
In 2020, JSC Floarea Soarelui (Balti) incurred losses of 129 million lei against a profit of 4.64 million lei obtained in the previous year.
According to the company's financial statements, in 2020, the sales revenue of Floarea Soarelui increased from 1 billion 700.43 million to 2 billion 011.3 million lei (+ 18.3%), and the value of sales increased by 30.5% - from 1 billion 567.2 million to 2 billion 027.5 million lei (+ 29.4%). In 2020, the company increased distribution costs by 12% - from 77.66 million to 87 million lei, while reducing administrative costs by 10% - from 31.69 million to 28.54 million lei. Long-term tangible assets of Floarea Soarelui in 2020 increased from 470.99 million to 508.4 million lei (+ 7.9%), and current assets - 1.7 times - from 2 billion 242.1 million to 3 billion 836.6 million lev. The total assets of JSC Floarea Soarelui increased by 1.6 times over the year - from 2 billion 713.1 million to 4 billion 345 million leva. The authorized capital of the enterprise at the end of 2020 amounted to 14.89 million lei. Floarea Soarelui is an oil extraction plant in Balti, the largest enterprise in the fat and oil industry in Moldova, owned by the Trans-Oil Group. At the end of 2020, the company had 1,449 shareholders. The major shareholders of the company are Amableus Limited (49.761%) and Trezeme Limited (34.896%), the beneficiary of which is the entrepreneur Vazha Jashi. // 02.07.2021 — InfoMarket