- Sector
- Process industries
- Industry
- Containers/Packaging
- Address
- Assenovgrad Bulgaria
- IPO Date
- May 19, 1998
- Business
- Asenova Krepost AD is a Bulgaria-based manufacturer specializing in the production and commercialization of flexible polymeric packaging, barrier films, and technical woven materials. Founded in 1964 and headquartered in Asenovgrad, Bulgaria, the company operates as a subsidiary of industrial holding group Chimimport AD and distributes its products across domestic, European, and international markets. The company maintains an integrated manufacturing infrastructure encompassing polymer extrusion, high-definition flexographic printing, extrusion coating, dry and wet lamination, and automated bag conversion.
The company structures its primary product and service offerings into three core divisions: Transport Packaging, Consumer Packaging, and Agricultural Materials. Its product portfolio comprises flexible intermediate bulk containers (FIBCs or big bags) engineered for bulk chemical and mineral transport; woven polypropylene bags, including block-bottom AD*STAR valve bags; low-density polyethylene (LDPE) shrink films, stretch hoods, and protective pallet covers; polypropylene lifting slings; biaxially oriented polypropylene (BOPP) films; multilayer barrier films for industrial and retail goods; Asenoflex-branded multilayer biaxially oriented polyamide casings designed for meat and sausage processing; polyethylene films for automated form-fill-seal machine packaging; polyethylene retail, refuse, and carrier bags; UV-stabilized LDPE greenhouse films and silage covers; woven Leno-type mesh bags for agricultural produce; and polypropylene baler twines. Complementary industrial services include multi-color flexographic printing, custom polymer film lamination, precision slitting, and bespoke packaging engineering for clients in the chemical, fertilizer, construction, cement, agriculture, food and beverage, and retail sectors.
In recent company developments, Asenova Krepost AD has maintained regular servicing and financial reporting under its BGN 20 million corporate bond program (ISIN BG2100008213), supporting its capital structure and technological asset management. The company has sustained essential long-term industrial supply contracts, including framework agreements for polymeric packaging with regional heavy industrial and fertilizer manufacturers such as Neochim AD. Concurrently, Asenova Krepost AD has concentrated its operational investments on line modernization, upgrading its multi-layer extrusion and conversion machinery to enhance barrier properties, reduce material weight, and develop recyclable mono-material packaging structures in compliance with European Union packaging waste directives.