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.
On January 6, Epiphany, Bulgarians celebrate 177 years since the birth of poet and revolutionary Hristo Botev. On this occasion, the atmosphere in Kalofer - Botev's hometown, is special, Dimitar Vladimirov from Radio Plovdiv has..
The President has postponed the handing over of the first exploratory mandate for forming a government to GERB until January 13. Before the Epiphany ceremony in Sofia, Rumen Radev announced that the parliament should adopt a..
In sub-zero temperatures, nine Bulgarians jumped into the icy waters of Lake Michigan for the Epiphany cross, the Consulate General of Bulgaria in Chicago announced on its Facebook page. The cross was retrieved by 18-year-old Danail..
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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