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Tigar A.D. Pirot (Serbia)

Main Activities: Footwear Manufacturing | Rubber Product Manufacturing | Management of Companies and Enterprises
Secondary Activities: Paint and Coating Manufacturing
Full name: Tigar A.D. Pirot Profile Updated: March 14, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Pirot-based rubber goods producer Tigar was initially established in 1935. It was transformed into a joint-stock company in 1991. In December 2002 began the restructuring of the firm and 8 separate legal entities were set up.
Tires manufacturer Tigar Tyres (former Tigar MH) was established in 2003 as a joint venture between Tigar A.D. (65%), France’s Michelin (25%) and the International Finance Corporation (10%). In 2009 Michelin became the sole owner of the company.
Tigar Corporation comprises companies engaged in the following areas - manufacture of footwear, technical rubber goods and chemical products, retail of automotive accessories and footwear, tire repair services, auto-mechanic services, car wash.

Headquarters
Nikole Pasica 197
Pirot; Pirot; Postal Code: 18300

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Website: http://www.tigar.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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Incorporation Date:
January 24, 1994
Key Executives
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Chairman of the Supervisory Board
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Member of the Supervisory Board
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Member of the Supervisory Board
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Member of the Supervisory Board
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Member of the Supervisory Board
Ownership Details
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0.75%
Subsidiaries
Slobodna Zona-Pirot (United States)
100%
Tigar Business Services D.O.O
100%
Tigar Inter Risk Doo
100%
Company Performance
Financial values in the chart are available after Tigar A.D. Pirot 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
-32.49%
Total operating revenue
-32.5%
Operating profit (EBIT)
-66.68%
EBITDA
-106.14%
Net Profit (Loss) for the Period
-49.77%
Total assets
-8.86%
Total equity
-39.59%
Operating Profit Margin (ROS)
-17.21%
Net Profit Margin
-19.11%
Return on Equity (ROE)
0.44%
Debt to Equity Ratio
33.24%
Quick Ratio
-0.02%
Cash Ratio
-0.02%

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