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Batteries

Monbat Group provides a wide range of battery products and solutions for a variety of end-market applications

Automotive
Automotive
Agriculture
Agriculture
Public Transportation
Public Transportation
Marine
Marine
Defence
Defence
Industrial
Industrial
Aerospace
Aerospace
Telecommunications
Telecommunications
Renewable sources
Renewable sources

LEAD ACID BATTERIES

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The lead acid battery business focuses on the production of lead-acid automotive and stationary batteries and their servicing. The products in this segment can be divided into the following main groups:

  • starter batteries
  • stationary batteries
  • deep cycle batteries
  • special batteries
  • locomotives batteries
  • leisure batteries

RECYCLING

RECYCLING contacts

The division operates in recycling and trading activities of

  • lead acid scrap batteries
  • lead alloys
  • polyethylene and polypropylene materials

Recycling facilities are located in Bulgaria as well as in Italy, Romania and Serbia.

LITHIUM ION SOLUTIONS

explore our LITHIUM ION SOLUTIONS

The lithium-Ion business segment operates under the EAS brand and provides cells and systems based on safe and proven LFP chemistry. The adopted cylindrical cells technology and the modular-based packing approach of the battery and systems allows EAS to maintain its attractive product range of High Power (HP) batteries for selected industries such as:

  • public transport
  • commercial fleet
  • construction machines
  • marine
  • harbour
  • and airport operations

History

The history of Monbat begins in 1959, when the production of lead-acid batteries starts in a state-owned company in Montana, Bulgaria, later privatized in 1998. In 1999, it grew up in the newly founded Monbat Company and has since become the largest battery producer in Eastern Europe with production and recycling plants in five different countries.

Inception and transition into private sector

Establishment of manufacturing plants

Privatization of the Company

1959

Opening of the starter batteries factory in Montana, Bulgaria, under state ownership

1965

Opening of starter batteries factory in Dobrich, Bulgaria, under state ownership

1998

Montana plant privatization

Building a pan-European presence

IPO and Company consolidation

Rapid growth

Product diversification

Capacity expansion program

Implementation of a modernisation program

2000

Opening of Monbat’s first lead-acid batteries recycling facility in Bulgaria

2006

Successful Initial Public Offering of 4,700,000 shares

Monbat AD acquires 67% of Start, Dobrich

2010

Opening of recycling facility in Serbia

2011

Opening of recycling facility in Romania

2012

CAPEX of €3.9m (incl.€1.1m on recycling facilities)

2014

CAPEX of €3.3m (new punching technology)

2015 – 2016

More CAPEX, 85% capacity increase of Start AD (€5.5m), 20% capacity increase of Monbat (€3m)

MonbatGroup

Group
Expansion

2017

Acquisition of 2 German Li-Ion businesses, Gaia Akkumulatorenwerke and EAS Germany subsequently merged into EAS Batteries GmbH

Acquisition of a new recycling plant in Italy – Piombifera Italiana S.r.l.

2018

Monbat South Africa Proprietary Ltd subsidiary established

2019

Acquisition of STC S.R.L. Italy, as part of growing the high-tech engineering business division

A.R.T. Monbat established, focus on nano technologies applications in the battery business

2022

Acquisition of a control package (60%) of Batteries Nour

Monbat Group

Achieving Full
Potential

2023-2027

Continue operational optimizations and market penetration to drive further EBITDA expansion, across markets and product lines