Eurohold (4EH BU) to invest BGN 530m in CEZ Bulgarian assets by 2023 in the case it acquires them, the Company announced during a press conference yesterday. The Group, via its subsidiary Eastern European Electric B.V. (EEE), will invest in quality improvement, introduction of smart technologies, cut-down on electricity leaks and connection of renewable energy sources to the grid.
The leading index on the Bulgarian Stock Exchange, SOFIX, recorded first annual decline since the euro crisis in 2011 with – 11.8% in 2015.
Insurance & leasing holding Eurohold Bulgaria reported 78% increase y-o-y in revenues as of June 2015. This is what the Q2 corporate earnings report, prepared by ELANA Trading analysts, showed.