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Bulgaria's FSC adopts 1% countercyclical buffer for brokerages from Apr 2020
09 Apr 2019Bulgaria's Financial Supervision Commission (FSC) said that, in line with a recent decision by the central bank, it has endorsed a 1% countercyclical capital buffer rate applicable to credit risk exposures of local investment intermediaries, which will become applicable as of April 5, 2020. view more
Sofia Stock Indices End Lower, Trade In IHB Forms Bulk of Turnover
05 Apr 2019Bulgarian Stock Exchange indices closed lower on Thursday, as half of the total trading turnover during the session was formed by deals in Industrial Holding Bulgaria (IHB) shares.
Bulgaria's Holding Varna Buys 10.64% Stake in Sv. Sv. Konstantin i Elena Holding
04 Apr 2019Bulgarian hotel operator Sv. Sv. Konstantin i Elena Holding said that diversified group Holding Varna has increased its stake by acquiring 245,750 shares in the company at a weighted average price of 13.44 levs ($7.72/6.87 euro) apiece.
Eurohold Bulgaria Leads Sofia Bourse Blue-chip Decliners After CEZ Bid Notice
03 Apr 2019Financial and insurance group Eurohold Bulgaria fell most among Bulgarian Stock Exchange blue chips on Tuesday, closing 2.63% lower at 1.85 levs.
Bulgaria's HPP Chaira Closes Engine–generator for Six-day Emergency Repairs
02 Apr 2019Bulgarian pumped-storage hydro power plant (HPP) Chaira has launched emergency repairs of an engine-generator unit following its breakdown on March 30, the Independent Bulgarian Energy Exchange (IBEX) said on Monday. view more
Eurobank Bulgaria Gets Prelim C-bank Nod to Acquire Piraeus Bank Bulgaria
01 Apr 2019Bulgaria's central bank said that it has granted preliminary approval to Eurobank Bulgaria to acquire a 99.9819% stake in Piraeus Bank Bulgaria. view more
Sofia Stock Indices Close Lower as Eurohold Shares Plunge 8.11%
29 Mar 2019Bulgarian Stock Exchange indices ended lower on Thursday as financial and insurance group Eurohold Bulgaria erased 8.11% of its share price to 1.70 levs. view more
Bulgaria's ESO Opens 1.8 mln Euro Tender For Repair of 110 kV Power Line
28 Mar 2019Bulgaria's Electricity System Operator (ESO) said on Wednesday that it has launched a tender for awarding a contract for rehabilitation of a section of 110 kV overhead transmission line Ayazmo, in the city of Stara Zagora, worth an estimated 3.5 million levs ($2 million/1.8 million euro).The contract envisages upgrade of the line connecting power substations Samara and Trayana, ESO said in a tender notice. view more
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Bulgaria's ContourGlobal Maritsa East 3 Signs Fuel Supply Deal With Sallina 7
27 Mar 2019ContourGlobal Maritsa East 3, which operates Bulgaria's thermal power plant (TPP) Maritsa Iztok 3, said that it has signed a 4.3 million levs ($2.5 million/2.2 million euro) deal with local fuel trader Sallina 7 for supply of heavy fuel oil. view more