- CEO
- Konstantin Dimitrov Shalamanov
- Sector
- Consumer non-durables
- Industry
- Household/Personal care
- Address
- Shumen Bulgaria
- IPO Date
- Aug 20, 1991
- Business
- Lavena AD is a Bulgaria-based manufacturer and distributor of cosmetics, personal care products, and natural essential oils. The company develops, produces, and commercializes an extensive portfolio of consumer personal care and hygiene products across specialized segments, including baby care products and gentle hygiene essentials under the Bebble brand; maternal and postpartum skincare formulations under the Maternea brand; intensive foot care creams, deodorants, and therapeutic treatments under the Footness brand; everyday botanical skincare and facial care products under the MyRose brand; athletic skincare and performance care solutions under the Sport Ready brand; professional barrier creams and skin recovery treatments under the Hands@Work brand; 100% pure natural lavender oil and related essential oils sourced from dedicated agricultural plantations; oral hygiene products, including toothpastes and mouthwashes; liquid soaps, shower gels, and hair care shampoos; specialized wet wipes and sanitizing products; and dietary supplements. In addition to proprietary branded product manufacturing, the company offers private label and contract manufacturing services, encompassing custom formulation research and development, laboratory testing, regulatory documentation, automated packaging, and bulk manufacturing for third-party brand owners and retail partners. Founded in 1962 and headquartered in Shumen, Bulgaria, Lavena AD distributes its products across the domestic Bulgarian market and exports to more than 40 international markets across Europe, the Middle East, Asia, and the Americas, operating production facilities certified under ISO 9001:2015, ISO 22716:2007 Good Manufacturing Practice (GMP) for cosmetics, and HACCP standards. In recent operational and corporate developments, Lavena AD has advanced continuous modernization and capacity expansion programs across its Shumen manufacturing and logistics complex, upgrading automated cosmetic production lines and expanding specialized wet wipe manufacturing capabilities. To optimize manufacturing costs and improve environmental sustainability, the company integrated an on-site photovoltaic solar power installation covering a significant portion of its operational energy needs. Furthermore, the company has broadened its international commercial reach through new export distribution partnerships, delivered consistent year-on-year revenue and net profit growth, maintained annual dividend distributions to shareholders, and initiated share buyback programs to enhance capital management.