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Hora SA (Romania)

Main Activities: Musical Instrument Manufacturing
Full name: Hora SA Profile Updated: July 26, 2018
Buy our report for this company USD 29.95 Most recent financial data: 2018 Available in: English & Romanian Download a sample report

Hora SA was founded in 1951 by the master luthier Roman Boianciuc who built the first violin in Reghin. Now the factory produces yearly more than 50.000 guitars, 5.000 mandolins, 10.000 violins and 2.500 cellos and double basses. The main activity of the company was manufacture of musical instruments. The company headquarters is located in Reghin, Mures county. The concern for the environment made HORA use more and more water based lacquers which suit even better not only the traditional instruments but also the guitars and even violins. The finish with this kind of lacquers produces open and powerful sound of the instrument. The spruce and maple wood is from Romanian Carpathians Mountains seasoned naturally for 5-10 years. Company use Exotic wood like mahogany, rosewood, ebony is also used. HORA distributes its instruments all over the world through distributors and also by retail. 80% from the production goes to well known distributors from U.S.A., Canada, Germany, Italy, France, Spain, Sweden, Finland, Israel, Russia, Japan etc.

Headquarters
Strada Salcimilor Nr. 3
REGHIN; Mures; Postal Code: 004225

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Website: http://www.hora.ro

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:
February 05, 1991
Key Executives
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Administrator
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Administrator
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Administrator
Ownership Details
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29.3635%
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5.1241%
Subsidiaries
Rapsodia SRL
60%
Company Performance
Financial values in the chart are available after Hora SA report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency RON. Absolute financial data is included in the purchased report.
Net sales revenue
3.54%
Total operating revenue
3.14%
Operating profit (EBIT)
64.69%
EBITDA
17.08%
Net Profit (Loss) for the Period
103.61%
Total assets
0.03%
Total equity
1.55%
Operating Profit Margin (ROS)
1.74%
Net Profit Margin
1.73%
Return on Equity (ROE)
0.84%
Quick Ratio
0.2%
Cash Ratio
0.03%

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