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Vinzavod AD (Bulgaria)

Main Activities: Wineries
Full name: Vinzavod AD Profile Updated: September 15, 2022
Buy our report for this company USD 29.95 Most recent financial data: 2021 Available in: English Download a sample report

Vinzavod Asenovgrad, which was established in 1947, specializes in production of red wines and spirits.
The winery, located in southeast Bulgaria, has an annual capacity to produce 12 million bottles of red wines and process 10 million kilogrammes of grape.
It focuses on production of red wine sorts such as Merlo, Mavrud, Roubin, and Cabernet Sovingon.
Its traditional markets are Germany, Sweden, Lithuania, Latvia, Estonia, Netherlands, the United Kingdom, Czech Republic, Vietnam and Canada.
The winery produced 3.09 million bottles of wine in 2004 and 384,000 bottles of other spirits.
In May 1997, Bulgaria's industry ministry sold a 59% stake in the winery to local company Vini-AS for USD 1.95 million. The buyer, which later expanded its stake to almost 90%, pledged to invest another USD 1.68 million in the company. The winery has announced plans to expand its own vineyards to 200 hectares by the end of 2006.
In 2012 Vinzavod AD Asenovgrad produced 984,000 bottles of wine and 122,000 bottles of other spirits.

Headquarters
Balgariya 75
Asenovgrad; Plovdiv; Postal Code: 4230

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Website: http://www.mavrud.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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Ratings:
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Incorporation Date:
May 30, 1996
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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49.99%
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36.15%
Subsidiaries
Company Performance
Financial values in the chart are available after Vinzavod 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
-54.95%
Total operating revenue
-51.94%
Operating profit (EBIT)
N/A
EBITDA
N/A
Net Profit (Loss) for the Period
N/A
Total assets
-3.63%
Total equity
-6.63%
Operating Profit Margin (ROS)
N/A
Net Profit Margin
N/A
Return on Equity (ROE)
N/A
Debt to Equity Ratio
1.58%
Quick Ratio
-0.09%
Cash Ratio
-0%

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