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Sofia Bourse Starts Feb in Red as Fibank Gives Up Part of Gains
04 Feb 2019The Bulgarian Stock Exchange blue-chip index ended the first trading session of this month 0.30% lower at 583.98 points, dragged down by a 4.58% plunge in the share price of First Investment Bank (Fibank).
Bulgaria's Fibank Grows 2018 Profit on Asset Sales, Shares Jump
01 Feb 2019Bulgaria's First Investment Bank (Fibank) said its individual net profit rose in 2018 by 83% to 156.6 million levs ($92 million/80 million euro) on the back of a sizable increase in revenue from asset sales.
CEZ Distribution Bulgaria Net Profit Plummets on Revenue Drop
31 Jan 2019Power distributor CEZ Distribution Bulgaria, majority owned by Czech power utility group CEZ, said on Wednesday that its net profit declined 82.9% year-on-year to 4.6 million levs ($2.7 million/2.3 million euro) in 2018, following a drop in revenue.
Bulgaria's Odessos Shiprepair Yard Lowers 2018 Profit on Higher Expenses
30 Jan 2019Bulgaria's Odessos Shiprepair Yard said on Tuesday that its net profit fell to 1.8 million levs ($1.1 million/920,000 euro) in 2018 from 2.9 million levs the year before, following an increase in expenses. view more
Bulgaria's Gradus Gets 13.9 Mln Euro from Dividends in 2018
29 Jan 2019Bulgarian poultry producer Gradus said on Monday that its has received 27.2 million levs ($15.9 million/13.9 million euro) in dividends from its units in 2018, in line with its forecast.
Bulgaria's St Nikola Wind Farm Extends Unplanned Outage
28 Jan 2019Bulgaria's largest wind farm - the 156 MW Saint Nikola, operated by AES Geo Energy - has extended the duration of its unplanned outage to January 29 from January 21, the Independent Bulgarian Energy Exchange (IBEX) said. view more
Varroc Lighting Systems Opens 4.1 Mln Euro Plant in Bulgaria - Econ Min
24 Jan 2019US-headquartered automotive lightning solutions provider Varroc Lighting Systems officially opened an 8.0 million levs ($4.64 million/4.1 million euro) manufacturing plant in Bulgaria on Wednesday, the economy ministry said. view more
ALC Bulgaria Ceases Production Activities, Files for Liquidation
23 Jan 2019South Africa's Automotive Leather Company (ALC) Group has ceased car seat cover production in Bulgaria and plans to liquidate its subsidiary in the country, ALC's Canada-based parent Exco Technologies said. view more
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Bulgaria's Sirma Group extends deadline for cap hike subscription
22 Jan 2019Bulgarian software developer Sirma Group Holding has extended the deadline for the subscription of its 39.57 million levs ($23 million/20.2 million euro) capital hike to February 15 from January 21, it said on Monday.