Valea Foundation owned by the Czech entrepreneur Karel Komarek participated in the capital increase of First Investment Bank- Fibank. Valea Foundation acquires 7.9% of the Fibank’s shares. The Bulgarian Development Bank acquires almost 18% of the bank’s shares. The investors have already paid for their shares. The capital increase of Fibank is a condition for Bulgaria to apply for accession to the Eurozone’s waiting room (ERM II) and the Banking Union. This is our first portfolio investment in Bulgaria, which is a promising and fast-growing EU country, Paul Schmidt- member of the Board of Directors of Valea Foundation said.
The first group of Bulgarian citizens evacuated from Lebanon with the help of Canada came home last night, the Bulgarian Foreign Ministry has announced. This took place in close coordination between the Foreign Ministry’s Situation Centre, the..
On Saturday, the lowest temperatures will be between 14 and 19°C; in Sofia - about 16°C. In the western regions, the highest temperature will be 19-20°C, while in the eastern regions of the country the temperature will reach up to..
The Court of Justice of the EU has overturned part of European legislation requiring trucks for international transport to return every two months to the carrier's base. With its decision, the institution confirmed all other..
Charges of trading in influence are to be brought against Dzheyhan Ibryamov after decisions were made to strip him of his immunity from prosecution..
If the general elections were to be held at the beginning of October, 6 parties and coalitions would enter the Bulgarian parliament, a Market Links..
We must be prepared for the worst-case scenario because the situation is escalating after Iran’s direct attack against Israel, said caretaker Minister..
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