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Alcomet AD (Bulgaria)

Main Activities: Alumina Refining and Primary Aluminum Production | Aluminum Sheet, Plate, and Foil Manufacturing
Full name: Alcomet AD Profile Updated: October 28, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Alcomet, which was established in 1981, is one of the largest manufacturer of aluminium products in Bulgaria. Its main products are extrusions and rollings made of aluminium and aluminium alloys.
In 1999, Bulgaria sold the aluminium maker to a consortium of Turkey's FAF Metal Ltd. and the local management-employee buyout Alumina Invest for USD 9.0 million. After that a 74% stake in the company was transferred to the private company Alumetal, where FAF Metal has a majority stake. Directly and indirectly, Turkey's FAF Metal controlled some 91% in the aluminium maker at the end of 2005.
The production facilities of Alcomet, which are located in the town of Shumen, span over a total area of 370,000 square meters. The production is organised into 3 divisions - casting shop, rolling mill and extrusion shop. The annual capacity of the the casting shop is 78 thousands tons, of the rolling mill 45 thousands tons and of the extrusion shop 23 thousands tons.

Headquarters
2 Vtora Industrialna Zona
Shumen; Shumen; Postal Code: 9700

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Website: http://alcomet.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:
July 24, 1991
Key Executives
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Chairman
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Chairman of the Supervisory Board
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Vice Chairman of the Supervisory Board
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Member of the Management Board
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Member of the Management Board
Ownership Details
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73.25%
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16.86%
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3.95%
Subsidiaries
Euromet Eood
100%
Company Performance
Financial values in the chart are available after Alcomet 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
-4.19%
Total operating revenue
-3.3%
Operating profit (EBIT)
N/A
EBITDA
35.6%
Net Profit (Loss) for the Period
N/A
Total assets
-3.31%
Total equity
-8.54%
Operating Profit Margin (ROS)
N/A
Net Profit Margin
N/A
Return on Equity (ROE)
N/A
Debt to Equity Ratio
9.49%
Quick Ratio
-0.15%
Cash Ratio
0.01%

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