Hramar SPLTD - Sofia - Short Company profile

Metals: Tripling of sales A strong year with rising turnover and more workers. This can be used as description of the the metalworking enterprises in 2016. So far, the most dynamic enterprise in the sector (Chimtech) grew by 136%, in the past year the top four companies almost tripled their sales, and almost all the top 20 companies increased their staff. A large number of companies produce metal structures and their success is a direct result of the strengthening of construction last year. There are also those who make components and other metal products and which depend on many other sectors. Among the clients of the companies in the branch are different industrial and commercial enterprises, which is an indicator that the growth is part of the general trend for the development of the economy. Working for the big ones Metalstroy Burgas, which designs, builds and installs steel structures for warehouses, shops, production halls, silos for agricultural production, sports facilities, etc., has the biggest growth in turnover last year. Because it performs orders according to individual customer requirements, the list of its sites is quite diverse. "We work with many customers - OMV and Eko gas stations, the producer of panels Kronospan, Lukoil and so on, and our orders are growing because we are correct," said Petko Velikov, manager and owner of the company. The company has 8,000 sq. m production plant with machines, cranes and other equipment, and its staff varies according to the orders. Last year, workers increased to 55 people. With similar growth and staff is Alumina Trimex from the village of Duben, Karlovo. The plant is engaged in the production of radiators and injection molding. The revival of construction is probably close to the three times higher sales of the third most dynamic company, the skeleton-maker and formworker Hramar. The company was not found for comment. More and bigger orders Plovdiv's sole trader Veselin Zapryanov, who is engaged in cold wire drawing, is better off with the increased demands. "We do not have new customers, but we have more orders," he said, adding: "We are working with the largest companies in Bulgaria – Metalsnab, Hus, the railways and retail. The bulk of the company's revenue for 2016 comes from the sale of galvanized soft and hard wire, the number of workers almost doubled to 132. A reference in the Commercial Register shows that since August of this year Veselin Zapryanov has already worked as a sole-owned limited liability company. The double growth of revenues last year rates Montage Building Constructions fifth among the metalworking companies and ranks among the largest small and medium-sized enterprises in the sector with sales of BGN 12.3 million. The Kazichene-based plant produces metal and prefabricated reinforced concrete structures for industrial, energy and other objects. The company has fulfilled the orders for the refinery in Burgas, Kozloduy NPP, the TPPs in the Maritsa basin, the copper company Aurubis Bulgaria, as well as for shops and sports halls. Also works on sites in Belgium and England. "We did not enter new markets last year, but we had bigger orders from our customers," explained Mariana Yordanova, Head of Finance. It was reported that increased working hours led to a cost increase of over 130%, which is also due to higher metal prices. The main owners of the enterprise are Roslin Partners Bulgaria and V-Invest Bulgaria (35%), individuals keep the remaining shares. Growing components With a gain of more than two thirds, in sixth place we find Garant from Byala Slatina. The company produces separate components such as brake and hydraulic products, spare parts and warehousing equipment, and its main customers are machine-building companies. Its better results last year are due to the increased volumes of orders. "Our growth also comes from the investments we make in machinery and equipment for which we rely entirely on our own funds, and we do not use bank loans," said Petar Petrov, Executive Director. In his words, the company has been implementing projects with European funds during the previous programming period, but has not applied for the last two years. "If next year a modernization procedure is to be opened, we are likely to participate," added Petrov. Also components, but for hunting and airguns and sports pistols, produces the tenth company in the rankings - Gabinvest. The Gabrovo-based enterprise is part of the German L&O Holding, which also includes Blaser, Sauer & Sohn, Mauser and SIG SAUER. For 2016, the company accounted for over 55% revenue growth to BGN 11.2 million, while workers increased by 20 people. This is the result of the expansion of production after the company opened a new workshop for metal components for airguns in the autumn of 2015. It is situated in rented premises of a former spinning mill and the investment in the project was BGN 4 mln. Currently, the company is building an entirely new green plant in the industrial zone of Gabrovo, for which it bought 47 decares of land. The company will have 8,000 sq m of built-up area and the investment is estimated at BGN 8 mln. Expectations are with the opening the number of workers to increase by another 50 people. The company plans to double the production area in 2021. Mobile is easier Private and government orders in the country and abroad are behind the 65%-increase in sales of Sofia's Top House. In its base at the entrance of Novi Iskar, which is located on about 20 decares, the company produces different types of containers, movable houses, mobile offices, kiosks and more. It has, for example, made all pavilions of the SDI insurance broker, which can be seen in front of the big retail chains. "We continue to work with them because they have a policy to increase their sites," said Krassimir Genkov from Top House. In his words, companies often prefer movable objects, as they are under relieved control and do not require special permits such as the permanent sites. One of the key markets of the company is Germany, where for six years there are partners who are engaged in the sale and lease of mobile offices and other sites. For example, the company supplies kiosks for Oktoberfest. It also manufactures refrigerated test cases for cars for a major European manufacturer. Last year the company implemented several large municipal contracts for the delivery of relocating houses for refugees in Germany. In Bulgaria, it also supplies Civil Protection containers for use in disasters and accidents. For two years the company has an office and a showroom in Austria, and for one year in London. There are plans for new markets as well. "We want to target the nearby countries, such as Romania," Genkov said. Good predictions For 2017, most companies in the sector are optimistic. The forecasts of Metalstroy Burgas are strong again this year, and probably the next. "Our program is 100% busy until March next year," says Petko Velikov. The growth trend is also observed in Montage Building Constructions. "We expect an increase in volumes by about 50% in 2016," said Mariana Yordanova. Garant also plans to keep the sales flat. "The volume will be the same as last year, but there will be a slight increase in profit," Petar Petrov said. For 2016, the company's profit is BGN 595 thousand. Active construction and economic revival in general are a good prerequisite for this. Investments that some of the companies do in machines and expansion of production will make growth possible.