Formoplast Plc

Formoplast Plc

BBSEBG:FORM
3.88
EUR
-0.02
(-0.51%)
No data availableFinancial data will appear here once available

Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Nazam Hikmet Aliosman
Full Time Employees
60
Sector
Process industries
Industry
Industrial specialties
Address
Kardzhali Bulgaria
IPO Date
Dec 5, 1997
Business
Formoplast Plc is a Bulgaria-based industrial manufacturing company engaged primarily in the design, engineering, and production of precision moulds, tooling equipment, and plastic injection-moulded products. Founded in 1978 and headquartered in Kardzhali, Bulgaria, the company operates across two principal business segments: Tooling Manufacture and Plastic Products Production. Through its Tooling Manufacture segment, Formoplast Plc develops, designs, and manufactures high-precision injection moulds for thermoplastics; blow moulds for hollow packaging; die-casting moulds for non-ferrous alloys; precision stamping tools; and customized technical equipment, utilizing computer-aided design and manufacturing (CAD/CAM) platforms, multi-axis CNC machining centers, and electrical discharge machining (EDM) systems. Through its Plastic Products Production segment, the company manufactures a comprehensive range of standard and custom polymer articles, including industrial plastic crates and transport containers for the food, beverage, and agricultural sectors; technical plastic components and housings for the electrical, electronics, and automotive industries; plastic bottles, closures, and custom packaging solutions; and durable consumer household goods. In addition to direct fabrication, the company provides full-lifecycle engineering support, prototype development, mold maintenance and refurbishment, precision grinding, and contract manufacturing services. Formoplast Plc distributes its products to industrial manufacturers, agricultural enterprises, packaging converters, and commercial distributors throughout Bulgaria, Southeastern Europe, and the wider European Union. In recent developments, the company has undertaken operational modernization initiatives, investing in energy-efficient, high-tonnage automated injection moulding machinery and upgraded CNC machining units to boost production capacity and component precision. In addition, Formoplast Plc has expanded its sustainable product portfolio by integrating recycled and bio-based polymers into its container manufacturing operations, strengthened its original equipment manufacturer (OEM) contract tooling alliances with European industrial partners, and optimized its internal operational structure to enhance cost competitiveness and supply chain agility.