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Birac a.d. - in bankruptcy proceedings

Summary

Company ID (NIN)

4400252600003

Company owner / manager

  • UAB Ukio Banko Investicine Grupe
  • Others

Country

Bosnia and Herzegovina

Capital

729,085,280

Total assets

175,387,292

Net loss for the period

708,818

Report year

2018

Currency

BAM

Industry

Metals Mining

Southeastern Europe Company Index (SEECI)

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General information

About Birac a.d. - in bankruptcy proceedings

Birac a.d. is a Bosnian company specialises in the production of aluminium, zeolite and related products.

 

Last updated on May 22, 2019.

Meta info
Status
Bankruptcy Proceedings
Legal form
Joint Stock Company
Incorporation date
Oct. 6, 1978
NIN
4400252600003
Tickers
Stock Exchange
ISIN
BA100BIRARA6
Profile last updated
May 22, 2019, 1:12 p.m.
Alternative names

    Birac JSC
    Birac Alumina Factory JSC
    Fabrika glinice Birac a.d.

History

    Oct 6, 1978 - The company is established in Zvornik, eastern Bosnia and Herzegovina.

    2001 - Lithuanian Ukio Bank Investment Group acquires 63.86% in Birac a.d. for BAM 6.0 mln from the Privatisation Directorate in the Bosnia's Serb Republic.

    Nov 15, 2002 - The company lists on the Banja Luka Stock Exchange.

    Aug 08, 2006 - The company receives an ISO 9001:2000 Quality management systems certificate valid until July 31, 2009.

    Apr 08, 2012 - The Commercial District Court in Bijeljina launches bankruptcy proceedings against the company. Lazo Djurdjevic is appointed as a receiver.

     

    Last updated on May 22, 2019.

Management

Executive Board
Lazo Djurdjevic
Receiver

Contacts

Address
bb Karakaj Str.
75400
Zvornik, Bosnia and Herzegovina
Telephones

+387 56 261 748
+387 56 260 435
+387 56 260 970

Fax

+387 56 260 726
+387 56 260 726

Emails

sec@birac.ba
sec@aluminazv.ba

Websites
N/A

Ownership

Name Direct holding Indirect holding Owner type Country
UAB Ukio Banko Investicine Grupe 56.8 Company Lithuania
Others 43.2 Other

Subsidiaries and affiliates

Name Direct holding Indirect holding Country
Birac-Energo d.o.o. 100.0 Bosnia and Herzegovina
AB Birac-Europe 100.0 Lithuania
Alumina d.o.o. 100.0 Bosnia and Herzegovina
Mehanika d.o.o. 100.0 Bosnia and Herzegovina

Products and services

Birac a.d. mainly produces calcined aluminium products. The company also produces:

  • aluminium hydrate;
  • zeolite for detergents;
  • liquid sodium silicate - water glass;
  • precipitated silicium dioxide;
  • molecular sieves;
  • alumosilicate fibres;
  • ceramic fibres.

Last updated on May 22, 2019.

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