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 National Assembly adopted today, at first and second reading, legislative amendments that expand the powers of the special manager of the Lukoil refinery. The texts were adopted with the votes of the parliamentary majority formations GERB-SDS,..
Sales of starter sets with euro coins with the Bulgarian national side will begin on December 1, 2025 , the BNB announced. They will be in circulation from January 1, 2026. The BNB and Bulgarian Posts will sell starter sets only to individuals;..
Prime Minister Rosen Zhelyazkov will take part in the solemn celebrations on the occasion of the 140th anniversary of the Serbo-Bulgarian War, which will be held on November 7 - Victory Day in the Battle of Slivnitsa. The ceremony..
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..
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..
Overcast, rain
Rain
Partly cloudy, chance of rain