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Veteks AD Veles (North Macedonia)

Main Activities: Fiber, Yarn, and Thread Mills | Other Apparel Knitting Mills | Apparel, Piece Goods, and Notions Merchant Wholesalers
Full name: Veteks AD Veles Profile Updated: March 14, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Veteks AD is a Macedonian cotton thread factory, established in 1973 as a unit of the State-owned tobacco company Nada Butnikosareva. In 1989, the company was restructured into Pretprijatie za Proizvodstvo na Predivo I Konec Veteks.
In March, 1991, Veteks AD was transformed into a joint stock company, and in May the same year, it split into two new companies – Veteks AD and Triko AD.
Veteks AD is listed on the local stock exchange since 2002.
The company exports its products to the foreign markets of Germany, Austria, Italy, Denmark, Holland, France and Switzerland as well.

Headquarters
Ul. Vardarska br.50
Veles; Vardar;

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Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
January 01, 1973
Key Executives
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Chairman
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Chief Executive Officer
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Chairman of the Supervisory Board
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Member of the Management Board
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Member of the Supervisory Board
Ownership Details
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19.8%
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15.2%
Subsidiaries
Vetex Ad Veles
100%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency MKD. Absolute financial data is included in the purchased report.
Net sales revenue
3.87%
Total operating revenue
1.22%
Operating profit (EBIT)
47.09%
EBITDA
-4.14%
Net Profit (Loss) for the Period
400.37%
Total assets
-3.11%
Total equity
2.71%
Operating Profit Margin (ROS)
0.88%
Net Profit Margin
1.71%
Return on Equity (ROE)
2.19%
Debt to Equity Ratio
-1.05%
Quick Ratio
1.19%
Cash Ratio
0.09%

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