Legal form and management
Hausmeister AD is a joint stock company with one-tier management system and fixed capital of BGN 570 000 distributed in 570 000 common shares having a par value of BGN 1. The management of the company is carried out by a five-member Board of Directors and two CEOs who are also BoD members. The Board of Directors and the chief executive officers present plans for development of the company and report its results to the General Meeting of the shareholders in the company.
The company was registered as a limited liability company (OOD) in the Trade Register of the Republic of Bulgaria at the end of the year 2011, but started active operation in April 2012 with high-quality repairs and finishing works for individual customers in Sofia.
After an initial successful test of the concept, in the first half of the year 2013 the company attracted new share investors, increased its capital from BGN 10 000 to BGN 170 000 and in partnership with UniCreditBulbank, Uniqa and Interamerican Bulgaria extended its platform of services with attractive consumer financing of building repairs of up to BGN 50 000, provision of insurance guarantees for good performance and property insurance of the type "Property Casco" under the trademark "Trusted Master".
In support of its strategy for national expansion, at the end of 2013 the company attracted new share investor, increased its equity to BGN 570 000 and at the beginning of the year 2014 transformed into joint stock company with one-tier management system.
Imposing of new quality standards in customer service, partnership and management of building repairs, finishing works, management and maintenance of building stock.
Provision of complex service comprising consumer financing and property insurance, extending of the insurance assistance "Trusted Master" with inclusion of other leading insurers and additional expanding of the brokerage services for sale and purchase of real estates, management of construction investment projects and facility management.
Establishment of national brand, a symbol of quality and trust and building of a national network of regional offices in Sofia, Burgas, Varna, Plovdiv, Russe or Veliko Tarnovo.
Development of corporate partnership with leading financial institutions and insurers on a national scale and establishment of a partnership network of subcontractors and suppliers in big Bulgarian cities.
The basic means for financing the development of the company hitherto have been the attraction of new share investors and the increase of the equity of the company, effected twice in the year 2013.
In addition to the increased equity of the company, it uses bank investment and working capital financing from UniCreditBulbank under the programme Jeremy.
As a next stage in the provision of financial support for the company's development, its managing team and shareholders contemplate the attraction of strategic or reputable financial share investor and a new increase of the corporate capital.