Industrial Holding Bulgaria PLC (IHB)

Industrial Holding Bulgaria AD, through its subsidiaries, engages in maritime transport, ship building and repair, port operations, and machine building businesses in Bulgaria. It is involved in ship repair and reconstruction of vessels; production of castings; and providing engineering services in the areas of marine engineering, naval architecture, and retrofit and conversion, as well as providing technical supervision services. The company also provides ports services, such as loading, unloading, and warehousing services; transport and forwarding services; and ancillary services, including electricity, water, acceptance of household and hazardous waste, sweeping, washing of cargo spaces, strengthening of cargo, etc. In addition, it engages in repair and storage of small vessels; rental of storage space, premises for production activity, warehouses and office; and production of universal lathes and CNC lathes. Further, the company designs and manufactures parts for metal cutting and woodworking machines, technological lines, general mechanical engineering machines and products, and spare parts, as well as offers repairs and services; and provides components for metal-cutting machines, housings, support boards, bodies, columns tailstocks, foundations, gearboxes, etc. Additionally, it offers technical supervision and classification services; and insurance and reinsurance intermediation services, as well as provides loans and consulting services. The company was formerly known as Privatization Fund Bulgaria AD and changed its name to Industrial Holding Bulgaria AD in 1998. The company was founded in 1950 and is headquartered in Sofia, Bulgaria. Industrial Holding Bulgaria AD is a subsidiary of Bulls AD.