Balkancar Zarya AD (Balkancar Zarya PLC) is a Bulgaria-based company that is engaged in the production and distribution of steel wheels and rims. The Companyâs principal business activity is the production of industrial wheels, which are built in electric trucks, engine-powered trucks, electric fork-lift trucks and pallet trucks, electric tractors, motor trucks and in other types of industrial vehicles, trailers, farm machines and cars. It is active domestically and abroad, including the European countries, Asian countries and the United States. The Company has a 51% interest in Balkankar Ruen AD and a 99.98% stake in Zarya Invest AD Sofia. As of December 31, 2011, the Companyâs major shareholder was KVK Invest AD with a stake of 88.83%.
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