Bulgarian cigarette filter and packaging producer Yuri Gagarin BT was established in 1964 as part of state-owned tobacco monopoly Bulgartabac. It was transformed into a unit of the state tobacco firm in November 1993 when Bulgartabac was split into a holding structure with 22 subsidiaries. Its product range features cigarette filters, paper boxes, tobacco manufacturing equipment and facilities as well as printing of box labels. Yuri Gagarin BT serves mainly the cigarette-making subsidiaries of Bulgartabac Holding – 85% of its 2005 revenue came from deals within the group.
In October 2006, Sofia-based trade firm Baranko EOOD, fully-owned by Cyprus-based Baranko Co. Limited, acquired a 67% stake in Yuri Gagarin BT for EUR 14.1 million on the local stock exchange. A week after acquiring control of Yuri Gagarin BT, Baranko sold an 18% stake in the company to newly-registered local firm Comso Tobacco for EUR 3.78 million.
On May 8, 2009 the shareholders changed the name of the company to Yuri Gagarin AD.
Yuri Gagarin AD operates 26,000 square meters manufacturing and administration facilities, located in the industrial zone of Plovdiv.
Headquarters
1 Rogoshko Shose Str.
Plovdiv; Plovdiv;
Postal Code: 4003
Contact Details: Purchase the Yuri Gagarin AD report to view the information.
Website: http://www.gagarin.eu/
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