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Spartak AD (Bulgaria)

Main Activities: Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing
Full name: Spartak AD Profile Updated: September 08, 2023
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Spartak AD, which was established in 1928, is a manufacturer specialised in the provision of electronics.
The firm, headquartered in the Black Sea port of Burgas, produces fans, burners and air heating equipment as well as metal products including stillages, gun cabinets and furniture legs.
In 2005, ventilation electronics accounted for approximately 30% of total company sales, while the rest of the production came from orders by western European firms.
Spartak, which exports some 75% of its production, is controlled by local Albena Invest Holding.
The holding firm, formerly a privatisation fund, acquired the stake under Bulgaria's mass privatisation programme in 1997.

Headquarters
ul. Odrin 3
Burgas; Burgas; Postal Code: 8000

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Website: http://www.spartak.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:
August 21, 1991
Key Executives
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Executive Director and Member of the Board of Directors
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Executive Director and Member of the Board of Directors
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Executive Director
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Member of the Board of Directors
Ownership Details
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40.43%
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25%
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18.96%
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10%
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1%
Company Performance
Financial values in the chart are available after Spartak 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
52.03%
Total operating revenue
45.77%
Net Profit (Loss) for the Period
104.43%
Total assets
16.82%
Total equity
24.52%
Net Profit Margin
4.41%
Return on Equity (ROE)
11.29%
Debt to Equity Ratio
-0.27%
Quick Ratio
3.38%

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