Veselin Mareshki (photocredit: BGNES)

Mareshki, leader of Bulgarian nationalists’ party, lists a pharma company Pharmhold

Veselin Mareshki, leader of the Bulgarian nationalists’ party, lists Pharmhold (2PH BU), according to a notice by the Bulgarian Stock Exchange. Mareshki road to listing The Company has been aiming to list since 2015. Finally it received the right to apply for listing after battling the regulator’s denial to approve it as a public company… Read more


Medica and Sopharma signed a revised merger agreement

Leading generic pharma producer Sopharma (3JR BU) and medical consumables producer Medica (5MA BU) signed a revised merger agreement, according to a regulatory filing with the stock exchange. Medica shareholders are getting 0.8831 Sopharma shares The revised agreement followed recommendations from the Financial Supervision Commission (FSC) based on the initial agreement filed for approval. Both… Read more

Financial Supervision Commission

Financial Supervision Commission proposes introduction of semiannual dividends

Bulgarian Stock Exchange-listed to pay semiannual dividends, according to latest statutory changes proposed by the Financial Supervision Commission. The changes to the Public Offering of Securities Act have been published for public consultation. They entail listed companies to be able to distribute semiannual dividends if the latter has been stipulated in the company’s incorporation documents… Read more

Asset Review: Bulgarian insurance companies and pension funds are stable

The Insurance Balance Sheet Review and Pension Funds Asset Review of the Bulgarian insurance and pensions sector showed stability, this was announced at the presentation of reports at a press conference on 3 February 2017 given jointly by the Bulgarian Financial Supervision Commission and the European Insurance and Occupational Pensions Authority (EIOPA). The Insurance Balance… Read more