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COMPANY PROFILE

KEEP CLEAN FOR THE CHILDREN! PHILIPPE ROMBAUT Chairman of the Board of Directors of ECOBULPACK Executive Director of AGROPOLYCHIM JSC-Devnia

e, ECOBULPACK are dedicated to keeping clean the environment of the country we live Wand raise our children in. This is why we rely on good partnerships with the State and Municipal Authorities, as well as the responsible business managers who have supported our efforts from the very beginning of our activity. Because all together we believe in the cause: “Keep Bulgaria clean for the children!”

VIDIO VIDEV Executive Director of ECOBULPACK Executive Director of NIVA JSC-,VIDONA JSC-

t ECOBULPACK we guarantee the balance of interests between the companies releasing Apacked goods on the market, on one hand, and the companies collecting and recycling waste, on the other. Thus we manage waste throughout its course - from generation to recycling. The funds ECOBULPACK accumulates are invested in the establishment of sustainable municipal separate waste collection systems following established European models with proven efficiency.

DIMITAR ZOROV Executive Director of ECOBULPACK Owner of “PARSHEVITSA” Dairy Products

ince the establishment of the company we have relied on the principles of democracy as Swell as on an open and fair strategy. We welcome new shareholders. We offer the business an alternative in fulfilling its obligations to utilize packaged waste, while meeting national legislative requirements. We achieve shared responsibilities and reduce companies’ product- packaging fees.

MILEN DIMITROV Procurator of ECOBULPACK

s a result of our joint efforts and the professionalism of our work, we managed to turn AECOBULPACK JSC into the largest organization utilizing packaging waste, which so far have gained the confidence of more than 3 500 companies operating in the country. We work with more than 50 subcontractors throughout the country in our separate collection projects. We collect more than 4 500 tons of waste each month. We are satisfied with the achieved results; nevertheless we are aware that there is a lot that has to be done to introduce an efficient, cost-effective and widely accessible separate waste collection system.

2 he establishment of ECOBULPACK is as result of the mutual Tefforts of large scale Bulgarian enterprises.

Our organization is the leading provider of dependable, reliable and responsible compliance and waste management solutions.

ECOBULPACK guarantees the achievement of the goals of utilization and recycling of packaging waste, as well as the decrease in waste disposal on municipal landfills.

Producers and importers of packed goods, reduce their costs on product-packaging fee by participating in the ECOBULPACK system.

We are a joint stock company, which does not distribute dividends, but instead re-invests the accumulated profits into the establishment of sustainable separate waste collection systems.

Our team creates and maintains efficiency in the process of managing packaging waste from the industry, commercial facilities, as well as the Bulgarian households through collection, sorting and recycling.

This facilitates our business partners and provides protection for the environment.

Our strategy is a combination of multiple public awareness programs, informing the Bulgarian people about all matters of separate collection and the utilization of packaging waste.

Our strategy is of national and regional magnitude. It makes central and local authorities as well as non governmental organizations sympathize to our mission. We help schoolchildren get introduced to the process of separate collection, recycling and environmental protection in an attractive way.

