Overgas Inc.
Overgas Inc. is the largest privately owned natural gas distribution company in Bulgaria, operating over 2,400 km of network across 51 municipalities and serving 60,000+ households, 3,300+ industrial clients, and 2,000+ institutions under regulated tariffs approved by KEVR.
- Company typePrivate
- Founded1991
- HeadquartersSofia, Bulgaria
- Headcount501–1,000
- GTM typeB2B and B2C
- OfferingServices
What Overgas Inc. does
Overgas Inc. is the largest privately owned natural gas distribution company in Bulgaria, founded in 1991 and headquartered in Sofia. Through its primary operating entity Overgas Mrezhi AD, the company holds regulatory licenses for 55 cities and operates over 2,400 km of gas distribution network across 51 municipalities, reaching nearly 250,000 households. It serves over 60,000 residential customers, 3,300+ industrial clients, and 2,000+ public institutions including schools, hospitals, and social care facilities.
The company's product and service portfolio is delivered through a vertically integrated subsidiary structure spanning the full gas value chain. Core subsidiaries include Overgas Mrezhi AD (distribution and supply), Overgas Engineering AD (pipeline construction and project management), Overgas Service AD (diagnostics and maintenance), Overgas Tehnika AD (technical supervision), Overgas Direct AD (domestic gasification with mobile consultant service), Overgas Capital AD (consumer financing), and Gastec BG AD (pipeline design with Dutch-origin expertise). An adjacent telecom subsidiary, Vestitel BG AD, provides cross-border telecommunications services.
Overgas generates revenue primarily through regulated distribution and supply tariffs approved by Bulgaria's Energy and Water Regulatory Commission (KEVR), with additional one-time connection fees for new customers. The company reaches customers through 35+ client centers, the My Overgas online portal, a mobile consultant service, and a national phone hotline, while serving business customers through a dedicated enterprise sales division. Its technology stack includes SCADA for real-time network monitoring, a GIS for infrastructure planning, Project 360 (CRM/Billing/AMM), a Pentaho-based BI platform, and SAP for enterprise resource planning. The company also offers Compressed Natural Gas delivery via virtual pipeline technology to serve customers beyond its fixed distribution network.
Overgas Inc. firmographics
Firmographics- Name
- Overgas Inc.
- Legal name
- Overgas Mrezhi AD (Овергаз Мрежи АД)
- Website
- https://overgas.bg
- Company type
- Private
- Founded year
- 1991
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Overgas Inc. is the largest privately owned natural gas distribution company in Bulgaria, operating over 2,400 km of network across 51 municipalities and serving 60,000+ households, 3,300+ industrial clients, and 2,000+ institutions under regulated tariffs approved by KEVR.
- Ownership category
- akta.pro rank
Overgas Inc. industry classification
Industry- Product category
- Natural Gas Distribution
- NAICS
- Natural Gas Distribution (22121)
- SIC
- Natural Gas Distribution (4924), Gas & Other Services Combined (4932)
- akta.pro primary industry
- Gas Mains (Distribution Pipelines) (EUAJABAA)
- akta.pro secondary industries
- Service Line Maintenance & Repair (Customer Laterals) (EUAJAMAC), Station & Facility Maintenance (Gate Stations, Town Border Stations, Utility Buildings) (EUAJAMAG)
Keywords
Where Overgas Inc. is headquartered
LocationHeadquarters
- HQ city
- Sofia
- HQ country
- Bulgaria
- HQ region
- Europe
Offices9 records
Markets served
Overgas Inc. business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Supply Chain, Infrastructure, Operations, Personnel, Technology or R&D, Marketing or Sales
Revenue model
- Natural Gas Distribution and Supply: Overgas distributes and supplies natural gas to end users. Revenue comes from regulated distribution and supply prices approved by the Energy and Water Regulatory Commission (KEVR). The company charges for transportation of natural gas through its own gas distribution network, including costs for operation, repair, diagnostics, technical maintenance, and emergency provision.
- Connection and Infrastructure Services: Fees for connecting new customers to the gas distribution network, including study fees based on installed capacity and connection fees based on hourly consumption
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Monthly | Household (Residential) Customers |
| Usage-based | Annual | Business/Industrial Customers |
| Subscription | Monthly | Equal Monthly Installments |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels7 records
Overgas Inc. product offering
Product offeringCore offering
Overgas distributes and supplies natural gas to residential households, industrial and commercial businesses, and public institutions across Bulgaria through its owned 2,400+ km pipeline network licensed in 55 cities and operating in 51 municipalities. Through subsidiaries, it also delivers domestic and industrial gasification projects, gas pipeline engineering and construction, diagnostics and metrological maintenance, technical supervision of high-risk gas facilities, financing for gasification, and compressed natural gas supply to remote customers.
