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Welde Bulgaria AD (Bulgaria)

Main Activities: Veneer, Plywood, and Engineered Wood Product Manufacturing
Full name: Welde 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

One of Bulgaria's largest timber processing firms Welde Bulgaria, former Lesoplast, was established in 1936. The company, based in the central town of Troyan, produces raw and filmfaced plywood and hardboard. Welde Bulgaria exports some 70% of its production. The company operates two plants abroad - in Serbia and Romania and a warehouse, located in Bulgaria`s second largest city - Plovdiv.
In July 1997, Bulgaria's Privatisation Agency sold 24.4% of Lesoplast to Austria-based joint stock company Welde for USD 1.1 million. Welde, which manufactures and trades in plywood and hardboard, acquired a majority stake in the company in 1999.

Headquarters
Velchevski district
Troyan; Lovech; Postal Code: 5600

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Website: http://welde.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:
November 15, 1989
Key Executives
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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
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Member of the Board of Directors
Ownership Details
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99.25%
Subsidiaries
Eco Furnir (Serbia)
70%
Lesoplast Cherna Voda (Romania)
50%
Welde Lessocenter OOD
20%
Company Performance
Financial values in the chart are available after Welde Bulgaria 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
23.8%
Total operating revenue
43.12%
Net Profit (Loss) for the Period
-30.75%
Total assets
29.35%
Total equity
20.54%
Net Profit Margin
-3.3%
Return on Equity (ROE)
-12.61%
Quick Ratio
0.76%
Cash Ratio
-0.01%

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