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Teteks AD (North Macedonia)

Main Activities: Fiber, Yarn, and Thread Mills | Apparel Manufacturing | Apparel, Piece Goods, and Notions Merchant Wholesalers
Secondary Activities: Apparel Knitting Mills | Cut and Sew Apparel Manufacturing
Full name: Teteks AD Tetovo Profile Updated: January 31, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Teteks AD Tetovo, established in 1951 as a state-owned company, is a fully privatized joint stock company. Its product range includes garments, knitwear, fabrics, blankets and yarns. Teteks operates four major production plants – a spinning mill, a weaving mill, a garment production plant and a knitwear production plant. The production is vertically connected and starts with the raw materials as wool, polyester and acrylic fibers, entering the spinning mill, through the yarns to the fabrics or knits, finishing as ready-to-wear garments. The garment production plant is the biggest production unit in Teteks with annual capacity of approx. 1 million pieces of garments. The company's main export markets are the United States (USD 15 million per year), Germany, Denmark, Belgium, Switzerland, Netherlands, Italy, Russia, Bulgaria, Hungary, Yugoslavia, etc. Teteks has representative outlets in the United States, Germany, Russia, Bulgaria, Serbia and Albania. Its average turnover amounts to about USD 50 million, USD 28 million of which are from export sales. The company privatization process begun in 1991 and has been fully completed in 1995. Currently, the company combines in its group 7 subsidiaries - five in Macedonia and one in Bulgaria and Serbia.

Headquarters
ul. Brakja Miladinovi br. 1
Tetovo; Polog;

Contact Details: Purchase the Teteks AD report to view the information.

Website: http://www.teteks.com.mk

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:
Key Executives
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Chairman 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
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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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12.76%
Subsidiaries
Petrolgas Dooel
100%
TTK Bank AD Skopje
49.24%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency MKD. Absolute financial data is included in the purchased report.
Net sales revenue
254.77%
Total operating revenue
186.47%
Operating profit (EBIT)
-337.18%
EBITDA
-400.68%
Net Profit (Loss) for the Period
44.39%
Total assets
7.18%
Total equity
4.1%
Operating Profit Margin (ROS)
-9.33%
Net Profit Margin
-27.69%
Return on Equity (ROE)
0.25%
Quick Ratio
-0.2%
Cash Ratio
0.32%

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