Bulgarian IT Industry Completive Globally, Boasts Revenue Growth
Bulgaria’s software industry is among the few left unaffected by the world pandemic.
One of the biggest Bulgarian software developers, Sirma Group Holding AD, is preparing an initial public offering (IPO) and an ensuing listing on the Bulgarian Stock Exchange (BSE-Sofia).
Tsvetan Aleksiev, CEO of Sirma Group Holding, described the IPO as a natural step in the development of the company, adding that it would be an opportunity to raise fresh capital, fast-track growth, and increase their presence on overseas markets.
The company seeks to raise its capital to BGN 65 837 156 from the current rate of BGN 49 837 156, according to a media statement.
Sirma Group Holding is to offer investors 16 million new shares at an issue price of BGN 1.20-1.65 per share.
Bulgarian brokerage Elana Trading is manager of the IPO.
The IPO prospectus is to be approved by Bulgaria’s Financial Supervision Commission.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
The price of retail lamb in Bulgaria has surged by 8.4% on an annual basis, according to statistics released by the Ministry of Agriculture and Food, with data sourced from SAPI indicating an average price of BGN 25.27 per kilogram as of April 10
In a concerning revelation, the ad hoc committee investigating the activities of Gleb Myshin uncovered that over the past three to four years, a staggering 343 candidates from the Russian Federation seeking Bulgarian citizenship were discovered to have su
As the summer season draws near, the issue of staffing in the tourism sector in Bulgaria comes to the forefront once again, with the workforce having to depend on individuals from foreign countries for yet another year
According to recent data from the Confederation of Independent Trade Unions of Bulgaria (CITUB), the financial strain on Bulgarian households continues to intensify
Deputy Minister of Transport and Communications, Anna Natova, announced the commencement of construction for an outdoor parking lot at Terminal 2 of Sofia Airport
The Nuclear Regulatory Agency (NRA) has greenlit the phased transition to a new type of nuclear fuel for Unit 5 of Kozloduy Nuclear Power Plant (NPP), manufactured by Westinghouse
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022