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.
Today we mark 80 years since the so-called "Bloody Christmas". On January 7, 1945, the mass killing and mistreatment of thousands of Bulgarians in Vardar Macedonia began because of their Bulgarian identity. The bloodbath was prepared..
On Tuesday morning, there will be fog or low layered clouds along the Danube and in the valleys. Before noon it will be mostly sunny. In the afternoon, the cloudiness will increase and by the evening it will become significant. The..
The past year 2024 was the warmest year for Bulgaria since 1930. This is shown by the analyses of the National Institute of Meteorology and Hydrology. 2024 had an average temperature for the country of about 2.1 °C above climate norms and..
From 2 April 2025, the UK will introduce the issuance of an electronic transit and short-term residence permit for citizens of all EU countries ,..
The metapneumovirus is not new and does not lead to severe illnesses. There is already a decrease in morbidity in China and there are no deaths there,..
A protocol for cooperation and exchange between the Ministries of Education and Science in Bulgaria and Ukraine for 4 academic years until 2028 was..
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