Keep Bulgaria clean for the children! ” “ 3 Ecobulpack Shareholders

AGROPOLICHIM JSC - INTER BUSINESS 91 LTD - RUBELLA BEAUTY JSC - AGROSTAR JSC - Sofia IPR LTD - SAKARELA LTD - Yambol ALMED - IRI TRADE JSC - Sofia SATKO LTD - Yambol AROMA JSC - Sofia ISD Interseroh Dienstleistungs GmbH - Köln SAVIMEX LTD - BC GORNA BANIA LTD - Sofia JOSI LTD - Sofia SILVIA 7 LTD - BELPAK LTD - Sofia KABAK - R.R LTD - Ruse SIMID 1000 - Plovdiv BI SI SI HANDEL LTD - V. Tarnovo KARDINAL МА - Marin Airyanov - Yambol SIS-INDUSTRIES LTD - Sofia BILD INVEST KORP JSC - Sofia KARIL AND TANIA LTD - Yambol SLUNCHEV DAR JSC - Varna BILDKOM LTD- Sofia KENAR LTD - Sofia SOPHARMA JSC - Sofia BISER OLIVA JSC - KONSUL LTD - Sofia SORTOVI SEMENA JSC - v. Vardim BOLIARKA VT JSC - V. Tarnovo KRISTERA JSC - Popovo SPECTER KOMS LTD - BULGARIAN YOGHURT LTD - v. Vesselinovo KRESMETAL LTD - Varna SUN FOODS LTD - BULHART LTD - KО AND КО LTD - Yambol TANDEM-V LTD - Sofia BULPAP JSC - Sofia LACKPROM JSC - Sofia TDG LTD - Sofia CANTEK-BOROV & CO - Sofia LOMSKO PIVO JSC - Lom TERRACHIM 97 JSC - DEMAX JSC - Sofia LOVICO LOZARI JSC - TOMIL PRODUCT LTD - DIANA KOMERS - 1 LTD - Yambol MAYR MELNHOF NIKOPOL JSC - Nikopol TOPAZ MEL LTD - Sofia DIANOPOLIS LTD - Yambol MEGAPORT LTD - V. Tarnovo TPK HISAR BC - Sofia DIMITAR HRISTOV – NETI - METALPLAST BG LTD - TPK MIHALKOVO - Mihalkovo DOMAINE BOYAR JSC - Sofia MКМ-BG GROUP LTD - Burgas TRADE EXIM LTD - Sofia DRUJBA GLASS WORKS SA - Sofia NANKOV LTD - TRAKIA IMPEX LTD - DUNAV – 57 JSC - NEOHIM JSC - Dimitrovgrad TRIVER LTD - Gabrovo DVL-SLATINA LTD - Sofia NEW OIL JSC - Sofia TZERERA-98 LTD- Stara Zagora ECOPLAST 2002 LTD - Yambol NIDEX LTD - Gotse Delchev UNITRADE 2002 LTD - Sofia ECORECYCLE LTD - Sofia NIVA JSC - Kostinbrod VAROSHA LTD - Sofia EKOBULPLAST LTD - Kyustendil NOVEKO LTD - Sofia VECHIL 1 LTD - Yambol ENESI JSC - Yambol OLINEZA LTD - Sofia VIDKOM JSC - Yambol ERA ELITE LTD - Sevlievo OLIVA JSC - VIDONA JSC - Yambol ESPACE LTD - Sofia PAPAS MEL JSC - Yambol VINEX PRESLAV JSC - FENIX INVERS LTD - PAPAS-OLIO JSC - Yambol VINEX SLAVIANTZI JSC - Slavyanci FMA JSC - Тargovishte PARVI MAI JSC - Silistra VINPROM JSC - Peshtera FOLEX LTD - Sofia PFANNER BULGARIA LTD - Belovo ZAHARNI ZAVODI JSC - G. Oryahovitsa GORTRADING LTD - Pazardzhik LTD - ZARNENI HRANI - 99 - Yambol GRADUS-1 LTD - PRIZMA МТА LTD - Yambol ZOROV 91 - D. ZOROV - Vratsa HLIAB I HLEBNI IZDELIA LTD - RMZ ILIANTZI LTD - Sofia ZOROV 97 LTD - Vratsa HLIAB I HLEBNI IZDELIA LTD - ROSA JSC - Popovo ZVEZDA JSC - D. Mitropolia IMPORT POLIMERS LTD - Sofia ROTOPRES JSC - Sofia

4 Ecobulpack – partner of the companies marketing packaged goods

cobulpack is a national packaging waste recovery organization. Ecobulpack works in compliance with the EWaste Management Act, fulfilling the obligations of companies commercializing packaged goods.

Ecobulpack performs the duties of the companies as follows:

 by implementing separate packaging waste collection systems;  by building its own separating installations;  by contracting recycling enterprises.

Ecobulpack guarantees the lowest possible risk in the fulfillment of waste recovery target rates.

Stability: • guaranteed income from more than 3500 firms from all economic sectors; • contracts with 56 waste collecting and recycling enterprises; • contratcts with more than 80 municipalities.

Predictability: • investments in capital assets guarantee a low dependence on subcontractors.

