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.
''Russia continues to disturb satellite and Radio Navigation Satellite System (RNSS) signals, affecting European countries’ critical infrastructure and services'', Bulgaria’s Ministry of Foreign Affairs wrote on X. Von der Leyen’s plane..
On Tuesday, minimum temperatures will range from 8 to 13°C , with Sofia seeing around 9°C. Rain is expected across the country, with heavier showers in north-eastern and central Bulgaria. Yellow alerts have been issued for twelve regions and orange alerts..
The Road Infrastructure Agency (RIA) has proposed the introduction of temporary restrictions on the movement of heavy trucks weighing over 12 tons along the country’s busiest motorways — Trakia, Hemus and Struma— during official holidays in 2026. The..
The Sofia City Court has postponed the extradition case of Igor Grechushkin, the owner of a cargo ship linked to the explosion at the port of Beirut in..
The amount of the average social security income for the country for September 2025 is 962.25 EUR and the amount of the average monthly social security..
Bulgaria’s Energy Minister, Zhecho Stankov, has reassured citizens and businesses that the country’s fuel supplies are sufficient to last for an extended..
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