October 20, 2017 7:02 AM ET

Beverages

Company Overview of Vinarska Vizba Tikves AD Skopje

Company Overview

Vinarska Vizba Tikves AD produces and markets wine. It owns and operates vineyards. The company provides still wines, sparkling wines, and spirits. Vinarska Vizba Tikves AD was founded in 1885 and is based in Skopje, Macedonia.

29 Noemvri 5

Kavadarci,  1430

Macedonia

Founded in 1998

Phone:

389 43 414 024

Fax:

389 43 415 451

Key Executives for Vinarska Vizba Tikves AD Skopje

Director General
Compensation as of Fiscal Year 2017.

Vinarska Vizba Tikves AD Skopje Key Developments

Tikves Reports Non-Consolidated Earnings Results for the Year 2016

Tikves reported non-consolidated earnings results for the year 2016. For the year, the company’s non-consolidated net profit rose to MKD 84.6 million ($1.46 million/EUR 1.38 million) last year from MKD 37.4 million in 2015 on the back of higher sales. The company's total sales revenues grew 9% to MKD 1.3 billion in 2016, with MKD 784 million coming from domestic sales.

Tikves Announces Consolidated Earnings Results for the First Half of 2016

Tikves announced earnings results for the first half of 2016. For the first quarter, the company reported consolidated net profit rose 22% year-on-year to MKD 17.2 million on the back of higher sales. The company's operating profit grew by an annual 8% to MKD 56.6 million. Its sales revenues rose 9% on the year to MKD 623.5 billion, as MKD 330.3 million were generated on the domestic market, whereas the rest came from sales abroad.

Tikves Reports Consolidated Earnings Results for the First Quarter of 2016

Tikves reported consolidated earnings results for the first quarter of 2016. Net profit rose 20% to MKD 12.8 million in the first quarter on the back of higher sales and lower administrative costs. Profit grew by an annual 11% to MKD 31.8 million in the first three months of 2016.

Similar Private Companies By Industry

Company Name Region
Lozar Pelisterka a.d. Europe
Pivara Bitola AD Europe
Pivara Skopje AD Europe
Prilepska Pivarnica AD Europe
Vinarska Vizba Tikves AD Skopje Europe

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
\
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
The Advertising Council, Inc. United States
NYC2012, Inc. United States
Tax Management Inc United States
Bertelsmann AG Europe

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Vinarska Vizba Tikves AD Skopje, please visit www.tikves.com.mk. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.