Hydraulic Elements & Systems (HES), established in June 1968, is a public joint-stock company based in the southeastern town of Yambol.
The product list of the company features piston hydraulic cylinders, plunger hydraulic cylinders, telescopic hydraulic cylinders and precise rotary parts.
A total of 67% of HES was sold under Bulgaria's voucher privatisation programme in 1996, some 6.5% were sold to employees at preferential prices and 3.0% was used to cover restitution claims. In March 1999, Bulgaria's privatisation agency sold a 23.4% stake in HES to the management-employee buyout company Hidravlika 98 for USD 737,000.
HES exports more than 90% of its production abroad. Among the major clients of the company are Palfinger, Penta, Farmtrac, Stertil and Gallignani.
Headquarters
1 Pirin Str.
Yambol; Yambol;
Postal Code: 8600
Contact Details: Purchase the HES AD report to view the information.
Website: http://www.hes-co.com
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