BULGARIAN CHAMBER of COMMERCE and INDUSTRY Edition 2011 the Building of Sofia Commercial and Industrial Chamber 2, Slavianska Str
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TOP COMPANIES CLASSIFIED ON: ALTERATION OF SALES REVENUE 2010 / 2009 MAXIMUM VALUE OF PROFIT IN BGN ON 100 BGN EQUITY IN 2010 MAXIMUM VALUE OF PROFIT IN BGN ON 100 BGN SALES REVENUE IN 2010 BULGARIAN COMPANIES LEADING IN THE ECONOMY IN 2010 BULGARIAN CHAMBER OF COMMERCE AND INDUSTRY Edition 2011 The building of Sofia Commercial and Industrial Chamber 2, Slavianska Str. built in 1914 The building of the BCCI Sofia, 42, Parchevich Str. Opened 1995 New building of the BCCI Sofia,9, Iskar Str. THE CLASSIFICATIONS OF THE BULGARIAN CHAMBER OF COMMERCE AND INDUSTRY TOP-100 LEADING FIRMS AND HOLDINGS IN THE ECONOMY OF BULGARIA DURING YEAR 2010 The building of Sofia Commercial and Industrial Chamber 2, Slavianska Str. built in 1914 DEAR FRIENDS AND BUSINESS PARTNERS, This year BCCI and the system of regional chambers of commerce and industry mark the 116th anniversary of their establishment. Bulgarian entrepreneurs have once again demon- strated their spirit of initiative and endurance, their creativity and diligence, like they have done so many times in our country’s newest history. Average managerial skills are no longer enough for companies to survive, and even less so to gain leading positions in the sector and region. Bulgarian economy, which until recently was considered a rather tempestuous and insecure part of the world economic ocean, has gradually become an island of stability due to the moderate and mostly predictable economic policy. For BCCI’s members that combine innova- tion with hard work, the term “crisis” does not mean a labyrinth in which to get lost, but has a stimulating and encouraging effect. As we have noted on multiple occasions, after 2008 the market economy entered a new phase of harsher conditions with reduced demand and much more severe competition, therefore more efforts will be required to achieve success than were needed immediately after the changes in 1989. For the 13th time, we present to your attention the companies leading in the economy of Bul- garia. They produce 81,5 % of the country’s Gross Domestic Product. The classifications that our analysts present to your attention illustrate the positive changes occurring in the Bulgarian economy, the successful management, the realistic assessment of the economic situation, and most importantly - how to survive and prosper in an environment of entire national economies collapsing. BCCI’s members worked even harder and often ended up earning less than before, but al- ways with plenty of ambition and perseverance. That is why they not only survived, but ranked among the best in the 2010 “Top-100”. The companies are classified according to some more dynamic criteria: “Alteration of goods and services sales revenue”; “Return on BGN 100 equity”; “Profit margin on 100 BGN sales revenue”. The prerequisite is for the companies to end the year 2010 with a profit and net sales revenue New building of the BCCI exceeding BGN 100 000 compared with the ones in 2009. Sofia,9, Iskar Str. Due to our proven matrix, monopolists that need more transparency in order not to distort the market, were once again excluded from the classification. We express our gratitude to all companies ranked in the classification and wish the others to be even more motivated to find their place and deserve leading positions in the next edition of “Top 100” when we will report the 2011 results. Tsvetan Simeonov BCCI President GReening business through the Enterprise Europe Network The GREEN project starts from the need to improve the envi- ronmental performances of small and medium-sized enterprises (SMEs) in Europe. The project supports the Enterprise Europe Network in providing basic environmental services to SMEs from the food industry and the manufacturing of building materials sec- tors. Over 310 000 companies and 4 million people are employed in these two sectors at a European level. GREEN proposes a network of local systems to coordinate Envi- ronmental Service Providers (ESP) in order to give SMEs access to free and low cost environmental services thanks also to the support of local administrations, SMEs associations and relevant value chain stakeholders. The partnership is made of experienced Chambers of Commerce and Industry (of local, regional and national levels) and technology and research centres from Italy, Romania, Greece, Bulgaria, Slo- venia, Montenegro, Serbia, Macedonia, Turkey and Croatia. Each partner will create a task force of ESPs that will support them in the technical decisions and in the methodological approach. The strategic objectives of the GREEN project are: To contribute to the improvement of environmental performances of SMEs in Europe To support the