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Ransomware Group thegentlemen Hits: Balkan Polymers

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HookPhish team
Target organization Balkan Polymers balkanpolymers.com Manufacturing

Summary

In the latest cybersecurity news, Balkan Polymers — an organization based in BG — has fallen victim to a ransomware attack conducted by the group thegentlemen. This data breach, discovered on 2026-09-15T07:15:09.026597+00:00, underscores the increasing need for proactive cybersecurity defenses as we continue through 2026.

Incident Report

Attribute Information
Target Organization Balkan Polymers
Threat Group thegentlemen
Summary balkanpolymers.com zoominfo.com/c/balkan-polymers/397725276 Balkan Polymers Serbian polymer recycling group founded in 2011 in Zrenjanin by Aleksandar Nikolić — a German-trained chemical engineer who returned home after careers at BASF and Nike — now running 4 plants (3 Serbia + 1 Slovakia) processing 26,000 tons of polymers per year (~$20–25M revenue est.). Full vertical integration: collection → optical sorting → shredding → hot washing → extrusion → compounding, producing rPP, rPE (LDPE/HDPE) and rPS granules for packaging, automotive and construction manufacturers across 10+ CE markets (Germany, Austria, Italy, Poland, Czechia…). Certified EuCertPlast — the EU traceability standard that unlocks “recycled content” claims; environmental math: ~52,000 tons CO₂-equivalent saved and ~1.3 billion PET bottles rescued annually. Backed by state-level recognition (President Vučić cites it as a model diaspora business) and riding EU recycled-content directives (25% rPET by 2025, 30% by 2030
Date of Breach 2026-09-14T15:32:00+00:00
Discovery Date 2026-09-15T07:15:09.026597+00:00
Region BG
Target Domain balkanpolymers.com
Business Sector Manufacturing

 

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Disclaimer

HookPhish does not engage in the exfiltration, downloading, taking, hosting, viewing, reposting, or disclosure of any stolen information. All breach data reported here is sourced from publicly available threat intelligence feeds for awareness purposes only.

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