Herti AD Shumen
BBSEBG:HERT2.50
EUR
+1.05
(+72.17%)
ISIN
BG1100061073
Return %
Stock
S&P 500
1Y
94.03
14.20
3Y
94.03
81.12
5Y
259.53
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Zahari Ganev Zahariev
- Sector
- Process industries
- Industry
- Containers/Packaging
- Address
- Shumen Bulgaria
- IPO Date
- Jul 9, 2008
- Website
- herti.bg
- Similar Companies
- Business
- Herti AD is a Bulgaria-based manufacturer and distributor of closure systems and packaging solutions for the wine, spirits, non-alcoholic beverage, edible oil, and pharmaceutical industries. Founded in 1993 and headquartered in Shumen, Bulgaria, the company is publicly traded on the Bulgarian Stock Exchange under the ticker symbol HERT. Herti AD operates integrated manufacturing facilities that produce more than two billion closures annually, servicing commercial bottlers, wineries, distilleries, and packaging distributors across more than sixty countries globally. The company's primary business activities encompass the design, manufacturing, decoration, and distribution of closure products across several core categories: aluminum closures, including standard screw caps (HSC), deep-drawn closures (HDDC), and extra-long closures (HXLC) designed for premium spirits and wines, commercialized prominently under the Vinstar trademark; composite closures, featuring the Dorado and Pluto product series equipped with tamper-evident safety rings, non-refillable pourer inserts, and anti-counterfeiting valve mechanisms; plastic closures and technical articles, covering standard PCO formats, push-pull caps, and specialized dispensers for mineral waters, carbonated beverages, liquid food products, and pharmaceutical syrups; metal decoration and processing services, including aluminum sheet lacquering, multi-color offset printing, top and side hot-foil stamping, embossing, and custom branding; and precision tooling, machine maintenance, and CNC metal processing through its specialized engineering subsidiary, Tihert EAD. Herti AD conducts worldwide commercial operations through an established distribution network and dedicated foreign subsidiaries, including Herti UK Ltd in the United Kingdom, Herti France SARL in France, Herti Germany GmbH in Germany, Herti Romania SRL in Romania, Herti US Inc in the United States, and Herti South America SpA in Chile. In recent corporate and operational developments, Herti AD has expanded its direct global footprint by establishing and registering a wholly-owned subsidiary, Herti South America, headquartered in Santiago, Chile, to accelerate distribution and customer support across Latin American wine and beverage markets. Operationally, the company has enhanced its manufacturing standards and sustainability framework by obtaining ISO 14001 environmental management and ISO 45001 occupational health and safety certifications. In addition, Herti AD has implemented modernization and cost-optimization programs across its production facilities in Shumen, investing in automated manufacturing lines and energy-efficiency measures that reduce raw material consumption, expand total production capacity, and support improved operational profitability.