Serbia Narrows the Gap: Pension Increases Bring Incomes Closer to Bulgaria
From December 1, pensions in Serbia rose by 12.2%, bringing the average pension for retirees to 485 euros
Society | December 12, 2025, Friday // 23:00
Bulgarian Drug Distributor Sopharma Trading AD Expands into Serbia
Business | June 4, 2015, Thursday // 12:21
- Tweet
Send to Kindle
Photo by amitystudio.com
Sopharma Trading AD, a leading Bulgarian distributor of pharmaceuticals, is expanding into Serbia, according to a media statement of the company to the Bulgarian Stock Exchange-Sofia (BSE-Sofia).
The company plans to register a company called Sopharma Trading d.o.o. Belgrade active in the field of consultancy services related to business operations.
Sopharma Trading AD registered 5.25% year-on-year growth in its net profit in the first quarter of 2015, reaching a rate of BGN 3.571 M, according to the consolidated financial statement of the company submitted to the BSE-Sofia.
At the same time, sales revenues went up by 6.33% on the year to BGN 153.079 M.
The company says that it has chosen the Serbian market because it has been described as one of the most prosperous markets for investments in Central and Southeastern Europe in a number of surveys, including by the United Nations Conference on Trade and Development (UNCTAD).
The subscribed capital of the Serbian unit of Sopharma Trading amounts to RSD 11 M (around BGN 162 177), according to the media statement of the company, as cited by investor.bg.
The Serbian unit of the Bulgarian drug distributor will be managed by Milos Ristic.
The main activity of Sopharma Trading is related to the retail and wholesale sale of pharmaceuticals, sanitary products, food supplements, and cosmetics.
The company boasts 100% national coverage and four distribution centers, including in Sofia, Varna, Plovdiv, and Veliko Tarnovo.
Related Articles:
Sofia Signals Vigilance over Bulgarians in Western Balkans amid Tensions with Serbia and North Macedonia
Foreign Minister Georg Georgiev told parliament that Bulgaria is following the situation of its communities across the Western Balkans with particular focus and, at times, concern
Serbia’s Only Refinery Shuts Down: U.S. Sanctions Spark Energy Crisis
Serbia’s only operational oil refinery, located in Pančevo, has ceased production and shifted to so-called “warm circulation”
Analyst Warns EU May Urge Bulgaria to Halt Gas Supplies to Serbia Amid Energy Tensions
Analyst Vladimir Vladimirov warned that the European Commission could ask Bulgaria to halt gas supplies to Serbia as early as next year
Clashes in Belgrade as Protests Over Novi Sad Tragedy Reignite Anti-Government Anger
Tensions flared in the heart of Belgrade on Sunday as protesters and supporters of President Aleksandar Vucic clashed in front of Serbia’s parliament building
Shooting, Blaze, and Panic in Central Belgrade: Tensions Boil Over at Pro-Government Camp
The center of Belgrade was cordoned off on Wednesday morning after gunfire erupted near the Serbian Parliament
BREAKING: Drone-Struck Russian Tanker Almost Crashes on Bulgarian Coast
A Russian-flagged tanker, identified as the KAIROS, has run aground near the Bulgarian coast close to Ahtopol following a drone attack by Ukraine in the Black Sea
Business | December 5, 2025, Friday // 20:33
Bulgarian Pork Dominates Market, Imports Fill Gaps Without Affecting Taste
Nearly 60% of the pork available on the Bulgarian market comes from domestic producers
Bulgaria Prepares for Euro Transition: Expert Warns of Counterfeit Risk and Change Challenges
Financial expert Max Baklayan has warned that the main risk in Bulgaria’s transition to the euro is not the exchange rate, but the increased likelihood of counterfeit currency
Migrant Entrepreneurs Call for Smarter Policies to Boost Bulgaria’s Economy
On the occasion of International Migrants’ Day on December 18, migrant business owners in Sofia released a Manifesto of Foreign Entrepreneurs in Bulgaria
Business | December 4, 2025, Thursday // 15:10
Bulgarian-American Credit Bank Cleared to Acquire Majority Stake in Tokuda Bank
The Governing Council of the Bulgarian National Bank (BNB) has granted preliminary approval to Bulgarian-American Credit Bank AD (BACB) to acquire a controlling stake in Tokuda Bank EAD
Bulgaria Faces Structural Budget Deficit, Economist Warns
Economist Dimitar Chobanov has warned that the current policies are pushing Bulgaria’s budget toward a structural deficit that is already becoming apparent
