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.
Research ship "Sts. Cyril and Methodius" has departed from Varna after a solemn ceremony. In its fourth voyage to Antarctica the ship is expected to reach the Bulgarian Antarctic base on Livingston Island by the end of December and..
The Sofia Police announced that they will use drones to monitor fans before and during the football match between Levski and CSKA, which will be held on Saturday at 3:00 p.m. at the Vasil Levski National Stadium. There will be..
The overall consumer confidence index in October 2025 fell by 4 points compared to July, the National Statistical Institute has reported. In July, the indicator decreased by 4.7 points compared to April. In October, there was an..
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 Road Infrastructure Agency (RIA) has proposed the introduction of temporary restrictions on the movement of heavy trucks weighing over 12 tons along..
November 10 marks 36 years since the symbolic beginning of the transition from a one-party system to democracy in Bulgaria. The day..
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