Bulgaria's Sopharma Increases Own Shareholding Bulgarian drug maker Sopharma [BUL:3JR] said on Tuesday that it repurchased 1,690 own shares at a weighted average price per share of 4.15 levs ($2.46/2.12 euro) on September 17. view more

Velocity Completes PEA on Rozino Gold Project in Bulgaria, Expects IRR of 33.1% Canadian mineral exploration and development company Velocity Minerals said on Monday that it has completed an independent preliminary economic assessment (PEA) on its Rozino gold project in Bulgaria, envisaging an after-tax internal rate of return (IRR) of 33.1% and an after-tax NPV5% of $129 million (110 million euro). view more

Bulgaria's ESO Opens 1.3 Mln Euro Power Line Repair Tender Bulgaria's Electricity System Operator (ESO) said on Friday that it has opened a 2.5 million levs ($1.5 million/1.3 million euro) tender for the repair of a 23-kilometer 110 kV power line. view more

Bulgaria's Trace Group Hold Launches Share Repurchase Programme Bulgarian construction company Trace Group Hold said that it has launched a share repurchase programme targeting 100,000 own shares, equal to 0.41% of the company's capital.
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Bulgaria's EIG Gets Regulatory Nod to Acquire Majority Stake in Georgia's IC Group Bulgaria's Euroins Insurance Group (EIG) said on Wednesday that it has received regulatory approval to acquire a majority stake in Georgian insurer IC Group for an undisclosed price. view more

Bulgargaz Proposes 13.89% Hike in Wholesale Gas Price in Q4 Bulgarian public gas supplier Bulgargaz said that it has proposed a 13.89% increase in the wholesale price of natural gas, to be valid in the fourth quarter of 2018. view more

Bulgaria-Active Retailer Maxima Grupe Places Five-Year 300 Mln Euro Bond Lithuanian retailer Maxima Grupe, which is active in Bulgaria through its T-Market brand, has placed a five-year 300 million euro ($347 million) bond, its Bulgarian unit said on Monday. view more

Bulgaria's Gradus Records 6.6 Mln Euro Cons Net Profit in H1 Bulgarian poultry producer Gradus [BUL:GR6] said it recorded a consolidated net profit of 12.9 million levs ($7.7 million/6.6 million euro) in the first half of 2018. view more

Bulgaria Eyes Launch of Direct Flights to India - President Radev Bulgaria is interested in launching direct flights to India, Bulgarian president Rumen Radev has said. view more

Fibank Leads Sofia Bourse Blue-Chip Gainers, Share Indices Rise The shares of First Investment Bank (Fibank) [BUL:5F4] led the blue-chip gainers' list on the Bulgarian Stock Exchange on Tuesday, after gaining 2.56% and closing at 4.0 levs. view more