Enterprise Europe Network in tackling environmental issues in the food and construction sectors. Project duration: 2010-2012 For further information, please contact: Sabina Nikolova [email protected]; tel.: (+359 2) 8117 505 Eleonora Carnasa [email protected]; tel.: (+359 2) 8117 417 PROmotion and coordination of environmental research in Central and Eastern Europe for a sustainable Development with the support of the Enterprise Europe Network The PROCEED project is based on the uneven and unbalanced participation of EU member countries to environmental research projects financed by the EU Framework Programmes. The statistics show that the vast majority of participants come from Western European countries (Germany, Italy, United Kingdom, France and Holland). Most of the Central and Eastern European Member States have lower participation rate in the European research projects. The project is targeted to support, expand and improve the work of public and private researchers from Central and Eastern European countries. The partnership consists of 15 organizations from 12 countries. The concept of the project is to exploit the Enterprise Europe Network (EEN), an existing and efficient network of Technology Centres, Chambers of Commerce, technicians, Universities and other private and public Research Centres present in all European countries and beyond, to create a steady communication network for environmental research results and practices originating in Central and Eastern European countries. Expected outcomes: improved uptake of environmental research results new technology transfer agreements better synergies with existing networks and projects supporting the coordination of Environmental research activities in Europe better communication and better understanding of research results by policy makers improved knowledge of intellectual property issues a Social Network where EU researchers can share publications and ideas for new cooperation improved services to enterprises by the members of the Enterprise Europe Network. Project duration: 2011-2013 For further information, please contact: Sabina Nikolova [email protected]; tel.: (+359 2) 8117 505 Eleonora Carnasa [email protected]; tel.: (+359 2) 8117 417 100 COMPANIES CLASSIFIED ON ALTERATION OF SALES REVENUE 2010 / 2009 Place on line Name of company City Alteration of 2010 Sales 2010 Profit in Place of Profit on 2010 Profit in BGN Place of Profit on Branch of Alteration of Sales revenue revenue BGN on 100 BGN 100 BGN Sales on 100 BGN Equity 100 BGN Equity Sales revenue 2010/2009 (%) (Th. BGN) Sales revenue revenue (Return of Equity) 2010/2009 (Profit Margin) 1 THRACIAN CLIFFS GOLF AND SPA RESORT JSC BOZHURETS 7 699 20 121 1,60 78 1,22 94 SERVICES 2 BALGARSKA ENERGETIKA JSC SOFIA 2 222 33 620 9,59 51 23,26 59 MANAGEMENT 3 DINAMO SEVLIEVO LTD SEVLIEVO 2 011 2 364 11,04 43 97,03 12 INDUSTRY 4 BORA 2002 LTD SOFIA 1 441 3 082 30,24 11 99,36 8 SERVICES 5 EKOTEKNIKA LTD SOFIA 1 191 17 125 70,79 5 102,73 5 TRADE 6 TANDEM POPOVO LTD POPOVO 1 083 12 895 0,72 91 2,03 93 INDUSTRY 7 SVILOZA JSC SVISHTOV 925 107 979 18,55 23 46,39 38 MANAGEMENT 8 SVILOTSEL JSC SVISHTOV 911 108 329 17,99 24 88,57 17 INDUSTRY 9 ZAR.IM.EKS LTD STARA ZAGORA 876 42 891 0,46 96 50,38 33 TRADE 10 AMOREIA 16 LTD VARNA 873 2 394 0,88 88 63,64 28 TRADE 11 RED SPRINGS LTD PLOVDIV 750 9 249 1,01 84 5,36 87 TRADE 12 TRANSBAR JSC BOTEVGRAD 744 1 426 0,70 93 8,26 79 SERVICES 13 TRAKIA DASH TIDZHARET JSC STARA ZAGORA 740 6 503 4,57 61 85,10 20 TRADE 14 ATP-ATOMTOPLOPROEKT LTD SOFIA 709 30 484 3,73 65 95,79 13 SERVICES 15 REPORODUKTOR PO SVINEVADSTVO JSC KALCHEVO 393 4 046 11,34 42 8,44 78 INDUSTRY 16 KMB BULGARIA JSC SOFIA 392 151 045 0,14 99 0,35 99 TRADE 17 MILITARY PRODUCTION INTERNATIONAL JSC SOFIA 391 1 287 22,07 17 66,98 26 TRADE 18 ANONA TRADE LTD VELIKI PRESLAV 378 4 153 0,96 86 4,83 88 TRADE 19 OBEDINENI ENERGIINI TARGOVTSI LTD KAZANLAK 363 193 228 2,28 75 95,66 14 INDUSTRY 20 SUN FOODS LTD DOBRICH 360 24 774 0,03 100 50,00 34 INDUSTRY 21 ISA 2000 LTD SOFIA 359 131 730 1,50 79 40,26 43 CONSTRUCTION 22 AGROKEM LTD SMIRNENSKI 334 769 10,40 44 36,87 47 AGRICULTURE 23 ALAPIS BULGARIA LTD SOFIA 331 18 473 13,44 34 29,90 51 TRADE 24 XELAX LTD SOFIA 324 432 79,17 4 87,92 19 TRADE 25 BULMINERAL LTD VARNA 301 180 774 0,67 95 100,00 7 TRADE 26 PATISHTA I SAORAZHENIA JSC SOFIA 292 909 16,61 30 1,16 95 CONSTRUCTION 27 ELMARK INDUSTRIES JSC DOBRICH 277 11 766 2,86 71 5,95 85 INDUSTRY 28 BALGARSKA ZAHAR 2002 DOLNA MITROPOLIA 249 13 010 2,40 73 7,55 81 INDUSTRY 29 SEIDZH KONSULTANT·S JSC SOFIA 248 16 699 11,76 41 84,36 21 TRADE 30 DONIDO MASHIN INDUSTRI JSC HASKOVO 246 12 137 13,20 36 32,69 50 INDUSTRY 31 STAM TRADING JSC KARAPOLTSI 245 24 869 3,05 70 26,22 55 TRADE 32 KLAN XL LTD SOFIA 243 5 919 0,96 87 38,78 45 TRADE 33 BULMARK LTD GORNA ORIAHOVITSA 242 873 42,73 7 43,17 41 TRADE 34 SHIROKOPECHATEN