Central cooperative bank transferred its share in Industrial holding Bulgarian to a person, connected with the TEAM group, The same controls Chimimport holding, which is the bank direct owner. CCB sold 5.35 % from the holding, The transfer of the package was realized in the last but one day of the stock trade for the last year- 22 December.
Source: Dnevnik (13.01.2009)

Mutual funds lost BGN 410.8 million for a year and by January 31, 2009, their net assets were BGN 327.8 million, data of the Association of Managing Companies and calculations of Pari daily showed. Only for the first month of 2009, the collective investment schemes lost BGN 7.5 million. In January, the tendency from 2008 investors to draw their money from the funds in cases of slump on the stock market was confirmed, brokers commented.
Source: Pari (05.02.2009)

The colossal restructuring, which is taking place in the companies of Chimimport’s orbit has begun to take a concrete form. The ex-privatization fund holding Varna has turned into a tourist section, as it purchased 52 % of Saint saint Constantine and Elena holding. Deals that were the holding’s proposition were registered at Friday. Among its target, which has already accepted the offer are: Andezit(27%), and Ital commerce 75 (20%).The first company is a subsidiary of the extraction company Eskana, which is managed by the major owner of TIM-connected television M Sat Ventsislav Evstatiev. The second is set in Chimimport’s subsidiary bank CCB in return of a EUR 43 mln- loan and is owner of Viaggo air, which was about to merge with one of Chimimport’s air companies Hemus air. The sole big shareholder, which did not, accepted the offer is Renatapck, which through its subsidiary Abas holds 45 % of Holding Varna itself. Before the offer was made, holding Varna possessed slightly more than 5 % of the resort company’s capital, as at present its share has risen to 57 %. The price at which the other shares were bought is BGN 9.97, a generally accepted low one. The Money for the deal’s financing were ensured by two rises in the holding’s capital. In the first case Chimport entered as a co-owner with 21 %, while in the second this was followed by Chimimport invest with 19 %. In that way BGN 120 mln were poured into the holding, which had been planned for its restructuring. Ivo Kamenov, Chimimport’s executive director, pointed out that the investment was entirely financial and that its purpose was gain. He added that Holding Varna is planning to turn into a serious tourist holding, which interests are directed both at the summer and winter tourism. According to financial statement’s notes, it had purchased Golf plus, which is in process of constructing a golf ground near Bansko and Ravda tour, which is in possession of a recreation village in Ravda. At the same time textile company in Holding Varna’s structure Orel Razgrad is accounted as a financial asset for sale. Saint Saint Constantine and Elena is the operator of the resort of the same name, as well as the owner the majority of hotels, situated there. Besides, the company possesses yacht port Marina Balchik.
Source: Capital (11.02.2009)

The shares of Bulgarian River Shipping Company (BRSC) will be taken out of two Dow Jones indexes: DJ STOXX Easter Europe TMI Small and DJ STOXX EU Enlarged TMI indexes as of February 18, 2009, the index operator stoxx.com announced. No deals with stocks of the company were registered yesterday.
Source: Pari (17.02.2009)

The blue-chip Sofix added 4.71% to 322.56 basis points. The broader BG40 of the most traded stocks appreciated 4.67% to 94.36 points. BGTR30 of the best performers in total return jumped by 6.39% to 238.73 points. BGREIT of real estate investment trusts dropped by 0.35% to 40.27 basis points. The total turnover was BGN 3.367 million and market capitalisation rose to BGN 10.471 billion.
Source: Pari (17.04.2009)

The indexes of the Bulgarian Stock Exchange (BSE) continued falling on Friday. Only BGREIT of real estate investment trusts edged up slightly, 0.71% to 39.54 points. The blue-chip Sofix lost 1.97% of its value, closing at 347.31 points. BGTR 30 of the best performers in total return slumped to 255.44 points, while the broader BG40 dropped 0.74% to 99.20 points. The market turnover amounted to BGN 1.03 million. The most traded stock on Friday, Chimimport, fell 4.68% to BGN 2.24 per unit.
Source: Pari (27.04.2009)

The company is registered in Territorial administration Big taxpayers and insurers towards 2009, 04.30
Source: Tax Administration (30.04.2009)

The green wave on the international stock markets swept over Bulgarian Stock Exchange (BSE) and all four indexes grew. The blue-chip Sofix jumped the most by 6.51% to 381.85 points. BGTR30 of the best performers in total return added 5.66% to its value and closed at 277.23 basis points. The broad BG40 of the most traded stocks rose by 3.22% to 102.81 points. BGREIT of real estate investment trusts gained 1.85% to 39.71 p.
Source: Pari (08.05.2009)

