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Bulgaria's Green Town Projects to Seek to Raise 4 Mln Euro in IPO
08 Feb 2019Bulgaria's Green Town Projects said that it intends to launch an initial public offering (IPO) on the Bulgarian Stock Exchange, aiming to raise 8 million levs ($4.6 million/4.1 million euro). view more
Bulgaria's Biodit to Offer 2.2 Mln Shares in Sofia IPO, Changes Name
07 Feb 2019Bulgarian biometric identification security solutions developer Biodit Global Technology said that its shareholders have approved the management's proposal to offer 2.2 million shares for subscription in an initial public offering (IPO) on the Bulgarian Stock Exchange (BSE). view more
Bulgaria's Asarel-Medet Planning to Spend 100 Mln Euro on Share Buyback
06 Feb 2019Bulgarian copper mining company Asarel-Medet said that it is seeking the approval of its shareholders to launch a share repurchase programme, worth up to 100.5 million euro ($114.9 million), targeting up to 14.7% of its own capital. view more
Anti-Trust Body Slaps 7.7 Mln Euro Fine on Metro Cash and Carry Bulgaria
05 Feb 2019Bulgaria's Commission for Protection of Competition (CPC) said on Monday that it has imposed a 15 million levs ($8.8 million/7.7 million euro) fine on retailer Metro Cash and Carry Bulgaria over illegal comparative advertising. view more
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.
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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