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Asenova Krepost AD (Bulgaria)

Main Activities: Plastics Bag and Pouch Manufacturing | Plastics Packaging Film and Sheet (including Laminated) Manufacturing
Full name: Asenova Krepost AD Profile Updated: August 24, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Plastic packaging manufacturer Asenova Krepost, which was set up in 1964, is one of the biggest suppliers of plastic packaging for Bulgaria's fertiliser, cement, agriculture and food industries.
In August 1996, Bulgaria's Privatisation Agency sold 56% of Asenova Krepost to local company Inplastrade for USD 10.5 million. Under the deal 50% of the price was paid in cash and the remaining 50% was to be paid in government bonds. The buyer also pledged to invest USD 1.41 million in the plant in a five-year period. In June 1997, the sell-off agency revised down the sale price for the 56% stake to USD 7.33 million.
The factory, based in the southern town of Asenovgrad, manufactures a wide range of plastic packaging products, including polyethylene film, plastic bags, small plastic containers, nylon sleeve designed for the packaging of sausages.

Headquarters
2 Ivan Vazov str.
Asenovgrad; Plovdiv; Postal Code: 4230

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Website: http://www.asenova-krepost.com/

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
August 12, 1991
Key Executives
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Chairman
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Chief Executive Officer
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Chief Executive Officer
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Member of the Management Board
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Member of the Management Board
Ownership Details
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55.12%
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1.72%
Subsidiaries
Ak Plastik Ltd
100%
Ascella Ad
51.39%
Company Performance
Financial values in the chart are available after Asenova Krepost AD report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency BGN. Absolute financial data is included in the purchased report.
Net sales revenue
-6.52%
Total operating revenue
-9.42%
Operating profit (EBIT)
N/A
EBITDA
19.67%
Net Profit (Loss) for the Period
185.71%
Total assets
-1.63%
Total equity
0.14%
Operating Profit Margin (ROS)
N/A
Net Profit Margin
1.52%
Return on Equity (ROE)
0.17%
Debt to Equity Ratio
-0.34%
Quick Ratio
1.93%
Cash Ratio
0.02%

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