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Elkabel AD (Bulgaria)

Main Activities: Communication and Energy Wire and Cable Manufacturing
Full name: Elkabel AD Profile Updated: December 17, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

One of Bulgaria's leading cable and wire producers Elkabel AD, which was established in 1947, is based in the Black Sea port of Burgas. The firm's product range features power cables, telecommunications cables, flexible cables, conductors and bare stranded conductors. It operates retail stores in Sofia, Plovdiv and Burgas.
Elkabel was the first company in Bulgaria to be privatised through the local stock exchange in 1998. In June 2004, local industrial conglomerate MG Corporation sold its 90% stake in Elkabel to Turkish businessman Fuat Guven for EUR 4.9 million.

Headquarters
15 Odrin Str.
Burgas; Burgas; Postal Code: 8000

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Website: http://www.elkabel.bg

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:
September 20, 1991
Key Executives
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Executive Director and Member of the Management Board
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Executive Director and Member of the Management Board
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Executive Director and Member of the Management Board
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Member of the Management Board
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Member of the Supervisory Board
Ownership Details
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98.57%
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0.01%
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Subsidiaries
Elcabel Co. EOOD
100%
Elcabel Cyprus Ltd. (Cyprus)
100%
Company Performance
Financial values in the chart are available after Elkabel 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
42.99%
Total operating revenue
44.77%
Net Profit (Loss) for the Period
299.79%
Total assets
9.87%
Total equity
12.45%
Net Profit Margin
3.11%
Return on Equity (ROE)
7.96%
Quick Ratio
0.25%
Cash Ratio
0.07%

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