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Korado Bulgaria AD
ul. Gladston No28
Phone: +359 61614245p:+359 61614245 STRAZHITSA, 5150  Bulgaria Ticker: KBGKBG
Business Summary
Korado Bulgaria AD is a Bulgaria-based company that specializes in the production and distribution of central heating equipment. The Company produces flat panel radiators, bathroom radiators, fitting elements and solid fuel fireplaces. Korado Bulgaria AD is a subsidiary of Korado AD, which is a Czech steel radiator manufacturer. The Company exports approximately 90% of its production to Germany, Serbia, Montenegro, Bosnia and Herzegovina, Macedonia, the Czech Republic, Germany, Ukraine and the Russian Federation, among others. Korado Bulgaria AD operates a plant in the city of Strazhitsa and a number of warehouses throughout Bulgaria. As of December 31, 2011, the Company’s major shareholder was Korado A.S. with a stake of 98.2%.

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

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/202412/31/2023Yes----

Industries
SIC Code Description
3433 Heating equipment, except electric and warm air furnaces

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Supervisory Board TomashKolert 2/26/2009 2/26/2009
Chairman of the Management Board, Chief Executive Officer IrzhiRzheznichek
Member of the Supervisory Board, General Counsel Ivan A.Lyaskov 1/1/2009
5 additional Officers and Directors records available in full report.

Business Names
Business Name
4KX
KBG
Korado Bulgaria AD Strazhitsa

General Information
Outstanding Shares: 13,168,614 (As of 9/30/2024)
Stock Exchange: BUL
Fax Number: +359 61614242


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Wednesday, November 20, 2024