Bulgarian unmanned aerial systems developer, Dronamics, plans to raise up to BGN 5.3m via an IPO of its wholly owned subsidiary – the special purpose company Dronamics Capital.
Courier services company Speedy shareholders voted BGN 1.20 DPS at the Company’s general shareholders’ meeting held on 26th June, 2018. Speedy will distribute BGN 6.5m of its BGN 8.4m FY2017 net profit. The dividend yields 3% at current quotes.
Following completion of extensive investment program, leading courier in Bulgaria – Speedy, embarks on optimizing costs and new assets utilization. Initial efforts turn into better margins despite deceleration in top line growth, yet profitability to further improve on strengthened Romanian operations.