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.
“We Continue the Change/Democratic Bulgaria (PP/DB) will not take part in today’s vote of no confidence in the government of Rosen Zhelyazkov,” said PP co-chair Kiril Petkov. “The motion of no confidence we shall submit after the accession date for..
A Sofia municipality plan for the development of Mount Vitosha envisages improving transport connectivity and year-round access to the mountain. The most important thing is for Vitosha to be integrated into the city, Sofia mayor Vassil Terziev..
The oil slick between waterbreakers 2 and 2 on the beach in Varna has been cleaned up, there is no oil in the sea water either, indicate the results of an inspection by the commission appointed by order of the regional governor. However, small oil..
Bulgarians have traditionally had a deep respect and gratitude for domestic animals. For generations, horses, oxen, donkeys and cows have been..
It is 21 years today since the tragedy in the River Lim on the border between Serbia and Montenegro, in which 12 Bulgarian children were killed. On..
The President of Bulgaria, Rumen Radev, and the King of Jordan, Abdullah II, are hosting the Aqaba Process Summit, which focuses on the Balkans and brings..
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