eat, prepared foods such as pre-cooked entrees and pre-cooked bacon and sausage.
The company markets its processed meat products under labels that include Lionska, Burgas, Hamburg, Kamchia, etc.
In September 2002, Tandem-V, which was launched as a private sandwich-making enterprise, opened a EUR 4.0 million meat processing plant in the capital Sofia.
The facility has a daily output capacity of 30 tonnes of meat products.
In March 2007, Tandem’s entire production cycle has been cleared for export to the European Union (EU).
In September 2007 the company invested EUR 2.0 million in an organic beef breeding farm near Damyanovo in northern Bulgaria. The farm stands on 110 hectares of land high in the Balkan mountain range.
The project was implemented by Tandem’s subsidiary Biologica. The company expects to start offering the farm’s output on the domestic market by 2009.
In January 2008, Tandem launched a new range of meat products, containing below 3.0% of fat. The range includes smoked and boiled ham of veal, turkey and pork.

Headquarters
bul. Iliyantsi 34
Sofia; Sofia - city; Postal Code: 1220

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Website: http://www.tandem.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:
December 08, 1993
Key Executives
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Manager
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Manager
Ownership Details
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50%
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50%
Subsidiaries
HK Karandila OOD
50%
Company Performance
Financial values in the chart are available after Tandem-v OOD 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
3.23%
Total operating revenue
3.56%
Operating profit (EBIT)
15.11%
EBITDA
11.77%
Net Profit (Loss) for the Period
25.47%
Total assets
5.93%
Total equity
10.59%
Operating Profit Margin (ROS)
0.87%
Net Profit Margin
1.18%
Return on Equity (ROE)
1.86%
Debt to Equity Ratio
-4.99%
Quick Ratio
0.1%
Cash Ratio
-0%

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