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Varna Traks AD (formerly known as Elektroterm AD)

Summary

Company ID (NIN)

103060199

Company owner / manager

  • Biznes Tsentar Izgrev EOOD
  • Individual
  • Other

Country

Bulgaria

Capital

2,620,000

Total assets

9,995,000

Net profit for the period

21,000

Report year

2016

Currency

BGN

Industry

Electrical Components/Equipment

Southeastern Europe Company Index (SEECI)

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General information

About Varna Traks AD (formerly known as Elektroterm AD)

Varna Traks AD is a Bulgarian heaters producer, which specialises in the production of cast iron heating plates, tube and quartz electric heaters for stoves, washing machines, boilers, radiators and small electric home appliances.

 

Last updated on Sept 14, 2017.

Meta info
Status
Active
Legal form
Joint Stock Company
Incorporation date
July 1, 1990
NIN
103060199
Tickers
Stock Exchange
ISIN
Profile last updated
Sept. 14, 2017, 10:52 a.m.
Alternative names

    Varna Traks JSC;

History

    July 1, 1990 - Elektroterm is established in Varna, northeastern Bulgaria.

    Sept 17, 1999 - Elektroterm increases its subscribed capital to BGN 120,000 from BGN 50,000.

    Aug 9, 2000 – Elektroterm AD delists from the Bulgarian Stock Exchange (stock symbol: ETER).

    Jan 24, 2015 - The company changes its name to Varna Traks AD from Elektroterm AD.

     

    Last updated on Sept 14, 2017.

Management

Executive Board
Kostadin Simeonov Dimitrov
CEO
Board of Directors
Yanka Yordanova Pencheva
Chairman of the Board
Kostadin Simeonov Dimitrov
Member of the Board
Genoveva Tsvetkova Donkova
Member of the Board

Contacts

Address
277, Vladislav Varnenchik Blvd.
9009
Varna, Bulgaria
Telephones

+359 52 502 334

Fax

+359 52 511 182

Emails

elektroterm@ssi.bg

Websites
N/A

Ownership

Name Direct holding Indirect holding Owner type Country
Biznes Tsentar Izgrev EOOD 75.27 Company Bulgaria
Individual 11.57 Individual
Other 13.16 Other

Subsidiaries and affiliates

Name Direct holding Indirect holding Country
Orka EOOD 100.0 Bulgaria

Products and services

Varna Traks AD produces:

  • cast iron heating plates;
  • tube and quartz electric heaters for stoves, washing machines, boilers, radiators and other appliances;
  • small home electric appliances;
  • renting commercial areas.

 

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