Transparency of management

Ecobulpack – close to their clients:

 main office in Sofia and developed regional network (Pazardjik, Yambol, , Russe, Vratza)  electronic internet-based system for reporting the amount of packaging on the market;  the only organization that welcomes new shareholders.

Keep Bulgaria clean for the children! ” “ 5 ccording to the Waste Management Act and the relevant European Directives, the following 3 criteria are Aconsidered for the evaluation of Ecobulpack’s target results:

I. Quantities of collected and utilized packaging waste. II. Population using the system (Covered residents) III. Investments.

I. Recovered quantities

n 2007, Ecobulpack’s clients released a total quantity of 109 400 tons of packaging materials on the market. IThe national recycling target rate of 39% makes Ecobulpack responsible for the recovery of 42 666 tons. However, Ecobulpack exceeded the target by collecting and recovering 54 237 tons of packaging waste.

Total quantity of collected and recovered packaging waste.

54 237 60 000 46 965

50 000 Year Packaging Recycling Utilized released on the Goal waste 29 103 40 000 market 30 000 (т) (%) (т) (т) 2004 45 500 20% 9 100 9 128 20 000 9 128 2005 96 700 25% 24 175 29 103 10 000 2006 105 000 35% 36 750 46 965 2007 109 400 39% 42 666 54 237 0

2004 2005 2006 2007

6 Quantity of collected and utilized packaging waste by type

50 000 33 808 40 000 24 534 30 000 19 909 10 082 8 820 4 000 9 612 20 000 6 255 2 803 7 217 3 000 3 130 3 390 10 000 1 510 850 513

0 Paper Plastics Metal Glass

2004 2005 2006 2007

Year Paper Plastics Metal Glass Total (т) (т) (т) (т) (т) 2004 6 255 1 510 850 513 9 128 2005 19 909 2 803 3 000 3 390 29 102 2006 24 534 8 820 4 000 9 612 46 966

2007 33 808 7 217 3 130 10 082 54 237

II. Population served

n 2007, the total population serviced by Ecobulpack’s systems for separate packaging waste collection was I1 810 149 people, which exceeded the planned target of 1 715 400 people. The total population served has thus increased over four times since the company started its operations four years ago.

In 2007, Ecobulpack exceeded also its targets for the network density of separate waste collection containers. The company provided 17 290 containers which makes more than twice the initial target of 7 048 containers .

Keep Bulgaria clean for the children! ” “ 7 Population using the system

1 810 149 2 500 000 Year Population 2 000 000 (resident) 1 500 000 784 000 2005 431 500 1 000 000 431 500 2006 784 000 2007 1 810 149 500 000

0 2005 2006 2007 III. Investments

n 2007, Ecobulpack invested BGN 10 258 099 in separate waste collection systems. The funds were invested for Ithe purchase of containers, specialized devices , machinery and equipment, building of stations and waste sorting installations. This amount of investments exceeds by BGN 3 mln the investments made in 2006.

Such waste sorting installations operate in , Gabrovo, Pazardjik and Russe.

In May 2008, in Sofia, the company started the operation of the first installation in Bulgaria for reprocessing of packaging material of glass, plastics and paper. The investment made for the construction exceeded BGN 10 mln by the end of 2008, such installations are planned to begin operation in Targovishte, Yambol and Plovdiv.

Investments 10 258 099

9 000 000 Year Investments 8 000 000 7 166 640 7 000 000 (BGN) 6 000 000 2004 55 444 5 000 000 2005 238 983 4 000 000 2006 7 166 640 3 000 000 2007 10 258 099 2 000 000 55 444 238 983 1 000 000 0 2004 2005 2006 2007

8 Ecobulpack – separate waste collection systems

District of District of Silistra Slivo Sitovo pole Glavnitsa Ruse General Dulovo Toshevo Nikopol District of Byala District of Мontana Dobrich District of Schabla District of Tsenovo District of Balchik Shumen Polski Borovo District of Trambesh St.St. Wratsa Avren К. и El. Suhindol Gorna Lovech Oryahovitsa Popovo Shumen Devnya Sevlievo Targovishte Novi Vetrino Dragoman District of pazar Provadiya District of Kostinbrod Veliko Lovech Gabrovo Tarnovo Byala District of Sofia Gabrovo District of Sliven Sopot Sliven Pavel District of Banya Aitos Pernik Nowa Kaloyanovo Yambol Sredets District of Zagora Kyustendil District of District of Plovdiv Stara Zagora Nevestino Belovo Burgas Pazardzhik Rodopi District of District of Yambol Plovdiv District of Pazardzhik District of Laki District of District of Haskovo LEGEND District of Waste sorting installation District

