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Lovo Promet D.O.O. Nis (Serbia)

Main Activities: Wholesale Trade Agents and Brokers | Nonstore Retailers
Full name: Lovo Promet D.O.O. Nis Profile Updated: July 06, 2023
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Lovo Promet D.O.O. is a company located in Nis, Serbia. It was founded in 1991 and specializes in the wholesale and retail trade of food products. Initially, the company operated with three employees and had limited capital and storage space. However, in 1994, they introduced a new program of frozen fish and fish products, which helped them gain recognition in the market and expand their business. In 2000, they built a new business and storage area with cold storage facilities and specialized vehicles for transporting fish and seafood. This allowed them to import fish and seafood from various countries around the world. Over the years, Lovo Promet has expanded its product range to include canned tuna, fish specialties, fresh fish, frozen and canned vegetables, fruit, French fries, frozen pastries, and chicken. They currently supply their production program to over 1,200 customers throughout Serbia. In 2019, they obtained the certificate of being one of the 100 largest companies in Serbia.

Headquarters
Stevana Sindjelica 36
Camurlija; Nis-Crveni Krst;

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Website: http://www.lovopreomet.rs

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:
March 10, 1988
Key Executives
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Director
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Representative
Ownership Details
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45%
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45%
Company Performance
Financial values in the chart are available after Lovo Promet D.O.O. Nis report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency RSD. Absolute financial data is included in the purchased report.
Net sales revenue
16.07%
Total operating revenue
16.18%
Operating profit (EBIT)
15.2%
EBITDA
14.21%
Net Profit (Loss) for the Period
24.83%
Total assets
3.96%
Total equity
24.49%
Operating Profit Margin (ROS)
-0.13%
Net Profit Margin
1.12%
Return on Equity (ROE)
0.05%
Debt to Equity Ratio
-12.4%
Quick Ratio
3.3%
Cash Ratio
0%

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