Toplofikatsia-Burgas AD
BBSEBG:TPLB1.00
EUR
+0.05
(+5.26%)
ISIN
BG1100012209
Return %
Stock
S&P 500
1Y
0.30
14.20
3Y
26.18
81.12
5Y
30.39
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
- Hristin Iliev Iliev
- Sector
- Utilities
- Industry
- Alternative power generation
- Address
- Burgas Bulgaria
- Website
- toplo-bs.com
- Similar Companies
- Business
- Toplofikatsia-Burgas AD is a Bulgaria-based utility company primarily engaged in the generation, transmission, distribution, and commercial supply of thermal energy, as well as the combined heat and power (CHP) cogeneration of electricity. Founded in 1967 and headquartered in Burgas, Bulgaria, the company serves as the centralized district heating operator for the municipality and urban territory of Burgas along the Black Sea coast. The company operates through two main business segments: Thermal Energy and Electricity Generation. Its comprehensive product and service offerings include the centralized generation and transmission of district heating for residential space heating, commercial properties, and municipal institutions; the production, distribution, and supply of domestic hot water across primary and secondary pipeline networks; the engineering, maintenance, repair, and operational management of centralized thermal substations and heat distribution infrastructure; the high-efficiency cogeneration of electrical power generated via gas-fired cogeneration installations for distribution to the national power grid and trading on the Independent Bulgarian Energy Exchange (IBEX); and ancillary utility services, encompassing commercial heat accounting, automated meter reading, technical connection of new subscriber units, and thermal facility inspection. Toplofikatsia-Burgas AD primarily caters to domestic residential consumers, municipal and administrative buildings, healthcare centers, educational facilities, and industrial enterprises within the Burgas metropolitan area. In recent operational developments, Toplofikatsia-Burgas AD has executed significant modernization and decarbonization programs aimed at enhancing energy efficiency, ensuring compliance with European Union industrial emissions directives, and lowering carbon emissions. The company has advanced the technical upgrade of its combined heat and power generation capacities through the continuous deployment and optimization of high-efficiency natural gas-fired piston cogeneration units, replacing legacy boiler installations. Additionally, the company has executed network rehabilitation projects across its primary heat pipeline infrastructure to reduce transmission losses, accelerated the integration of smart metering and automated remote monitoring systems across subscriber substations, and pursued environmental transition initiatives, including the integration of rooftop photovoltaic generation and evaluation of alternative sustainable fuels to support long-term energy security.