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Turbotrucks Bulgaria OOD (Bulgaria)

Main Activities: Other Motor Vehicle Dealers | Automotive Parts and Accessories Stores
Secondary Activities: Automotive Mechanical and Electrical Repair and Maintenance
Full name: Turbotrucks Bulgaria 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

Turbotrucks Bulgaria was set up in 1994 as UBN Auto and is a part of Turbos Hoet Group. The company is a dealer of trucks and spare parts and offers repair services, as well. Since 2005 the company is an official distributor of DAF Trucks N.V. for Bulgaria.
In 2006, the owners of the company sold 50% of its shares to the Belgian group Turbo`s Hoet Group NV, which was established in 1973 and it specializes in the field of turbochargers. It is also the official distributor of all major manufacturers of turbochargers. Through its subsidiaries, Turbo`s Hoet Group NV carries out direct sales in France, Holland, Belgium, Belarus and Russia. In 2010 the owners of "UBN Auto" sold 50% its shares to Turbo's Hoet Group NV, thus the company became a 100% Belgian. The new owners kept the name and the main activity of the company, but changed the management team. In 2011 the Turbo`s Hoet Group NV's Board of Directors decided to impose their own brand "Turbotrucks" and to unify the names of all of company's dealers, renaming them "Turbotrucks". This project includes "UBN Auto" OOD as well. A decision was taken to initiate the change of name of the company and all companies owned by Turbo`s Hoet Group NV to bear one common name - "Turbotrucks", followed by the corresponding name of the city or country. The same year Turbotrucks Group became the largest DAF dealer in the world with 3321 new heavy-duty vehicles sold. Turbotrucks unites the following companies: Spillier-Decock, Universal Trucks, Turbo's Hoet DAF France, UBN Auto Bulgaria and Turbo's Hoet Russia. In early-2013. the company's name is changed from "UBN Auto" to "Turbotrucks Bulgaria".
Turbotrucks Bulgaria has stores for spare parts in Sofia, Plovdiv, Varna and Bourgas as well as repair service centers in Sofia, Plovdiv and Bourgas.

Headquarters
Gorni Bogrov, Botevgradsko shose No 420
Sofia; Sofia - city; Postal Code: 1806

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Website: http://www.turbotrucks.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 13, 1994
Key Executives
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Manager
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Manager
Ownership Details
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99%
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1%
Company Performance
Financial values in the chart are available after Turbotrucks Bulgaria 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
25.96%
Total operating revenue
24.95%
Operating profit (EBIT)
30.65%
EBITDA
-6.58%
Net Profit (Loss) for the Period
38.51%
Total assets
1.83%
Total equity
-8.61%
Operating Profit Margin (ROS)
0.13%
Net Profit Margin
0.3%
Return on Equity (ROE)
6.17%
Debt to Equity Ratio
-2.32%
Quick Ratio
-0.42%
Cash Ratio
0.01%

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