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Velbazhd AD
ul. Buzludzha No97
Phone: +359 78551320p:+359 78551320 RILA, 2500  Bulgaria Ticker: VELBVELB
Business Summary
Velbazhd AD (Velbuzhd AD or Velbujd AD) is a Bulgaria-based company engaged in the textiles industry. It produces yarns from acrylic and its blends with wool, flax, alpaca, mohair, polyamid, polyester, and viscose, among others. The Company’s product portfolio also covers weaving yarns and worsted tops. Velbazhd AD operates domestically and also exports its products to Central, Eastern and Western Europe, the Balkans and Asia. As of December 31, 2011, the Company’s major shareholder was Velbazhd Stil AD with a stake of 65.78%.

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
12/31/202312/31/2023Yes----

Industries
SIC Code Description
2281 Yarn spinning mills
2211 Broadwoven fabric mills, cotton
2241 Narrow fabric and other smallwares mills: cotton, wool, silk
2297 Nonwoven fabrics

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chief Executive Officer, Director Kamelio B.Purov
Vice Chairman of the Board Stanislav A.Milushev
Director of Investor Relations NataliyaIvanova
Independent Director BilyanaStoyanova 6/7/2020 6/7/2020

Business Names
Business Name
4V6
VELB
Velbazhd AD Kyustendil

General Information
Number of Employees: 44 (As of 9/30/2012)
Outstanding Shares: 380,319 (As of 12/31/2023)
Shareholders: 1,857
Stock Exchange: BUL
Fax Number: +359 78551321


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Friday, April 26, 2024