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Hidravlichni Elementi i Sistemi AD

Summary

Company ID (NIN)

838168266

Company owner / manager

  • Stara Planina Hold AD
  • Others

Country

Bulgaria

Capital

18,194,000

Total assets

48,818,000

Net profit for the period

5,274,000

Report year

2018

Currency

BGN

Industry

Machinery/Engineering

Southeastern Europe Company Index (SEECI)

What is SEECI?

General information

About Hidravlichni Elementi i Sistemi AD

Hidravlichni Elementi i Sistemi AD is an export-oriented Bulgarian hydraulic cylinders producer.

 

Last updated on May 20, 2019.

Meta info
Status
Active
Legal form
Joint Stock Company
Incorporation date
June 17, 1968
NIN
838168266
Tickers
4HE
Stock Exchange
Bulgarian Stock Exchange
ISIN
BG11HIYMAT14
Profile last updated
May 20, 2019, 2:23 p.m.
Alternative names

    Hidravlichni Elementi i Sistemi AD
    Hidravlichni Elementi i Sistemi JSC
    HES AD
    HES Plc.
    HES JSC

History

    June 17, 1968 - Kombinat za Hidravlichni Elementi Ivan Tenev, a factory for hydraulic cylinders, is established in Yambol, southeastern Bulgaria.

    Feb 18, 1991 - Hidravlika-Hidroelementi i Sistemi, a subsidiary of state-owned DF Hidravlika, is registered as the legal successor of Kombinat za Hidravlichni Elementi Ivan Tenev.

    Oct 23, 1991 - Hidravlika-Hidroelementi i Sistemi transforms into joint stock company Hidroelementi i Sistemi AD, with a subscribed capital of BGL 26.325 mln.

    1997 - Bulgaria's Privatisation Agency sells 67% in the company via mass privatisation.

    May 19, 1998 - Hidravlichni Elementi i Sistemi AD lists on the Bulgarian Stock Exchange.

    Mar 12, 1999 - Bulgaria's Privatisation Agency sells 23.4% in Hidroelementi i Sistemi AD to management-employee buyout company Hidravlika 98 AD for a total of USD 737,000.

    Jan 18, 2002 - Bulgaria's Privatisation Agency sells 6.85% in Hidroelementi i Sistemi AD on the Bulgarian Stock Exchange.

    June 15, 2005 - Hidroelementi i Sistemi AD changes its name to Hidravlichni Elementi i Sistemi AD (Hydraulic Elements and Systems AD).

    Dec 20, 2014 - The company recieves an ISO 9001:2008 Quality management systems certificate.

     

    Last updated on May 20, 2019.

Management

Executive Board
Vasil Georgiev Velev, a representative of Velev Invest EOOD (Bulgaria)
CEO
Board of Directors
Sostra Engineering EOOD
Member of the Board
Vasil Georgiev Velev, a representative of Velev Invest EOOD (Bulgaria)
Member of the Board
Spas Borisov Videv, a representative of Maya-PL OOD (Bulgaria)
Chairman of the Board

Contacts

Address
1 Pirin Str.
8600
Yambol, Bulgaria
Telephones

+359 46 661 457
+359 46 661 464
+359 46 663 130
+359 46 683 242
+359 29 634 159
+359 29 634 161

Fax

+359 46 661 456

Emails

info@hes-co.com
marketing@hes-co.com
sales@hes-co.com
investor@sphold.com

Websites
www.hes-co.com

Ownership

Name Direct holding Indirect holding Owner type Country
Stara Planina Hold AD 64.53 Company Bulgaria
Others 35.47 Company Bulgaria

Subsidiaries and affiliates

Name Direct holding Indirect holding Country
ZAD Asset Insurance AD 20.0 Bulgaria

Products and services

Hidravlichni Elementi i Sistemi AD designs models, produces and provides maintenance for:

  • hydraulic cylinders
    • piston - single-acting and double-acting
    • plunger - single-acting
    • telescopic:
      • single-acting
      • double-acting
    • Reykovi
  • manual hydraulic piston pumps;
  • precise rotary components with or without galvanic coating.

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