District of Blagoevgrad: Petrich; District of Burgas: Aitos, Каmeno, Каrnobat, Nessebar, Sredetz, , Tzarevo; District of Varna: Аvren, Beloslav, Byala, Vetrino, Devnya, Dolni Chiflik, Dalgopol, , St. Konstantin , Suvorovo; District of Veliko Turnovo: Gorna Oriahovitza, Pavlikeni, , Svishtov, Suhindol; District of Gabrovo: Gabrovo, Drianovo, Sevlievo, Triavna; District of Dobrich: Аlbena, Balchik, , ; District of Kyustendil: Nevestino; District of Lovech: Lovech; District of Pazardjik: Belovo, Velingrad, Pazardjik; District of Pernik: Zemen, Pernik; District of Pleven: Belene, Nikopol; District of Plovdiv: Каloyanovo, Кrichim, Luki, Maritza, Plovdiv, Rakovski, Rodopi, Sadovo, Sopot; District of Razgrad: Zavet; District of Russe: Borovo, Byala, Vetovo, Ivanovo, Russe, , Tzenovo; District of Silistra: Alfatar, Glavinitza, Dulovo, Sitovo, Тutrakan; District of Sliven: , Sliven; City of Sofia:Region of , region of , region of Nadesjda, region of Vazrajdane, region of Izgrev, region of Slatina, region of , region of , region of Lozenetz, region of Ilinden; District of Sofia: Godech, Dragoman, Ihtiman, Slivnitza, Коstinbrod; District of Stara Zagora: ; District of Targovishte: Аntonovo, Оmurtag, Оpaka, Popovo, Тargovishte; District of Shumen: Каspichan, , Smiadovo, Shumen; District of Haskovo: Svilengrad, Simeonovgrad; District of Yambol: Straldja, Yambol.

Keep Bulgaria clean for the children! ” “ 9 Ecobulpack invests in waste sorting installations

cobulpack builds its own installations for preliminary Etreatment of packaging waste:

 In 2006, the first waste sorting installation was put into operation in Sliven.  On 17 July 2007, the second waste sorting installation was commissioned in Gabrovo.  In the beginning of 2008, such installations started operation in Russe and Pazardjik.  On 15 May 2008, a plant for processing of glass, plastic and paper packaging waste started operation in Sofia.  In 2008 Ecobulpack has built another 3 installations in Targovishte, Plovdiv and Yambol.

• The waste sorting installations are built in accordance with all normative regulations. • Hoisting and hauling devices, machinery and equipment are provided. • Safe labor conditions are ensured.

10 Waste glass sorting and recycling installation

cobulpack established the first waste glass sorting and Erecycling installation in Bulgaria and on the Balkan Peninsula, situated on the territory of the Sofia municipality.

 The main part of the equipment was delivered by the Austrian company BINDER+CO, which is a technological leader in the field of sorting installations in .  The capacity of the installations is 40 000 tons per year.  The installation allows for the separation of the glass packaging from impurities such as porcelain, ceramics, organics, metal, and others.  The installation has the option of sorting the glass by colour.

The purity of the final product is over 99,9999%, which is equal to 100g impurities per ton.

Keep Bulgaria clean for the children! ” “ 11 ЕCOBULPACK – NATIONAL PACKAGING WASTE RECOVERY ORGANIZATION

Your business/ Ecobulpack’s Successful Your packaging waste + optimized taxes = Partnership

The fastest track ahead!

Tеl.: 02 / 434 16 12, 434 16 10, Fax: 02 / 920 06 98, [email protected], www.ecobulpack.com ©2008 design, prepress and print by TDG – tdg-bg.com by and print ©2008 design, prepress