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Overgas Inc. АD

Summary

Company ID (NIN)

040845618

Company owner / manager

  • Overgaz Holding AD
  • OAO Gazprom
  • OOO Gazprom Export

Country

Bulgaria

Capital

50,000,000

Total assets

400,750,000

Net loss for the period

15,956,000

Report year

2018

Currency

BGN

Industry

Power & Gas Distribution

Southeastern Europe Company Index (SEECI)

What is SEECI?

General information

About Overgas Inc. АD

Overgas Inc. АD is a Bulgarian retailer of natural gas and special equipment.

The company owns 10 out of the 62 gas distribution licences in the country and provides gas to 240,000 households.

 

Last updated on Oct 24, 2018.

Meta info
Status
Active
Legal form
Joint Stock Company
Incorporation date
Nov. 24, 1992
NIN
040845618
Tickers
Stock Exchange
ISIN
Profile last updated
Oct. 24, 2018, 10:43 p.m.
Alternative names

    Overgas Inc. JSC

History

    Nov 24, 1992 - Overgas Inc. is established as a joint stock company with a subscribed capital of BGL 1.0 mln.

    1995 – The company increases its subscribed capital to BGL 44 mln from BGL 22 mln.

    1996 – It raises its subscribed capital to BGL 150 mln from BGL 44 mln.

    Nov 11, 1997 – It increases its subscribed capital to BGL 490 mln from BGL 150 mln.

    Apr 25, 2001 – Overgas Inc. establishes a subsidiary named Sofiagas EAD, which supplies natural gas in the Bulgarian capital Sofia.

    Feb 26, 2003 – The company issues corporate bonds with a nominal value of BGN 20 mln, maturing on February 26, 2008. (stock symbol: BOVERG).

    Sept 14, 2005 – It is granted a 35-year gas distribution licence for the Dunav region by the State Energy and Water Regulatory Commission.

    Feb 11, 2008 - The company increases its capital to BGN 50 mln from BGN 490,000.

    February 2009 - The company's subsidiaries Hebrosgas AD and Gazosnabdiavane Parvomay AD merge with Gazosnabdiavane Asenovgrad AD. Gazosnabdiavane Asenovgrad AD renames into Overgas Yug AD.

    March 2009 - The company's subsidiary Velbazhdgas AD renames into Overgas Zapad AD.

    April 2009 - The company's subsidiary Burgasgas AD renames into Overgas Iztok AD.

    June 15, 2009 - The company's subsidiary Karnobatgas 97 AD is liquidated.

    July 14, 2009 - The company's subsidiary Dunavgas EAD renames into Overgas Sever EAD.

    Sep 21, 2009 - The company's subsidiaries Kozhuhgas AD, Montanagas AD, and Gazosnabdiavane Vratsa EAD merge into Overgas Zapad AD.

    December 2009 - The company's subsidiaries Gazosnabdiavane Sliven AD and Nesi 07 AD decide to liquidate themselves.

    Feb 5, 2010 - The company's subsidiaries Varnagas AD and Gazosnabdiavane Novi Pazar AD merge into Overgas Iztok AD.

    Apr 24, 2015 - Overgas Inc. АD merges its subisdiaries Overgas Zapad AD, Overgas Yug AD, Overgas Iztok AD and Overgas Sever EAD into Sofiagas EAD and renames Sofiagas EAD to Overgas Mrezhi AD.

     

    Last updated on Oct 24, 2018.

Management

Board of Directors
Elena Evgenievna Karpel
Member of the Board
Pavel Valerievich Oderov
Member of the Board
Alexander Ivanovich Medvedev
Chairman of the Board
Sasho Georgiev Donchev
Member of the Board
Andrey Vyacheslavovich Kruglov
Member of the Board
Georgi Kirilov Nikolov
Member of the Board
Emiliya Decheva Georgieva
Member of the Board
Svetoslav Rashev Ivanov
Member of the Board
Executive Board
Sasho Georgiev Donchev
CEO
Svetoslav Rashev Ivanov
Executive Officer
Anna Preshelkova
CFO

Contacts

Address
5, Filip Kutev Str.
1407
Sofia, Bulgaria
Telephones

+359 2 428 3220
+359 7 001 1110

Fax

+359 2 962 1724

Emails

administration@overgas.bg
gas@overgas.bg

Websites
www.overgas.bg

Ownership

Name Direct holding Indirect holding Owner type Country
Overgaz Holding AD 50.0 Company Bulgaria
OAO Gazprom 0.49 Company Russia
OOO Gazprom Export 49.51 Company Russia

Subsidiaries and affiliates

Name Direct holding Indirect holding Country
Overgas CNG AD 60.0 Bulgaria
Gaztek BG AD 25.0 Bulgaria
Overgas Service AD 95.25 Bulgaria
Overgas Mrezhi AD 100.0 Bulgaria

Products and services

Overgas Inc. AD is engaged in:

  • analysis, assessment, development and management of gas projects
  • construction of gas pipelines, gas distribution networks and installations
  • construction of heat and power engineering systems for natural gas
  • maintenance of gas distribution networks and installations
  • supply, distribution and sale of natural gas.

Overgas also sells gas equipment.

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