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Bulgaria's Sopharma ups stake in unit Sopharma Trading
07 Dec 2018Bulgarian drug trader Sopharma Trading said on Thursday that its majority owner - drug maker Sopharma has increased its stake in the company by acquiring 1,000 shares in two deals priced at 6.95 levs ($4.03/3.55 euro) per share.
Financial Regulator Oks DSK Bank Acquisition of Sogelife Bulgaria
06 Dec 2018Bulgaria's financial regulator said that it has granted approval to local lender DSK Bank to acquire 100% direct and indirect shareholding in insurer Sogelife Bulgaria, a unit of Societe Generale Expressbank. view more
Bulgaria's CCB Cuts Jan-Sept Cons Net Profit on Drop in Revenue
04 Dec 2018Bulgaria's Central Cooperative Bank (CCB) said that its consolidated net profit fell to 19.3 million levs ($11.2 million/9.9 million euro) in the first nine months of the year from 25.3 million levs in the same period of last year, following a decrease in revenue.
Bulgaria's Zagora Finacorp to Offer Services on 10 Foreign Markets
03 Dec 2018Bulgaria's Financial Supervision Commission said that it has informed the financial authorities of 10 countries in Europe that local investment intermediary Zagora Finacorp intends to offer its services on their respective markets. view more
Bulgaria's Neochim Turns to 9-Mo Cons Net Loss, Revenue Drops
30 Nov 2018Bulgarian chemical fertiliser producer Neochim said on Thursday that it turned to a consolidated net loss of 21.6 million levs ($12.5 million/11.0 million euro) in the first nine months of the year from a net profit of 8.0 million levs in the same period of 2017.
Bulgaria's Holding Varna 9-Mo Cons Net Profit, Revenue Rise
29 Nov 2018Bulgarian diversified group Holding Varna said on Wednesday that its consolidated net profit, excluding interest attributable to minority shareholders in the group's units, rose to 4.2 million levs () in the first nine months of the year from 3.8 million levs in the same period of 2017.
Bulstrad VIG Winning Tender Bid Challenged by Bulgaria’s OZK Insurance
28 Nov 2018Bulgaria’s antitrust regulator granted the appeal of local OZK Insurance against the ranking of the tender bids for providing insurance to Sofia's municipal bus operator and returned the winner’s bid of Bulstrad Vienna Insurance Group (VIG) for further clarification. view more
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Bulgaria's BG Agro Cuts 9-Mo Cons Net Profit on Higher Expenses
27 Nov 2018Bulgarian farming group BG Agro said on Monday that its consolidated net profit edged down to 4.4 million levs ($2.5 million/2.2 million euro) in the January-September period of 2018 from 4.9 million levs in the same period of last year, following a rise in expenses.