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"Plovdiv-BT" JSC.


GENERAL INFORMATION
    Plovdiv-BT JSC. is a trade corporation, created with a decree No. 115 from 10 November 1993 of the Ministers’ Council, with which the Bulgartabac Industrial Corporation was transformed into Bulgartabak Holding EAD and 22 state shareholders. The separation of the assets and liabilities was done according to the balance sheet of 30 June 1993.

    The HQ and the address of the corporation is in Plovdiv, 23 Avxentii Veeleshki Str. The court registration is with a decision No. 121 isuued on December 17, 1993. in the Plovdiv Regional Court. The corporation is a successor of TK Rhodope, Plovdiv.

    The state – through the Ministry of trade and tourism (now Ministry of Economics) – embarked on a transfer of the directly owned by it shares to the Bulgartabak AD Holding (the Holding). This transfer was over by the beginning of 1998, thus making the date 1 January 1998 a date of the effective acquisition of majority participation of the Holding into the corporation.


OWNERSHIP AND MANAGEMENT
    Plovdiv BT AD is a public corporation.
    Plovdiv BT AD is a public corporation.
    As of 30 June 2005 the shares are as follows:
Bulgartabac Holding JSC. - 78.18 %
Finansconsult Ltd. - 12.89 %
Corporate shareholders - 3.24 %
Individual shareholders - 5.69 %
    Plovdiv-BT JSC has a one stepped management system with a Board of Directors, consisting of five members. The chairman of the BD is Diana Nikolaeva Nikolova. The corporation is represented by the Executive Director Zlatomira Dimitrova Draganska.

    As a part of the Bulgartabac Group, the corporation adopted the Coordination and Cooperation Agreement which was introduced in March 1993. Based on its principles and rules the following was coordinated: the general strategy policies of the corporations of the Group; the actions of attaining industrial, market and financial stability were coordinated; product structures and all other globally important for the cooperation issues were developed. The Executive Director of the corporation is Member of the Consulting Board.

    As of 30 June 2005, the total number of employees is 512.


ACTIVITIES
    The activities involve the following:
Purchasing and industrial treatment of tobacco;
Production of tobacco products
International and domestic trade
  
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