Maritime transport
Privat Engineering AD (s)
The company was incorporated in 1998 with basic scope of activity including engineering in the country and abroad, licenses, know-how, technology transfer, home and foreign trade as well as any other activity not prohibited by law. The key activities carried out by the company are insurance and reinsurance intermediation and consulting services. Since June 2000, Privat Engineering AD has been offering insurance and reinsurance intermediation. The company has a license to operate as insurance broker No 75/30 May 2000. In June 2003, Privat Engineering AD acquired real property of approximately 92 decares in the Boudzhaka Area near Sozopol. At the end of December 2005, Privat Engineering AD sold this development with the completed infrastructure and terminated its investments in real properties. In February 2006, Privat Engineering AD started investments in building ships. Now the Company through its subsidiaries owns 9,800-ton multi-purpose ships, intended for unrestricted region of navigation and shipping of bulk cargo and containers and two 21,000-ton multi-purpose ships, intended for unrestricted region of navigation and shipping of bulk cargo. In December 2007, Privat Engineering invested in shares of a company named IHB Shipping Co EAD (ss), Varna, having capital of BGN 200,000 divided into 200,000 shares, each having nominal value of BGN 1 and scope of activity including commercial maritime navigation and related production and technical, forwarding and intermediation activities, ship brokerage and agency, etc. It manages the ships owned by the IHB Group companies. Privat Engineering holds 100% of the capitals of its subsidiaries Emona Ltd, Marciana Ltd, Karvuna Ltd, Tirista Ltd and IHB Shipping Co EAD.
Contacts
47, Vassil Levsky Blvd., 1000 Sofia, Bulgaria
tel.: + 359 (0) 2 980 71 01; fax: + 359 (0) 2 980 70 72
e-mail: office@bulgariaholding.com
KLVK AD (s)
The company was incorporated in 2001 with basic scope of activity including commercial and production activities, purchase and production of goods for resale/sale, representation and agency, foreign economic activities, marketing, investment and design activities as well as any other activity not prohibited by law. The activities are related to the organization, consultations and intermediation for companies’ participation in international exhibitions. In July 2004, KLVK AD acquired 75% shares of real property of 94 decares located in Shkorpilovtsi – Izgrev Horizont Resort Complex. In April 2005, KLVK AD sold this property and terminated investments in real properties. In 2008, the company invested in the building of 2 F56 ships of total value of EUR 60 million through its subsidiaries Odriya Ltd (ss) and Skitiya Ltd (ss), Marshall Islands. Ship No 102 owned by Odriya Ltd is expected to be delivered in 2012. The contract for the building of ship No 105 owned by Skitiya Ltd was terminated. KLVK AD held 100% of the capitals of its subsidiaries Odriya Ltd and Skitiya Ltd.
Contacts
Executive Director: Daneta Zheleva
47, Vassil Levsky Blvd., 1000 Sofia, Bulgaria
tel.: + 359 (0) 2 980 71 01; fax: + 359 (0) 2 980 70 72
e-mail: office@bulgariaholding.com
IHB Shipping Co
Contacts
47, Vassil Levsky Blvd., 1000 Sofia, Bulgaria
tel.: + 359 (0) 2 980 71 01; fax: + 359 (0) 2 980 70 72
e-mail: office@bulgariaholding.com