Atanas Bobokov, Board chairman, Monbat (Photo credit: capital.bg)

From Monbat Investor Day: Planning triple EBITDA by 2021

Leading lead acid car batteries producer Monbat plans to triple EBITDA by 2021 to EUR 68.9m from FY2016 level, the Company’s management said at an investors’ day on September 27th 2017 in Sofia. Monbat is looking into scaling up the business by 2021 via organic growth, expansion with acquisitions in its organic business, recycling diversification… Read more

Monbat

Monbat acquires two lithium-ion batteries producers in Germany

Leading lead acid batteries producer in Bulgaria Monbat (5MB BU) acquired two lithium-ion batteries companies in Germany, according to a regulatory announcement by the Company. Lithium-ion batteries – the new market for Monbat Monbat acquired 100% of GAIA Akkumulatorenwerke GmbH and EAS Germany GmbH (a JV between GAIA and Enersys/Hawker). It plans to merge them… Read more

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