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Ceratizit Bulgaria AD (Bulgaria)

Main Activities: Cutlery and Handtool Manufacturing
Full name: Ceratizit Bulgaria AD Profile Updated: September 08, 2023
Buy our report for this company USD 19.99 Most recent financial data: 2022 Available in: English Download a sample report

CERATIZIT Bulgaria is a fully-owned subsidiary of Luxembourg-based CERATIZIT GmbH, one of the world's biggest hard-metal suppliers. CERATIZIT is a legal successor of Bulgaria's machine tool maker Instrument, which is based in the central town of Gabrovo.
In July 1996, Bulgaria's Privatisation Agency sold 75% of Instrument to Austria's Planzee Tizit GmbH for DEM 6.0 million. The new owner pledged to invest DEM 1.5 million in the plant, which also produced measurement equipment and woodworking machines, in the next three years. Of the remaining 25% of Instrument, 20% were offered to employees at a preferential price and 5.0% was kept for covering property claims by former pre-communist owners. The company was renamed into CERATIZIT Bulgaria after the December 2002 merger between Plansee Tizit and Luxembourg-based Cerametal.

Headquarters
157 Stoletov Blvd.
Gabrovo; Gabrovo; Postal Code: 5301

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Website: http://www.ceratizit.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 05, 1993
Key Executives
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Executive Director and Member of the Board of Directors
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Member of the Board of Directors
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Member of the Board of Directors
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Member of the Board of Directors
Ownership Details
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99.87%
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0.04%
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0.01%
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Company Performance
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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
22.78%
Total operating revenue
26.35%
Net Profit (Loss) for the Period
26.15%
Total assets
30.54%
Total equity
6.51%
Net Profit Margin
0.1%
Return on Equity (ROE)
0.95%
Quick Ratio
0.39%

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