Bulgaria’s Financial Watchdog Rejects IPO Prospectus of Roo’bar Producer
Bulgaria’s Financial Supervision Commission (FSC) has refused to approve the IPO prospectus of Smart Organic AD, a producer and distributor of organic products.
The Bulgarian Stock Exchange-Sofia (BSE-Sofia) has reported a 68% decrease in turnover to BGN 250,6 M on the year in the first half of 2015.
June 2015 brought a 65% decrease on the year to BGN 26,4 M, according to data of BSE-Sofia.
June was the last month with the active participation of collapsed lender Corporate Commercial Bank (KTB, Corpbank) in the Bulgarian Stock Exchange and the turnover of the bank stood at BGN 31,7 M and at BGN 187 M for the first half of 2014.
KTB was among the top three generators of turnover of the BSE-Sofia over a period of six years, the two others being Bulgartabac Holding AD, and Petrol AD.
The turnover of BSE-Sofia of BGN 26.4 M in June failed to reach the absolute bottom of BGN 23,2 M for the past ten years reached in July 2014, according to investor.bg.
Sofia continues to dominate Bulgaria's housing market, securing the top spot for the third consecutive year in the construction of large residential properties.
According to the latest data from the Bulgarian National Bank (BNB), the number of individuals in Bulgaria holding bank deposits of over 1 million BGN continues to rise steadily—at an average rate of one new millionaire depositor per day.
Bulgarian MPs in a temporary road safety committee supported a proposal to deny annual car inspections (GTP) to drivers with unpaid traffic fines.
Prime Minister Zhelyazkov: “Fastest-Adopted Governance Program in History – Finalized in Just 38 Days”
Bulgaria has accelerated in embracing digital technology, with 84% of its population actively involved on the internet.
Plovdiv has emerged as the most dynamic regional office market in Bulgaria, with over 237,000 square meters of Class A and B office space, according to the latest “Offices in Regional Cities in Bulgaria” report published by Colliers International.
Google Street View Cars Return to Bulgaria for Major Mapping Update
Housing Prices Soar in Bulgaria’s Major Cities as Demand and Supply Strain Increase