Product overview
Overgas Inc. is a diversified energy group operating primarily as a natural gas distribution company. The core offering is Overgas Networks AD, the largest private gas distribution company in Bulgaria serving over 60,000 household customers, 3,300+ industrial customers, and 2,000+ institutions across 55 cities with over 2,400 km of gas distribution network. The company offers a portfolio of specialized subsidiaries including Overgas Direct (domestic gasification), Overgas Service (pipeline diagnostics and maintenance), Overgas Engineering (pipeline design and construction), Overgas Capital (consumer financing), Overgas Tehnika (technical supervision), Gastec BG (gas pipeline design), and Vestitel BG (telecommunications). The technology portfolio includes proprietary information systems such as Project 360 (CRM, Billing, AMM), My Overgas customer portal, SCADA real-time monitoring system, AMM Mobile, GIS, BI platform (Pentaho), and SAP enterprise software. The group also provides compressed natural gas delivery for remote locations and smart metering devices.
Differentiator
Problem solved
Functional benefit
Products and services
- Overgas Networks (Overgas Mrezhi AD) - Natural Gas Distribution and Supply Regulated distribution and supply of piped natural gas to residential, industrial, and institutional end users across 55 licensed Bulgarian cities and 51 municipalities, supported by over 2,400 km of owned gas distribution infrastructure.
- Overgas Direct AD - Domestic Gasification Services Market-leading domestic gasification service offering individual and complex gasification project delivery for households, including preliminary project drafting, appliance selection, installation, and commissioning, plus a mobile consultant service that visits customers at convenient times.
- Overgas Service AD - Gas Pipeline Diagnostics and Maintenance Diagnostics of gas pipelines, maintenance and reconstruction of gas facilities, and metrological support for measurement instruments, ensuring continuity of gas supply and gas safety of the Overgas network under competitive conditions.
- Overgas Engineering AD - Pipeline Engineering and Construction Engineering, project management, consultancy, supervision, design, procurement, construction, installation, and commissioning services for pipelines in the gas, oil, petrochemical, sewage, and heating sectors; a regular member of Iploca.
- Overgas Capital AD - Gasification Consumer Financing Consumer loans for current needs, targeted credits for gasification of household gas customers, and operational and financial leasing with advantageous interest rates, including annual program commitments for business customers modernizing with natural gas-based energy solutions.
- Overgas Tehnika AD - Technical Supervision of High-Risk Gas Facilities Technical supervision of high-risk gas facilities in design, construction, and operation, ensuring safety of operation and compliance with legally defined requirements, rules, and standards.
- Compressed Natural Gas (CNG) Delivery - Virtual Pipeline Supply Virtual Pipeline technology delivering compressed natural gas via mobile equipment such as CNG trailers to industrial and business customers located remotely from the gas distribution network.
- My Overgas Customer Portal Online self-service portal for Overgas customers providing account management, billing, invoicing, and payment functionality for household and business gas customers.
Quantifiable outcome
- 20,509 tonnes of harmful emissions avoided in 2025 through replacement of solid and liquid fuels with natural gas
- +6 more outcomes
Companies that use Overgas Inc.
Customer profileNamed customers5 records
Segments3 records
Ideal customer profiles3 records
Overgas Inc. technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature7 records
Overgas Inc. partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered minor and core.
- Bulgarian Gas Center EADminorOrganized a round table on 'Current Issues of Gas Safety and Technical Supervision' with support from Bulgarian Association Natural Gas (BANG).
- Bulgarian Association Natural Gas (BANG)minorSupported the organization of a round table on gas safety bringing together over 30 participants from gas companies, regulatory bodies, and technical oversight firms.
- United Nations Global CompactcoreOvergas is a member of the UN Global Compact and has adopted, supported, and implemented its 10 principles in its activity and field of influence, covering human rights, labor standards, environmental responsibility, and anti-corruption.
- Bulgarian Global Compact NetworkcoreOvergas participates in collective projects under the Bulgarian Global Compact Network, contributing to sustainable development initiatives in Bulgaria.
- Methodia EuroconsultminorPreferred business partner for consultation on identification of financing sources and preparation of project proposals for energy efficiency projects.
