Metalsnab Bulgaria In2007MetalsnabHoldingADbecamepart
ofthe big concern of Klöckner & Co,
which expanded the network of companies in Eastern Europe.
Klöckner & Co the biggest independentmulti-metal
and steel distributor onthe European andUSmarketscelebratedits 100-th anniversaryin2006.
The mainbusiness ofhe Company Kl?ckner & Co Group is
trade in metal products and steel distribution.
The Company has approximately 210 000 customers serviced at 240 trade subsidiaries
in 14 European countries and in North America. With the committed work of approximately
10 000 employees the Company reached a turnover of about 5 billion Euro in financial
year 2005. On June 28, 2006 – exactly 100years after its establishment it was enlisted
on the Stock Exchange.
Since its establishment in 1906 the Central Office has been based in
the German town of Duisburg and its main sphere of activity was distribution
of steel and metals. Along with this specialization in the last hundred
years there were series of cases of diversification of products in a number
of trade activities. Thus, the Company during various periods traded in
unrefined oils, chemicals and construction materials, and parallel to that
it gained an impetus in the field of transportation and construction of
industrial facilities across the world. Since 1998 onwards
Klöckner & Co has focused again on its
traditional business – trade in steel and metals and affirmed itself as
a modern and state-of-the-art multi-metal distributor. Today the Company
works actively on all big markets in Europe and North America.
It has been owned by Lindsay, Goldberg & Bessemer.
Since the end of 2006, exactly 100 years after its establishment, the Company
has been on the Stock Exchange and in this way left its signature:
In times of acceleration of the processes of agglomeration and consolidation
in the metal trade sector, Kl?ckner & Co has proclaimed its intentions to reinforce
its leading position as an international distributor proving that the 100-year-long
success story continues.
The history of “Metalsnab Bulgariq”began
unfolding in 1950 – then, the first state organization for trade and supply of metals
in the country was announced.
During its existence it procured the country’s economy with over 160
million tons of metals. In the past 160 years or so the Company changed
its name several times but preserved and extended its market orientation
and spheres of activity with no let up, playing a key role in the infrastructure
construction of Bulgaria. It disposes of a base for the building and development
of the basic economic sectors – machine construction and assembly, construction,
energy industry, electronics, etc.
In the transition period the monopolistic state enterprise faced the challenge of
liberalization and emerging market conditions, the entry of new players on the market
of metals and the inevitable need for restructuring and streamlining of activities
with the aim to preserve its majority market share in the business. The most significant
advance in the development of the Company could be observed in the years after its
privatization - in 1998, after the investment of over 10 million BGN in the reconstruction
and upgrade of the existing material base as well as the commissioning in operation
of new production facilities.
The prosperity of the Company is ensured by
the preservation and development of its unique infrastructure–
an integrated network of warehouses and administrative bases and service
centers is located in 8 of the biggest industrial and transportation junctions
in the country, on an area of over 500 000 м2. Some of the serious steps
which marked the road for contemporary development and benchmark achievements
in the sector in the very first years after its privatization comprised
the implementation of the international system for quality management ISO
The intent of the Company to accomplish its distinguishing advantage with regard
to its reliability and accuracy among its partners in the chain of supplies was
reflected in the conferring of a credit rating „BBB” in several consecutive years.
As a trade brand on the market during the last decades the Company made a name for
itself as „Metalsnab”, which was the basis and safeguard for its good reputation
and highly appreciated authority on the international and domestic metals markets.
The accrued positive trade reputation and successful past have created
the necessary prerequisites for its natural structural development that
brought about the new Company’s name - Kl?ckner Metalsnab AD.
The new name the Company assumed after
its being acquired by the undisputable world leader in multi-metal distribution
Kloeckner & Co Wervaltung - a deed which made it a key part of the multinational
concern and equipped it with the enhanced capacity to carry out its activities
in Eastern Europe.
Sheets Flat Products, cold rolled,
Flat Products, coated Plates Flat Products,
hot rolled, Flat Products - Heavy Plates Merchant
bars / sections Hot rolled heavy Sections (H/I/U ? 80 mm), Hot
rolled Merchant Bars, Electrodes / Welding Items
Profiles / hollow sections
Other long products Sheet Piling, Railway
Material, Semi-finished Products, Wire rods
Quality / bright / special / tool steel
Carbon Steels (rolled, forged), Alloyed Steels - rolled, forged, Carbon
and Alloyed Steels bright Stainless
Stainless Flat Products, Stainless Long Products, Stainless Tubes
Tubes Welded round Steel Tubes Seamless
round Steel Tubes Hollow Sections (square / rectangular) Fittings (FE)
Non-ferrous Aluminium,Copper, Bronze,
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