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IHB Electric AD
ul. Rozhen No. 41
Phone: +359 29360753p:+359 29360753 SOFIA, 1271  Bulgaria Ticker: 55E55E
On 1/15/2020, Industrial Holding Bulgaria Ad announced that its unit, IHB Electric AD, would halt operations and enter Liquidation Proceedings.
This company is no longer actively traded on any major stock exchange.
This is a Subsidiary, click here for the Parent Company
Business Summary
IHB Electric AD Sofia, formerly known as ELPROM ZEM AD Sofia, is a Bulgaria-based company, which is principally engaged in the heavy electrical equipment industry. The Company designs, produces, delivers, installs and repairs asynchronous and synchronous electric engines, synchronous brushless generators, and both horizontal and vertical hydro generators. The product portfolio of the Company includes asynchronous and synchronous hydro generators, which are designed for use in hydro power plants, as well as three-phase asynchronous, high-voltage and low-voltage electric motors. Furthermore, the Company provides additional services, including delivery of low and medium voltage cables and switchboards, among others, for pump stations, as well as delivery of electro-mechanical equipment and services for hydro power plants.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/201712/31/2016Yes----

Industries
SIC Code Description
3621 Motors and generators

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chief Executive Officer, Director Borislav E.Gavrilov 41 2/16/2016 5/9/2003
Co-Chief Executive Officer, Director Valentin K.Filipov 55 1/1/2011
Finance Director Nasya T.Aleksandrova 34 11/4/2014
6 additional Officers and Directors records available in full report.

Business Names
Business Name
55E
ELPROM ZEM AD Sofia
Elprom-ZEM AD Sofia
IHB Electric

General Information
Number of Employees: 154 (As of 9/30/2013)
Outstanding Shares: 1,203,464 (As of 9/30/2017)
Stock Exchange: BUL
Fax Number: +359 29360347


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Friday, July 21, 2023