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Vg AD (Вг АД) (Bulgaria)

Main Activities: Hotels (except Casino Hotels) and Motels
Full name: Vg AD Profile Updated: October 07, 2025
Buy our report for this company USD 19.99 Most recent financial data: 2023 Available in: English Download a sample report

The company owns and manages the Sofia five-star Hotel Marinela, situated at the foothills of Vitosha Mountain. The hotel, previously known as Kempinski Hotel Zografski, is built on 30,000 sq.m. and is one of the largest in Sofia.
From 1979 till 1991 Hotel Vitosha New Otani was the only member of the New Otani International Hotels in Europe. Since 1991 up to 1993 it was an independent Hotel Vitosha Sofia and since 1993 till 1995- a Summit International Hotel. After 1995 this hotel was a part of the Intercontinental Hotels and Resorts, and from 1996 to 1997- an International Zografski Hotel.
In end-2014 the company is acquired by Vetko Arabadziev-owned Victoria Group VM .

Headquarters
Ul. Dzheyms Baucher 100
Sofia; Sofia - city; Postal Code: 1407

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Website: http://www.kempinski.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
July 24, 1990
Key Executives
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Executive Director and Member of the Board of Directors
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Member of the Board of Directors
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Member of the Board of Directors
Ownership Details
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Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency BGN. Absolute financial data is included in the purchased report.
Total operating revenue
-21.08%

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