Shumen-Tabac AD
BBSEBG:SHTB0.55
EUR
0.00
(0.00%)
ISIN
BG11SUSUVT18
Return %
Stock
S&P 500
1Y
-0.40
14.20
3Y
-0.40
81.12
5Y
-0.40
68.34
Capital Structure
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Vladimir Gechev Zhekov
- Sector
- Consumer non-durables
- Industry
- Tobacco
- Address
- Shumen Bulgaria
- Similar Companies
- Business
- Shumen-Tabac AD is a Bulgaria-based commercial enterprise historically operating within the tobacco processing and manufacturing industry, currently focused on tobacco commodity trading, asset management, and property leasing. Founded in 1993 and headquartered in Shumen, Bulgaria, the company operates as an affiliate of Bulgartabac Holding AD. The company provides a range of products and services, including the purchasing, sorting, and industrial fermentation of oriental and large-leaf raw tobacco; the preparation, baling, and packaging of processed tobacco leaf for export markets; domestic and international wholesale distribution of raw and semi-processed tobacco materials; the historical manufacture, packaging, and distribution of filter and non-filter cigarettes across licensed and proprietary brand portfolios, including Rodopi, Opal, TU-134, Styuardesa, BT, Arda, and Varna; and the leasing, operational management, and maintenance of owned commercial real estate, manufacturing plants, and industrial warehouse facilities. In recent major company developments, Shumen-Tabac AD has undergone extensive structural, ownership, and operational changes in alignment with the broader consolidation strategy of Bulgartabac Holding AD. Following the phased cessation of active cigarette manufacturing and the subsequent transaction involving British American Tobacco, Bulgartabac Holding approved the strategic transfer and consolidation of its controlling equity interest in Shumen-Tabac AD to fellow group subsidiary Blagoevgrad BT AD. Concurrently, the company has reorganized its ongoing operations to prioritize commercial real estate leasing, debt and asset optimization, and corporate restructuring across its regional operations.