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KORADO BULGARIA AD

Summary

Company ID (NIN)

814190902

Company owner / manager

  • Other
  • Korado a.s.

Country

Bulgaria

Capital

13,169,000

Total assets

30,848,000

Net profit for the period

5,254,000

Report year

2018

Currency

BGN

Industry

Machinery/Engineering

Southeastern Europe Company Index (SEECI)

What is SEECI?

General information

About KORADO BULGARIA AD

Korado-Bulgaria AD is a Bulgarian producer of steel panel radiators, towel rail radiators, design radiators and convectors, a subsidiary of Czech heating equipment producer Korado a.s.

The company holds an ISO 9001:2015 Quality management systems certificate, valid until May 31, 2021.


Last updated on May 22, 2019.

Meta info
Status
Active
Legal form
Joint Stock Company
Incorporation date
Jan. 1, 1968
NIN
814190902
Tickers
4KX
Stock Exchange
Bulgarian Stock Exchange
ISIN
BG11LUSTAT13
Profile last updated
May 22, 2019, 1:16 p.m.
Alternative names

    Korado-Bulgaria JSC

History

    1968 - A steel panel radiators factory is established in Strazhitsa, northeastern Bulgaria. The factory is part of State Economic Association Metalurgia (Metallurgy).

    Apr 27, 1989 - The factory is restructured into a state-owned company and named DF Lach.

    June 4, 1992 - Lach is restructured into a joint stock company.

    1997 - A total 67% in Lach AD is privatised via mass privatisation.

    Dec 15, 1997 - Bulgaria's Privatisation Agency sells 26% in Lach AD to Czech radiators manufacturer Korado a.s. for USD 675,000.

    1998 - Korado a.s. raises its stake in Lach AD to 84.8% and changes its name to Korado-Bulgaria AD.


    Last updated on May 22, 2019.

Management

Supervisory Board
Frantisek Hamacek
Member of the Board
Ivan Asenov Lyaskov
Member of the Board
Tomas Kollert
Chairman of the Board
Evelina Miltenova Velikova
Member of the Board
Eva Voborova
Member of the Board
Josef Laska
Member of the Board
Board of Directors and Executives
Jiri Reznicek
Chairman of the Board and CEO
Jana Hrebickova
Member of the Board
Silvia Drumeva Stefanova
Deputy-Chairman of the Board

Contacts

Address
28 Gladstone Str.
5150
Strazhitsa, Bulgaria
Telephones

+359 6161 42 45

Fax

+359 6161 42 42

Emails

info@korado.bg

Websites
www.korado.bg

Ownership

Name Direct holding Indirect holding Owner type Country
Other 17.55 Other
Korado a.s. 82.45 Company Czech Republic

Subsidiaries and affiliates

Name Direct holding Indirect holding Country

Products and services

Korado-Bulgaria AD produces:

  • steel panel radiators;
  • towel rail radiators;
  • convectors;
  • design radiators.

 

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