TEC Maritsa 3 AD
BBSEBG:MR369.00
EUR
0.00
(0.00%)
ISIN
BG1100034021
Return %
Stock
S&P 500
1Y
-0.04
14.20
3Y
-0.04
81.12
5Y
-0.04
68.34
Capital Structure
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Ilian Dimitrov Pavlov
- Sector
- Utilities
- Industry
- Electric utilities
- Address
- Dimitrovgrad Bulgaria
- IPO Date
- Apr 21, 2003
- Website
- tec-marica3.com
- Similar Companies
- Business
- TEC Maritsa 3 AD is a Bulgaria-based independent power producer and utility company primarily engaged in thermal electricity generation and heat energy production. Founded in 1951 and headquartered in Dimitrovgrad, Bulgaria, the company operates the Maritsa 3 thermal power station featuring an installed electrical capacity of 120 megawatts. Its core portfolio of products and services comprises the generation and wholesale supply of electricity to the national transmission grid and the Independent Bulgarian Energy Exchange (IBEX); the production and supply of thermal energy, including high- and low-pressure industrial steam and municipal district heating; the provision of ancillary grid balancing, frequency regulation, and cold reserve capacity to the Bulgarian Electricity System Operator (ESO EAD); and the engineering, maintenance, and management of specialized thermal power facilities, coal-handling systems, steam generators, and ash storage operations. The company caters to wholesale electricity traders, industrial end-users, and regional distribution networks across Bulgaria. In recent developments, TEC Maritsa 3 AD has implemented major operational upgrades and technical overhauls of its flue gas desulphurization (FGD) systems and electrostatic precipitators to ensure strict alignment with European Union Industrial Emissions Directives and Best Available Techniques (BAT) environmental thresholds. Additionally, amid evolving decarbonization policies and European Union Emissions Trading System (EU ETS) compliance requirements, the company has initiated strategic transition programs focused on fuel diversification, including the integration of biomass co-firing and feasibility studies for natural gas utilization to optimize energy efficiency and secure long-term generation sustainability.