- State Agency for Metrological and Technical Supervision (SAMTSD)minorGovernment agency participating in round table discussions on gas safety regulations and practices.
- Toplofikacia Razgrad EADminorSubsidiary company in Overgas group producing thermal and electrical energy and transporting thermal energy in Razgrad region.
Scale indicators10 records
Recent moves7 records
Expansion highlights6 records
Overgas Inc. competitors and assessment
Company assessmentBroad incumbents
- RWE AG: German integrated utility with significant gas distribution and trading operations across Europe; broad incumbent relevant for benchmarking regulated gas-distribution valuation and operating practices.
- CEZ Group: Czech integrated energy group with prior Bulgarian operations (CEZ Bulgaria) and gas-fired generation; broad CEE energy incumbent relevant for benchmarking rather than direct retail gas distribution competition.
- ENGIE SA: French-headquartered global utility with regulated gas distribution across Europe and LNG/infrastructure activities; broad incumbent comparable in regulated distribution economics to Overgas at much larger scale.
- Naturgy Energy Group: Spanish-headquartered multi-national gas and electricity utility with regulated gas distribution businesses in Spain and Latin America; broad incumbent for regulated-asset benchmarking versus Overgas.
- E.ON SE: Major European utility group with extensive gas and electricity distribution networks across Germany, CEE and the UK; operates regulated distribution businesses comparable in model to Overgas as part of a much broader multi-country portfolio.
Regional players
- Delgaz Grid: Romanian gas distribution operator (formerly E.ON Gaz Distribuție); one of the largest local gas distributors in Romania with a regulated network business similar to Overgas's licensed-territory model.
- GASAG: Berlin-based regional gas distribution and supply utility operating a city/regional pipeline network; comparable in business model (local distribution plus supply to households and commercial customers) to Overgas but in Germany.
- Pražská plynárenská: Czech gas distribution and supply company serving the Prague region; operates a regulated local distribution model analogous to Overgas's licensed-territory model but in a different national market.
Others
- Toplofikatsia Sofia EAD: Sofia's district-heating utility; adjacent Bulgarian energy-distribution operator with similar end-customer energy delivery focus though primarily heat rather than natural gas.
- Bulgargaz EAD: Bulgaria's state-owned natural gas supplier and transmission wholesaler, regulated by the same KEVR commission as Overgas; vertically related counterparty rather than a direct competitor, but comparable as a Bulgarian gas-infrastructure player.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Overgas Inc. social profiles
Digital presenceOvergas Inc. financial estimates
Financial estimateRevenue estimate
Valuation estimate
Overgas Inc. leadership team
Management profileNumber of profiles
Profiles8 records
Overgas Inc. subsidiaries and ownership
Company hierarchySubsidiaries9 records
Overgas Inc. funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Overgas Inc. M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Overgas Inc.
What does Overgas Inc. do?
Overgas distributes and supplies natural gas to residential households, industrial and commercial businesses, and public institutions across Bulgaria through its owned 2,400+ km pipeline network licensed in 55 cities and operating in 51 municipalities. Through subsidiaries, it also delivers domestic and industrial gasification projects, gas pipeline engineering and construction, diagnostics and metrological maintenance, technical supervision of high-risk gas facilities, financing for gasification, and compressed natural gas supply to remote customers.
Is Overgas Inc. a public or private company?
Overgas Inc. is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Overgas Inc. founded?
Overgas Inc. was founded in 1991. It employs 501 to 1,000 people.
Where is Overgas Inc. based?
Overgas Inc. is headquartered in Sofia, Bulgaria, in the Europe region.
How does Overgas Inc. make money?
Two revenue lines are on record. Natural Gas Distribution and Supply is the primary driver. The others are connection and Infrastructure Services.
Who are Overgas Inc.'s main competitors?
Broad incumbents on record are RWE AG, CEZ Group, ENGIE SA, Naturgy Energy Group and E.ON SE. Regional players are Delgaz Grid, GASAG and Pražská plynárenská. Others are Toplofikatsia Sofia EAD and Bulgargaz EAD.
Does Overgas Inc. have an API?
No public API is recorded for Overgas Inc..
What industry is Overgas Inc. in?
Overgas Inc.'s product category is Natural Gas Distribution. Its primary akta.pro industry code is EUAJABAA, Gas Mains (Distribution Pipelines), with a secondary code of EUAJAMAC, Service Line Maintenance & Repair (Customer Laterals). Its NAICS code is 22121 and its SIC code is 4924.