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Zlatna Panega Cement AD (Bulgaria)

Main Activities: Cement Manufacturing | Ready-Mix Concrete Manufacturing
Full name: Zlatna Panega Cement 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

Zlatna Panega Cement plant, which was established in 1966, is part of Greece's Titan Cement group. Zlatna Panega Cement AD is engaged in the manufacture of cement and ready-mixed concrete.
In July 1997, Germany's Heidelberger Zement AG bought 51% of the Zlatna Panega plant for USD 26 million. Heidelberger paid USD 19 million in cash and USD 7.0 million in domestic bad debt loan bonds. The new owner, which subsequently acquired full control of the plant, pledged to invest a total of USD 25 million in Zlatna Panega. In December 2003, Heidelberg Group signed a deal to sell 99.9% of Zlatna Panega Cement to Greece's Titan Cement for EUR 56.8 million.

Headquarters
Village Zlatna Panega, 2 Shipka Str.
Yablanitsa; Lovech; Postal Code: 5760

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Website: http://www.titan.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:
June 12, 1989
Key Executives
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Executive Director and Member of the Board of Directors
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Member of the Board of Directors
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Member of the Board of Directors
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Member of the Board of Directors
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Member of the Board of Directors
Ownership Details
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99.99%
Subsidiaries
KChPB EAD
100%
Titan Investments EAD
100%
Company Performance
Financial values in the chart are available after Zlatna Panega Cement 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
-4.68%
Total operating revenue
-2.65%
Operating profit (EBIT)
N/A
EBITDA
-56.64%
Net Profit (Loss) for the Period
N/A
Total assets
-6.67%
Total equity
-9.87%
Operating Profit Margin (ROS)
N/A
Net Profit Margin
N/A
Return on Equity (ROE)
N/A
Quick Ratio
-0.57%
Cash Ratio
-0.31%

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