ODESSOS Shiprepair Yard S.A.
BBSEBG:ODES85.00
EUR
-8.00
(-8.60%)
ISIN
BG11KOVABT17
Return %
Stock
S&P 500
1Y
-50.81
14.20
3Y
-44.21
81.12
5Y
33.00
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
- Dimitar Ivanov Todorov
- Full Time Employees
- 837
- Sector
- Producer manufacturing
- Industry
- Trucks/Construction/Farm machinery
- Address
- Varna Bulgaria
- IPO Date
- May 19, 1998
- Website
- odessos-yard.bg
- Similar Companies
- Business
- ODESSOS Shiprepair Yard S.A. is a Bulgaria-based marine engineering and shipyard company engaged in the provision of comprehensive commercial vessel repair, drydocking, conversion, and marine technical maintenance services. Founded in 1963 and headquartered in Varna, Bulgaria, on the southern shore of Lake Varna with direct deep-water access to the Black Sea, the company operates as the largest dedicated ship repair facility in Bulgaria, serving domestic and international shipowners, vessel operators, and fleet managers across Europe, the Mediterranean, the Black Sea basin, and global shipping corridors. The company provides an extensive portfolio of specialized marine technical services and structural solutions, which include: graving dry dock and floating dock inspections, docking, undocking, and emergency repair services for commercial vessels up to approximately 75,000 deadweight tonnage (DWT); extensive hull, steel plate, and structural renewals, including the prefabrication and installation of cargo hold, deck, and double-bottom steel sections; ultra-high-pressure hydro-blasting, grit blasting, cargo and ballast tank cleaning, surface preparation, and specialized anti-corrosive and antifouling marine coating applications; complete overhaul, servicing, alignment, and testing of two-stroke and four-stroke main propulsion diesel engines, auxiliary generators, turbochargers, coolers, separators, and air compressors; rudder, propeller blade, tailshaft, stern tube seal, and steering gear overhauls, balancing, dynamic alignment, and machining; fabrication, assembly, pressure testing, and renewal of high-pressure marine piping systems, valves, and ballast lines; marine electrical power generation, switchboard, automation, motor rewinding, instrumentation, and navigational electronics maintenance and diagnostics; marine auxiliary and exhaust gas boiler cleaning, re-tubing, burner overhauls, and safety valve certifications; mechanical machining, lathe processing, milling, dynamic balancing, and custom spare parts manufacturing; complex commercial vessel conversions, cargo area reconfigurations, and structural adaptations; and turnkey retrofitting services for regulatory compliance, encompassing the engineering, installation, and commissioning of Ballast Water Treatment Systems (BWTS) and Exhaust Gas Cleaning Systems (scrubbers). The yard’s physical infrastructure features a dry dock, multiple floating docks, deep-water outfitting berths equipped with high-capacity rail portal cranes, and specialized industrial workshops for steel, pipe, mechanical, and electrical fabrication. In recent operations, ODESSOS Shiprepair Yard S.A. has executed strategic modernization programs focused on expanding technical capabilities, yard throughput, and environmental sustainability. The company has invested in the technical upgrade of its drydock pumping systems, heavy lifting crane assets, and workshop equipment to accelerate project turnaround times and enhance operational efficiency. In response to evolving International Maritime Organization (IMO) and European Union maritime regulations, the yard has broadened its green technology retrofit offerings, completing numerous Ballast Water Management System integrations and ship energy-efficiency modifications. Additionally, the company has deployed automated hydro-blasting technologies and energy-efficient workshop utilities to reduce its environmental footprint, while expanding commercial partnerships with leading European and international shipping conglomerates to sustain robust docking capacity utilization and uphold international classification society standards.