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- Kremikovtzi_AD abstract "Kremikovtzi AD (Кремиковци АД) was Bulgaria's largest metalworking company. The construction of its facilities began on 5 November 1960 and the first production capacities were put into operation in 1963 to produce cast iron and coke, with production extending to cover other areas in the 1960s and 1970s. The company was privatised in 1999, 71% of it was acquired by a Bulgarian owned company — Daru Metals (later to change its name to Finmetals Holdings). In 2005 Valentin Zahariev and Kiril Zahariev sold 100% of Finmetals Holdings for US$110 million to Global Steel Holdings Limited (GSHL), owned by Pramod Mittal, brother of the highly successful Lakshmi Mittal. Kremikovtzi is not related to the Arcelor Mittal group.The new management brought by the Global Steel Holdings Limited has embarked on an investment program aiming to increase the product quality, reduce the production costs and widen the product range. The key focus of this was the finalization of the new Continuous Caster and a new Converter; both of these were finally put in full operation in November 2006, after being under construction for more than 15 years.Most of Kremikovtzi AD's production is exported to the European Union, Turkey, some of the former Yugoslav countries, the USA and China. The profit was 120 million leva in 2003 and 80 million leva in 2004. However, bad management and other factors led to the company generating losses of more than BGN 200 million for 2005.Kremikovtzi AD acquired 70% of the LEMIND-FPL polyester-covered sheet iron factory in Leskovac, Serbia in January 2005, for €1.4 million. The company also made another acquisition in April 2005, purchasing the Llamkos galvanised sheet iron factory in Vucitrn, Kosovo for €4.15 million. Both plants were disposed of upon Kremikovtzi's takeover by GSHL. In November 2006, the debt obligations of the company were subject to extreme price volatility as speculation mounted about the depth of commitment to the business by GHSL. Pramod Mittal, the company's owner, issued a statement to reassure investors of his ongoing interest in Kremikovtzi's success; but this was not sufficient to dampen the ongoing volatility of the debt price. At the beginning of December 2006, GSHL issued another statement, this time committing to inject cash into the business on an ongoing, quarterly basis.".
- Kremikovtzi_AD foundingYear "1963".
- Kremikovtzi_AD industry Metalworking.
- Kremikovtzi_AD location Bulgaria.
- Kremikovtzi_AD location Sofia.
- Kremikovtzi_AD numberOfEmployees "6979".
- Kremikovtzi_AD product Cast_iron.
- Kremikovtzi_AD product Steel.
- Kremikovtzi_AD thumbnail Kremikovtsi-AD.jpg?width=300.
- Kremikovtzi_AD type Joint-stock_company.
- Kremikovtzi_AD wikiPageExternalLink LexUriServ.do?uri=CELEX:52008DC0511:EN:NOT.
- Kremikovtzi_AD wikiPageExternalLink LexUriServ.do?uri=CELEX:52009DC0146:EN:NOT.
- Kremikovtzi_AD wikiPageExternalLink LexUriServ.do?uri=CELEX:52010DC0125:EN:NOT.
- Kremikovtzi_AD wikiPageExternalLink kremikovci.bg.
- Kremikovtzi_AD wikiPageExternalLink www.kremikovtzi.com.
- Kremikovtzi_AD wikiPageID "4888644".
- Kremikovtzi_AD wikiPageRevisionID "582159678".
- Kremikovtzi_AD companyLogo "300".
- Kremikovtzi_AD companyName "Kremikovtzi AD".
- Kremikovtzi_AD companyType Joint-stock_company.
- Kremikovtzi_AD foundation "1963".
- Kremikovtzi_AD hasPhotoCollection Kremikovtzi_AD.
- Kremikovtzi_AD homepage www.kremikovtzi.com.
- Kremikovtzi_AD industry Metalworking.
- Kremikovtzi_AD location Bulgaria.
- Kremikovtzi_AD location Sofia.
- Kremikovtzi_AD numEmployees "6979".
- Kremikovtzi_AD products "cast iron, steel and others".
- Kremikovtzi_AD wordnet_type synset-company-noun-1.
- Kremikovtzi_AD subject Category:Steel_companies_of_Bulgaria.
- Kremikovtzi_AD type Abstraction100002137.
- Kremikovtzi_AD type Company108058098.
- Kremikovtzi_AD type Group100031264.
- Kremikovtzi_AD type Institution108053576.
- Kremikovtzi_AD type Organization108008335.
- Kremikovtzi_AD type SocialGroup107950920.
- Kremikovtzi_AD type SteelCompaniesOfBulgaria.
- Kremikovtzi_AD type SteelCompany108003839.
- Kremikovtzi_AD type YagoLegalActor.
- Kremikovtzi_AD type YagoLegalActorGeo.
- Kremikovtzi_AD type YagoPermanentlyLocatedEntity.
- Kremikovtzi_AD type Agent.
- Kremikovtzi_AD type Company.
- Kremikovtzi_AD type Organisation.
- Kremikovtzi_AD type Organization.
- Kremikovtzi_AD type Business.
- Kremikovtzi_AD type Agent.
- Kremikovtzi_AD type SocialPerson.
- Kremikovtzi_AD type Thing.
- Kremikovtzi_AD comment "Kremikovtzi AD (Кремиковци АД) was Bulgaria's largest metalworking company. The construction of its facilities began on 5 November 1960 and the first production capacities were put into operation in 1963 to produce cast iron and coke, with production extending to cover other areas in the 1960s and 1970s. The company was privatised in 1999, 71% of it was acquired by a Bulgarian owned company — Daru Metals (later to change its name to Finmetals Holdings).".
- Kremikovtzi_AD label "Kremikovtzi AD".
- Kremikovtzi_AD label "Кремиковский металлургический комбинат".
- Kremikovtzi_AD sameAs m.0csqpp.
- Kremikovtzi_AD sameAs Q6436710.
- Kremikovtzi_AD sameAs Q6436710.
- Kremikovtzi_AD sameAs Kremikovtzi_AD.
- Kremikovtzi_AD wasDerivedFrom Kremikovtzi_AD?oldid=582159678.
- Kremikovtzi_AD depiction Kremikovtsi-AD.jpg.
- Kremikovtzi_AD homepage www.kremikovtzi.com.
- Kremikovtzi_AD isPrimaryTopicOf Kremikovtzi_AD.
- Kremikovtzi_AD name "Kremikovtzi AD (Кремиковци АД)".