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M+S HYDRAULIC AD

Summary

Company ID (NIN)

123028180

Company owner / manager

  • Others
  • Stara Planina Hold AD
  • M+S 97 AD
  • Industrialen Kapital Holding AD

Country

Bulgaria

Capital

39,433,000

Total assets

92,780,000

Net profit for the period

14,576,000

Report year

2018

Currency

BGN

Industry

Machinery/Engineering

Southeastern Europe Company Index (SEECI)

What is SEECI?

General information

About M+S HYDRAULIC AD

M+S Hydraulic AD is a Bulgarian manufacturer of hydraulic equipment - hydraulic motors, steering units, valves, brakes and accessories.

As of May 2019, the company is included in the major indices of the Bulgarian Stock Exchange – SOFIX, BGBX40 and BG TR30.

M+S Hydraulic AD holds:

  • an ISO 9001:2015 Quality management systems certificate, valid untill Mar 30, 2020;
  • an ISO 14001:2004 Environmental management systems certificate, valid until November 19, 2020;
  • an OHAS 18001:2007 Occupational health and safety management systems certificate, valid until November 19, 2020.

The company's production is certified with Certificates of Conformity оf The Russian Federation, all valid untill February 03, 2018.

 

Last updated on May 23, 2019.

Meta info
Status
Active
Legal form
Joint Stock Company
Incorporation date
Sept. 1, 1963
NIN
123028180
Tickers
5MH
Stock Exchange
Bulgarian Stock Exchange
ISIN
BG11MPKAAT18
Profile last updated
May 23, 2019, 10:36 a.m.
Alternative names

    M+S Hydraulic PLC
    M+S Hydraulic JSC
    M+S Hidravlik AD
    M+S Hidravlik JSC

History

    September 1963 – Bulgarian machine-building company Mashinostroitelno Predpriyatie Hristo Smirnenski, based in Sofia, establishes a branch in Kazanlak, central Bulgaria.

    Feb 5, 1971 – The branch in Kazanlak, changes its name to Zavod za Remont i Proizvodstvo na Patni Mashini Boncho Shanov from Mashinostroitelno Predpriyatie Hristo Smirnenski. It specialises in the production and repair of road construction vehicles.

    Oct 1, 1972 - Zavod za Remont i Proizvodstvo na Patni Mashini Boncho Shanov is transferred to DSO Hidravlika, in Kazanlak, and concentrates on manufacturing hydraulic equipment.

    Apr 26, 1989 – State-owned company DF Hidravlika registers in Kazanlak as the legal successor of Zavod za Remont i Proizvodstvo na Patni Mashini Boncho Shanov and several other machine-building factories, with a capital of BGL 183,712,000.

    Mar 4, 1991 – Boncho Shanov company, based in Kazanlak, is established as a subsidiary of DF Hidravlika, with a capital of BGL 15,431,000.

    Sep 19, 1991 – The company transforms into a state-owned limited liability company and changes its name to M+S Hydraulic EOOD from Boncho Shanov.

    Mar 22, 1996 – M+S Hydraulic EOOD transforms into joint stock company M+S Hydraulic EAD, with a subscribed capital of BGL 260,640,000.

    1997 – Bulgaria's Privatisation Agency sells a total of 67% in M+S Hydraulic EAD to Bulgarian privatisation funds Tsentralen Privatizatsionen Fond AD (later Stara Planina Hold AD) and Industrialen Kapital AD (later Industrialen Kapital Holding AD) via mass privatisation.

    Mar 19, 1997 – The company decreases its capital to BGL 260,368,000 from BGL 260,640,000.

    Nov 20, 1998 - Bulgaria's Privatisation Agency sells 24% in M+S Hydraulic AD to management-employee buyout company M+S 97 AD for BGL 1,219,099.

    Aug 23, 1999 - Bulgaria's Privatisation Agency sells 6.1% in M+S Hydraulic AD via mass privatisation.

    Feb 27, 2004 – Bulgaria's Privatisation Agency sells 2.38% in M+S Hydraulic AD on the Bulgarian Stock Exchange.

    2004 – The company acquires 3.68% in metallurgical company Progres AD, in Stara Zagora, Bulgaria, for BGN 9,583.

    July 7, 2006 – The company carries out a capital increase to BGN 13,018,400 from BGN 260,368.

    2012 - M+S Hydraulic AD acquires the majority stake in Serbia-based hydraulic equipment manufacturer Lifam Hidravlika d.o.o.

    2015 - M+S Hydraulic AD sets up a trading subsidiary M+S Hydraulic Power Transmission GmbH in Germany.

     

    Last updated on May 23, 2019.

     

Management

Board of Directors
Evgenii Vasilev Uzunov, a representative of Loma EOOD
Chairman of the Board
Dimitar Bogomilov Tanovski
Deputy-Chairman of the Board
Ivan Velchev Velchev
Member of the Board
Vasil Georgiev Velev, a representative of Velev Invest EOOD
Member of the Board
Milko Angelov Angelov, a representative of Mang OOD
Member of the Board
Stoil Stoyanov Kolev
Member of the Board
Executive Board
Stoil Stoyanov Kolev
CEO
Milko Angelov Angelov, a representative of Mang OOD
CEO

Contacts

Address
68, Kozloduy Str.
6100
Kazanlak, Bulgaria
Telephones

+359 431 6 51 67
+359 431 6 42 71
+359 431 6 04 06

Fax

+359 431 6 41 14

Emails

msh@ms-hydraulic.com

Websites
www.ms-hydraulic.com

Ownership

Name Direct holding Indirect holding Owner type Country
Others 23.38 Other
Stara Planina Hold AD 30.61 Company Bulgaria
M+S 97 AD 23.86 Company Bulgaria
Industrialen Kapital Holding AD 22.15 Company Bulgaria

Subsidiaries and affiliates

Name Direct holding Indirect holding Country
M+S Invest EOOD 90.0 Bulgaria
Lifam Hidravlika, doo 100.0 Serbia

Products and services

M+S Hydraulic AD produces hydraulic equipment and accessories, including:

  • hydraulic motors
  • hydraulic disc brakes
  • valves for hydraulic motors
  • hydrostatic steering units
  • accessories for hydrostatic steering units.

 

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