Zlatni Pyasatsi AD
BBSEBG:ZLP0.60
EUR
+0.03
(+4.35%)
ISIN
BG11ZLVAAT14
Return %
Stock
S&P 500
1Y
-20.17
14.20
3Y
-2.21
81.12
5Y
-13.07
68.34
Capital Structure
FRC
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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
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Kiril Olegov Kirilov
- Sector
- Utilities
- Industry
- Electric utilities
- Address
- Varna Bulgaria
- IPO Date
- Feb 6, 1998
- Website
- goldensands-bg.com
- Similar Companies
- Business
- Zlatni Pyasatsi AD (Golden Sands AD) is a Bulgarian resort operator and infrastructure management company engaged in hospitality, tourism services, commercial property leasing, and utility distribution. The company's primary business activities encompass accommodation services, featuring luxury five-star lodging at its flagship Hotel Admiral as well as vacation apartments and hotel complexes; food and beverage operations, including full-service restaurants, beachfront bars, cafes, and catering services; wellness and leisure offerings, consisting of medical spa facilities, balneology treatments, indoor and outdoor swimming pools, and sports centers; event and business tourism, offering conference centers, seminar facilities, and banquet spaces; commercial property management, encompassing the leasing of retail outlets, open-air pavilions, and entertainment venues; and utility and municipal services, comprising water distribution, sewage and wastewater management, electricity network maintenance, and resort infrastructure development. Founded in 1957 and headquartered in Sofia, Bulgaria, the company operates primarily within the Golden Sands resort area on the northern Black Sea coast, catering to international leisure travelers, corporate groups, and commercial tenants. In recent developments, Zlatni Pyasatsi AD has carried out major modernization and renovation programs across its core hospitality portfolio, including extensive upgrades to Hotel Admiral's accommodation and wellness amenities; restructured key asset holdings by transferring select hotel and infrastructure properties into dedicated operating subsidiaries to improve operational efficiency; diversified its energy footprint through strategic initiatives in electricity trading, including the establishment of a specialized trading entity in North Macedonia; and achieved substantial operational and revenue growth driven by increased tourist volume and strengthened performance across its utility and hospitality divisions.