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Kartonval D.O.O. Beograd (Serbia)

Main Activities: Paperboard Mills | Corrugated and Solid Fiber Box Manufacturing
Full name: Kartonval D.O.O. Beograd Profile Updated: June 12, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Kartonval D.O.O. is a company located in Belgrade, Serbia. It was founded in early 1998 and initially leased space within the old Sugar Factory in Šabac. In 2006, Kartonval, along with its founders Karteks Ltd. and Bobex Ltd., purchased the entire site of the ex-Sugar Factory in the industrial zone in Šabac, which covers approximately 130 hectares. Today, Kartonval operates its manufacturing facilities on this site, alongside Karteks and Bobex. Kartonval specializes in the production of corrugated board panels. The company started trial production of corrugated cardboard in Šabac on July 17, 1999, and has since experienced continuous growth in production and market share. Kartonval has positioned itself as one of the leaders in the market by investing in production, focusing on high-quality corrugated cardboard, and ensuring timely delivery. The company has also participated in a project for cleaner production under the auspices of UNIDO in December 2008. In addition to its operations in Šabac, Kartonval-Ipok in Zrenjanin is involved in the purchase and storage of corn.

Headquarters
Koste Glavinica 2
Belgrade; Belgrade; Postal Code: 11102

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Website: http://www.kartonske-kutije.rs

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:
April 06, 1998
Key Executives
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Director
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Representative
Ownership Details
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47%
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47%
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2%
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2%
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2%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency RSD. Absolute financial data is included in the purchased report.
Net sales revenue
-28.22%
Total operating revenue
-28.19%
Operating profit (EBIT)
-63.69%
EBITDA
-58.69%
Net Profit (Loss) for the Period
-63.02%
Total assets
-10.64%
Total equity
-3.83%
Operating Profit Margin (ROS)
-7.85%
Net Profit Margin
-6.56%
Return on Equity (ROE)
-21.77%
Debt to Equity Ratio
-8.18%
Quick Ratio
0.55%
Cash Ratio
-0.07%

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