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.
The full accession of Bulgaria and Romania to Schengen is one of the most significant events for the region, Deputy Prime Minister and Minister of Transport and Communications Grozdan Karadzhov said during the fifth edition of the Sofia Economic..
Schengen is the key word for 2024 for Bulgaria. With 37% of the votes, the Luxembourg village, which has become a symbol of borderless travel within the EU, topped the rankings in a survey conducted by the literacy and spelling platform "How to Spell"...
Bulgaria will continue to help Ukraine in line with the decision of the National Assembly , Defence Minister Atanas Zapryanov told bTV. "We will continue to support Ukraine as we have done so far. What we have done is based on the decisions of..
There are 1,300 vacancies in the National Railway Infrastructure Company, or about 10% of the jobs - mainly for mechanics, traffic..
On Wednesday in the morning hours when temperatures will be slightly below zero, there will be conditions for black ice to form. The..
The new Minister of Foreign Affairs of Bulgaria, Georg Georgiev, has held his first telephone conversation with the High Representative..
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