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Navibulgar

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Industry
  
Shipping

Headquarters
  
Varna, Bulgaria

Number of employees
  
4,000

Revenue
  
US$ 267 million (2006)

Founded
  
1892

Type of business
  
State owned

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Navibulgar is a Bulgarian shipping company, the largest in the country, with a fleet of 60 vessels: 46 bulk carriers, 9 container vessels, 5 tanker and chemical vessels and 10 combined tonnage vessels, including their new 30,700-tonne ship, which became a part of their fleet in June 2012.

Contents

Acquisitions

In 2002, the company acquired Varna shipyard for $16.1m.

In May 2014, Navibulgar completed its set of modern domestically built handymax ships with a deal for a Greek-owned bulker. The vessel is named Wanderlust and was originally ordered for design and building in 1997.

References

Navibulgar Wikipedia