New research report: ELANA Agrocredit’s business grows with higher demand for land

With investments of ca. BGN 60M since inception and favorable leasing conditions, ELANA Agrocredit’s lean business model is successfully financing small farmers. With strong demand for land and expected ongoing land appreciation in Bulgaria, it is set for growth, at the same time delivering higher than market’s average yields for its investors.

Sirma Group Holding

Sirma H1 2018: Net income nearly 60% up

IT company Sirma Group Holding expanded consolidated top line 29.4% y/y to BGN 28.5m, net income surged 58.9% y/y to BGN 2.8m in H1 2018, according to latest interim financials published by the Company. Sales in Sirma’s top market in Europe added 69.7% y/y to BGN 18.9m, with Bulgarian sales alone advancing 50.9% y/y to BGN 13.5m.