Bulgarian Materials Potentially Undervalued Companies

Covestro

Market Cap: €11.1b

Supplies high-tech polymer materials and application solutions.

Bulmetal JSC

Market Cap: лв64.0m

Manufactures and sells metal packaging for food and chemical industries in Bulgaria.

BASF

Market Cap: €37.4b

Operates as a chemical company worldwide.

Vale

Market Cap: €224.4b

Produces and sells iron ore, iron ore pellets, nickel, and copper in Brazil and internationally.

thyssenkrupp

Market Cap: €5.9b

Operates as an industrial and technology company in Germany and internationally.

Neochim AD

Market Cap: лв60.5m

Produces and trades in fertilizers, and inorganic and organic chemical products in Bulgaria and internationally.

Rio Tinto Group

Market Cap: €74.0b

Engages in exploring, mining, and processing mineral resources worldwide.

Barrick Gold

Market Cap: €49.5b

Engages in the exploration, mine development, production, and sale of gold and copper properties.

Heidelberg Materials

Market Cap: €28.8b

Produces and distributes cement, aggregates, ready-mixed concrete, and asphalt worldwide.

Fazerles AD

Market Cap: лв8.1m

Manufactures and sells hardboard wood based panels in Bulgaria, rest of Europe, Asia, Africa, and the United States.