You have 10 free articles left this month. Get your freeBasic subscription now and gain instant access to more.

Dundee Precious Metals Chelopech EAD

Summary

Company ID (NIN)

122003576

Company owner / manager

  • Dundee Precious (Chelopech) BV

Country

Bulgaria

Capital

17,765,000

Total assets

371,142,000

Net profit for the period

150,764,000

Report year

2018

Currency

BGN

Industry

Non-ferrous Metals

Southeastern Europe Company Index (SEECI)

What is SEECI?

General information

About Dundee Precious Metals Chelopech EAD

Dundee Precious Metals Chelopech EAD is a Bulgarian company, engaged in mining and processing of copper and pyrite ores.

It also produces and exports gold and copper concentrate.

 

Last updated on Dec 6, 2019.

Meta info
Status
Active
Legal form
Joint Stock Company
Incorporation date
Dec. 10, 1991
NIN
122003576
Tickers
Stock Exchange
ISIN
Profile last updated
March 26, 2020, 1:02 p.m.
Alternative names

    Dundee Precious Metals Chelopech JSC

History

    1954 - The Chelopech copper mine is opened.

    Apr 20, 1989 - State-owned DF Polimet, engaged in extracting and processing of non-ferrous ores, is established with a capital of BGL 567.793 mln. Chelopech mining and enrichment plant starts operations as part of DF Polimet.

    Dec 10, 1991 - State-owned limited liability company Chelopech EOOD is established as a successor of DF Polimet.

    Feb 5, 1996 - Chelopech EOOD transforms into a joint stock company, majority-owned by the state.

    June 8, 1999 - Bulgaria's Privatisation Agency sells 75% in Chelopech EAD to Navan Bulgarian Mining BV, a subsidiary of Irish Navan Mining PLC, for BGN 5.05 mln.

    Sept 14, 1999 - Chelopech AD changes its name to Navan Chelopech AD.

    June 16, 2000 - Bulgaria's Privatisation Agency sells 0.57% in Navan Chelopech AD to individuals for BGN 33,204 via a mass privatisation process.

    End-2002 - Navan Mining PLC is declared insolvent and placed under receivership. Deutsche Bank AG is appointed receiver. Canadian investment company Dundee Precious Metals Inc. is selected as the best bidder.

    July 25, 2003 - Bulgaria's Privatisation Agency sells 24.43% in Navan Chelopech AD to Navan Bulgarian Mining BV for EUR 133,192.

    Sept 30, 2003 - Dundee Precious Metals Inc., through its fully-owned subsidiary Dundee Precious Acquisition Inc., acquires Navan Bulgarian Mining BV.

    Dec 9, 2003 - The company renames to Chelopech Mining AD from Navan Chelopech AD.

    May 11, 2004 - Dutch-based company Dundee Precious (Chelopech) BV acquires 100% of Chelopech Mining AD.

    Sept 14, 2005 - The company increases its capital to BGN 16,380,723 from BGN 380,723.

    Oct 25, 2005 - Chelopech Mining EAD and Bulgarian copper mining company Asarel-Medet AD, copper and gold mining company Ellatzite Med AD, copper smelter Aurubis Bulgaria AD (formerly known as Cumerio Med AD), Panagyuirshe and Pirdop municipalities and individuals set up Industrial Cluster Srednogorie, in Pirdop, western Bulgaria.

    Dec 9, 2005 - Chelopech Mining EAD takes over the non-ferrous ore extracting company Bimak EAD.

    June 2, 2013 - The company EAD changes its name to Dundee Precious Metals Chelopech EAD.

    Jul 21, 2017 - Dundee Precious Metals Chelopech EAD establishes its wholly-owned local subsidiary Private English Language Secondary School Chelopech EOOD.

     

    Last updated on Dec 6, 2019.

Management

Board of Directors
David Rae
Member of the Board
Nikolay Petrov Hristov
Member of the Board
Hume Douglas Kyle
Member of the Board
Iliya Borisov Garkov
Member of the Board
Executive Board
Iliya Borisov Garkov
CEO

Contacts

Address
Chelopech village
2087
Chelopech, Bulgaria
Telephones

+359 728 68 200
+359 2 930 1500
+359 728 68 226

Fax

+359 728 68 295
+359 728 68 296

Emails

office@dpm-group.com
office_sofia@dpm-group.com
pr@dundeeprecious.com

Websites
www.dundeeprecious.com

Ownership

Name Direct holding Indirect holding Owner type Country
Dundee Precious (Chelopech) BV 100.0 Company Netherlands

Subsidiaries and affiliates

Name Direct holding Indirect holding Country
Private English Language Secondary School Chelopech EOOD 100.0 Bulgaria

Products and services

Dundee Precious Metals Chelopech EAD is a gold, silver and copper extracting and processing company.

Its main products are gold, silver and copper concentrate.

Capacity

Access 800,000+
basic

Basic profiles include:

  • General information
  • Contacts
  • Management
  • Ownership
  • Employment
  • Financial Information & Key Financial Ratios
and 4,000+
premium

Additionaly to the content in basic profiles, premium profiles include:

  • Company History
  • Subsidiaries & Affiliates
  • Product & Services
  • Capacity
  • Market & Sales
  • Investment Plans
company profiles

Employment

Access 800,000+
basic

Basic profiles include:

  • General information
  • Contacts
  • Management
  • Ownership
  • Employment
  • Financial Information & Key Financial Ratios
and 4,000+
premium

Additionaly to the content in basic profiles, premium profiles include:

  • Company History
  • Subsidiaries & Affiliates
  • Product & Services
  • Capacity
  • Market & Sales
  • Investment Plans
company profiles

Market and sales

Access 800,000+
basic

Basic profiles include:

  • General information
  • Contacts
  • Management
  • Ownership
  • Employment
  • Financial Information & Key Financial Ratios
and 4,000+
premium

Additionaly to the content in basic profiles, premium profiles include:

  • Company History
  • Subsidiaries & Affiliates
  • Product & Services
  • Capacity
  • Market & Sales
  • Investment Plans
company profiles

Investment plans

Access 800,000+
basic

Basic profiles include:

  • General information
  • Contacts
  • Management
  • Ownership
  • Employment
  • Financial Information & Key Financial Ratios
and 4,000+
premium

Additionaly to the content in basic profiles, premium profiles include:

  • Company History
  • Subsidiaries & Affiliates
  • Product & Services
  • Capacity
  • Market & Sales
  • Investment Plans
company profiles

Financial information

Access 800,000+
basic

Basic profiles include:

  • General information
  • Contacts
  • Management
  • Ownership
  • Employment
  • Financial Information & Key Financial Ratios
and 4,000+
premium

Additionaly to the content in basic profiles, premium profiles include:

  • Company History
  • Subsidiaries & Affiliates
  • Product & Services
  • Capacity
  • Market & Sales
  • Investment Plans
company profiles
Compare