bg
Monbat sells its German subsidiary, Dronamics obtains an operational license
Monbat to sell German battery cell unit to UK Britishvolt
Allterco’s Q1’22 sales increased 26% y/y
Allterco’s (A4L) Q1’22 consolidated sales revenue from IoT devices (incl. related services) jumped 26.2% y/y to BGN 17.4m, according to Company’s preliminary data
Sin Cars Industry received homologation for a small series of electric vehicles
Sin Cars Industry’s (SIN) L City Koffer S electric vehicle received its first road traffic registration on April 6th after obtaining homologation for the production of a small series (20-30k units per annum) of the vehicle and successfully passing the WLTP test (Worldwide Harmonized Light-Duty Vehicles Test Procedure) in the laboratory of TUV SUD in Stuttgart.
TBS Group expects growth to slow down in 2022
Telelink Business Services Group’s (TBS Group) FY2022 top line is expected to grow 13% y/y to BGN 186m, according to the Group’s Spring 2022 strategic guidance for the 2022-2026 period.
Telematic Interactive Bulgaria started trading
Telematic Interactive Bulgaria, operator of online casino and betting platform Palms Bet (top 3 in Bulgaria) began trading as of 22nd March opening at BGN 50.20 pps.
Telelink’s FY21 revenue increased 22% y/y, while expectedly profits remained flat
Leading Bulgarian system integrator, Telelink Business Services Group (TBS), reported 22% y/y growth in FY21 revenue to BGN 165.7m, slightly lower than the managerial guidance (BGN 170.9m).
Sopharma’s 2021 bottom line quadrupled
Sopharma’s (SFA) 2021 total consolidated revenue increased 14.1% y/y to BGN 1.66 b. The growth in sales of finished products in Bulgaria is 9.4% y/y.
Agria doubles its net profits in 2021
Bulgarian grain producer and trader, Agria Group Holding (AGH) has witnessed an impressive growth on its top and bottom lines on increasing grain prices and the abundant harvest in Northeastern Bulgaria.
Telematic raised BGN 16m in the first Bulgarian IPO for 2022
Telematic Interactive Bulgaria, operator of online casino and betting platform Palms Bet (top 3 in Bulgaria), raised BGN 16m via the first IPO for 2022 on the Bulgarian Stock Exchange
Sopharma’s Jan’22 domestic sales soared more than 4 times y/y
The pharmaceutical company Sopharma (BSE-Sofia: SFA; Warsaw Stock Exchange: SFA) recorded a 51% y/y increase in sales in January 2022 (vs 10% y/y growth in Jan’21).
