Tag Archives: Bulgaria

Sirma Group Holding Achieves Dual Market Presence Through Frankfurt Prime Standard and Bulgarian EuroBridge Listings

(IN BRIEF) Sirma Group Holding has begun trading in the Prime Standard segment of the Frankfurt Stock Exchange while maintaining its existing listing on the Bulgarian Stock Exchange through the EuroBridge segment, which allows simultaneous trading in Sofia and Frankfurt. … Read the full press release

ELKO Expands Smart-Garden Portfolio by Bringing Segway Navimow’s 2026 Robotic Mower Range to Seven Markets

(IN BRIEF) ELKO Group has been appointed as an authorised distributor of Segway Navimow’s wire-free, AI-enabled robotic lawn mowers across seven countries in the Baltics and Central and Eastern Europe, expanding the brand’s retail reach through ELKO’s Massive Retailer Channel … Read the full press release

UniCredit Recognized Across Europe as Transformation Strategy Delivers Award-Winning Results

(IN BRIEF) UniCredit has been named Bank of the Year in Italy for the third consecutive year and honored in five additional countries at The Banker’s annual awards in London. The recognitions affirm the Group’s ongoing transformation and its strengthening … Read the full press release

Integra Plastics conversion in Bulgaria to deliver premium recycled polypropylene with Borcycle M technology

(IN BRIEF) Integra Plastics AD, a Borealis group company based in Bulgaria, will convert its production facility to produce recycled polypropylene by October 2025, supported by the integration of Borealis’ Borcycle™ M mechanical recycling technology. The upgrade will enable the … Read the full press release

OTP banka Wins Best Bank in Slovenia 2025 as OTP Group Continues International Award Streak

IN BRIEF) OTP banka has been named Best Bank in Slovenia 2025 by Euromoney, recognizing its excellence in financial performance, innovation, and sustainability. CEO András Hámori attributed the honor to the dedication of the bank’s team and the trust of … Read the full press release

EBRD and ProCredit Bank Bulgaria Sign €14 Million InvestEU Deal to Expand Green Loans in Bulgaria and Greece

(IN BRIEF) The EBRD has signed a €14 million portfolio guarantee agreement with ProCredit Bank Bulgaria under the EU’s InvestEU programme, enabling the bank to offer more green loans to businesses in Bulgaria and Greece. This risk-sharing facility will support … Read the full press release

EIB to Guide Bulgaria in Decarbonizing Maritsa East Complex and Transitioning to Clean Energy

(IN BRIEF) Bulgaria has enlisted the help of the European Investment Bank (EIB) to support the decarbonization of the Maritsa East Complex, one of Europe’s largest coal-powered electricity sites. The EIB will work with Bulgaria’s Ministry of Energy to develop … Read the full press release

EIB Partners with Bulgarian city Burgas to Launch Cutting-Edge Scientific Campus to Support Local Universities

(IN BRIEF) The European Investment Bank (EIB) has signed an agreement with Burgas to provide advisory services for the development of a state-of-the-art scientific campus, which is set to open in 2027. The campus, which will serve four universities in … Read the full press release

EBRD Approves New Five-Year Strategy for Bulgaria, Focusing on Green Transition and Competitiveness

(IN BRIEF) The EBRD has approved a new strategy for Bulgaria, focusing on the green transition, competitiveness, and resilience through 2030. The Bank’s investments in Bulgaria have grown significantly, with a focus on sustainable infrastructure and private sector development. The … Read the full press release

Bulgaria’s Postbank Secures €75 Million EIB Guarantee to Bolster Mid-Sized Business Lending

(IN BRIEF) Bulgaria-based Postbank, a subsidiary of Eurobank Group, has secured a €75 million guarantee from the European Investment Bank to facilitate up to €150 million in additional loans for mid-sized companies. This risk-sharing agreement offers preferential financing terms, such … Read the full press release

EBRD and Partners Commit €103 Million to Major Solar Project in Bulgaria

(IN BRIEF) The EBRD, in partnership with Raiffeisen Bank International, is providing €103 million to fund a 237 MWp solar photovoltaic plant in southeastern Bulgaria, developed by Tenevo Solar Technologies. The project will generate over 300 GWh of electricity annually, … Read the full press release

EIB Group President Highlights Strengthened Partnership with Bulgaria to Drive Growth, Jobs, and Green Transition

(IN BRIEF) EIB Group President Nadia Calviño visited Bulgaria to discuss increased financing opportunities aimed at boosting economic growth, job creation, and the country’s green transition. In partnership with Bulgarian Deputy Prime Minister Lyudmila Petkova, the EIB Group plans to … Read the full press release

EIF Commits €40 Million to Boost Sustainable Agriculture in Europe

(IN BRIEF) The European Investment Fund (EIF) is allocating €40 million to support the European Agri Transition Fund, aimed at fostering a fairer, healthier, and more sustainable food system in Europe. Managed by INOKS Capital, the fund targets SMEs and … Read the full press release

Borealis Expands Circular Economy Commitment with Acquisition of Integra Plastics AD

(IN BRIEF) Borealis announces the successful acquisition of Integra Plastics AD, a Bulgarian advanced mechanical recycling player, solidifying its position in the circular economy landscape. Integra Plastics’ state-of-the-art recycling plant, with an annual capacity exceeding 20,000 tons, significantly bolsters Borealis’ … Read the full press release

Eurojust-Coordinated Operation Leads to Arrest of 22 Members of Human Trafficking Ring in Italy and Bulgaria

(IN BRIEF) Italian and Bulgarian authorities, with the support of Eurojust, have apprehended 22 individuals associated with an organized crime group (OCG) involved in human trafficking. The OCG exploited numerous female victims, coercing them into prostitution through deceptive promises of … Read the full press release

Driving Green Growth: HeavyFinance Secures €50 Million to Drive Sustainable Agriculture in Europe

(IN BRIEF) HeavyFinance announces a €50 million fundraising for a private credit fund aimed at supporting European agricultural SMEs with tailored finance solutions to advance decarbonization efforts. With the EIF committing €20 million as a cornerstone investor and support from … Read the full press release

EBRD and UniCredit Bulbank Partner to Support Tsenovo Solar Plant in Bulgaria

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is set to guarantee up to €25 million for a loan extended by UniCredit Bulbank to the Tsenovo solar plant in Bulgaria, marking the first greenfield renewable project financed under … Read the full press release

EIF Signs €2 Billion Guarantee Agreements to Boost SMEs and Green Transition in Bulgaria

(IN BRIEF) The European Investment Fund (EIF), a part of the European Investment Bank Group, has inked guarantee agreements with four Bulgarian banks, including Postbank (Eurobank Bulgaria), ProCredit Bank Bulgaria, UniCredit Bulbank, and United Bulgarian Bank, facilitating up to €2 … Read the full press release

EIB Backs Installation of Over 8,400 EV Charging Stations in Eastern Europe to Boost Clean Mobility

(IN BRIEF) The European Investment Bank (EIB) has committed a €40 million loan to Eldrive Holding GmbH, based in Austria, to establish 8,472 electric vehicle (EV) charging stations across Bulgaria, Lithuania, and Romania over the next three years. This project … Read the full press release

Coordinated Operation Across Four Countries Targets Online Trading Fraud Network Defrauding Millions

(IN BRIEF) Judicial and law enforcement authorities from Germany, Cyprus, Bulgaria, and Sweden collaborated in a coordinated action against an organized crime group suspected of online trading fraud. The criminal network operated fraudulent online trading platforms from call centers and … Read the full press release