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.
Sofia-bound traffic along Struma motorway is slow, drivers have been posting on Facebook. Drivers in this region should drive carefully due to the challenging weather conditions. The Road Infrastructure Agency has announced no roads in the..
Caretaker PM Dimitar Glavchev has met in Sofia with acting Assistant Secretary for International Affairs at the Department of Homeland Security Adam Hunter. During the meeting it was acknowledged that the US remains engaged in the partnership process..
Half of Bulgarians consider adapting to climate change to be a national priority, indicates a European Investment Bank (EIB) poll. First-hand experiences of extreme weather events add to the sense that urgent action is required. 94% of the..
The chairman of the Bulgarian Socialist Party-United Left urged the political forces in the new parliament to put their party selfishness aside so..
A government can be formed without DPS – A New Beginning, the Alliance for Rights and Freedoms, Vazrazhdane and MECH. All others can form a..
After two rounds of voting, the 51 st parliament failed to elect a National Assembly president. None of the candidates nominated – Natalia..
Overcast, rain
Scattered showers
Rain / Snow
Rain
Cloudy
Cloudy