Data of Bulgarian Association of Managing Companies show that net asset value of mutual funds grew by BGN 15 million in April to over BGN 317 million. The main reason is the asset growth on Bulgarian and foreign stock markets. Last month Sofix, the leading Bulgarian index, added 28% to 358.51 points. Raiffeisen Asset Management is the leader with BGN 43.8 million. Only three of the companies registered a drop.
Source: Pari (12.05.2009)

Board of Directors of Central Cooperative Bank JSC will offer its shareholders to transfer the profit from last year to the Reserves Fund at the general shareholders meeting on June 30. CCB published its annual consolidated report for 2008, which shows a net profit of BGN 7 mln as compared to BGN 6.8 mln a year earlier. The net interest income is BGN 17.6 mln, which is 15 per cent higher from 2007. The bank reported a net profit of BGN 7.03 mln for the first quarter of 2009, which is 4.8 per cent higher from the same period of 2008.
Source: investor.bg (22.05.2009)

A total of 644,000 shares, or 99.07% of the capital of Serdika Properties REIT , changed hands in a single transaction on the Bulgarian Stock Exchange (BSE) today. The turnover on the position amounted to 18.03 mln leva, or 91.8% of BSE's overall turnover on the day. The traded volume on the position of Chimimport exceeded 100,000 shares in second straight day. The stock of the company was traded at prices ranging between 2.22 and 2.33 leva per share. Chimimport has the lowest P/E among the 20 companies included in the calculation of the SOFIX blue-chip index. The bankings stocks ended today's session mixed. First Investment Bank advanced by 1.2%, to 2.53 leva per share. Bulgarian-American Credit Bank and Central Cooperative Bank slipped by 0.32 and 0.27%, to 62.05 and 1.46 leva per share, respectively. Nearly 10,000 shares in Holding Roads traded hands on the day. The stock depreciated by 0.81%, to 2.93 leva per share, while Monbat's stock price went down by 0.45%, to 4.68 leva per share.
Source: profit.bg (05.06.2009)

Bulgarian Development Bank (BDB) said it has contracted BGN 64 million in financing for agricultural producers through 11 financial institutions. The list is composed of ProCredit Bank, MKB Unionbank, Allianz Bank Bulgaria, International Asset Bank, D Commerce Bank, First Investment Bank (FIB), Central Cooperative Bank (CCB), Tokuda Bank, United Bulgarian Bank (UBB), Investbank and Societe Generale Expressbank. BDB is now holding negotiations with four more lenders including DSK Bank, Piraeus Bank, Investbank and Cibank. In May commercial banks signed 111 loan agreements to farmers to the tune of more than BGN 18 million. UBB has agreed the heftiest credit line of BGN 15 million. ProCredit Bank has obtained a BGN 10 million line of credit. Six banks have received BGN 5 million each. BDB started to extend dedicated credit lines to provide operating cash to farmers at the beginning of May 2009. Commercial banks will pass on to agricultural producers up to BGN 500,000 each. The interest rate throughout the loan period is fixed at 7.5% and the repayment period reaches up to 18 months.
Source: Dnevnik (08.06.2009)

The blue-chip Sofix registered the lowest slump for the last three months. It lost 3.37% to 353.93 basis points. The broad BG40 of the most traded stocks dropped by 2.80% to 100.20 points. BGTR30 of the best performers in total return dipped by 3.32% to 261.55 points. BGREIT of real estate investment trusts fell by 0.23% to 39.75 basis points.
Source: Pari (17.06.2009)

Total turnover was at the minimum on the Bulgarian Stock Exchange (BSE), BGN 1.5 million. Two banks were the most active concerning trade. First Investment Bank was the most liquid with 247,007 shares at BGN 2.18 each, followed by Central Cooperative Bank with 44,757 stocks sold. The new Bioiasis AD lost ? of its value. The second company hit by the bears was Exclusive Property REIT with 10-percent value loss.
Source: Pari (18.06.2009)

Central Cooperative Bank-Sofia, Bourse code 4CF, the annual general meeting of which was held on June 30, 2009 reported a profit for 2008 to the amount of BGN 21 643 714.98, which the company decided to allocate to the Reserves fund. The company shall not distribute dividends for 2008
Source: Capital market (03.07.2009)

The blue-chip Sofix added 0.52% to 351.17 points. BGTR30 of the best performers in total return followed it rising by 0.38% to 264.87 points. The third in the group of the winners was BG40 of the most traded stocks. It gained 0.17% to its value and closed at 99.95 points. BGREIT of real estate investment trusts was the only one to drop by 0.05% from its level to 40.70 points.
Source: Pari (21.07.2009)

Three of the indexes closed with a rise on Friday. The blue-chip Sofix added 1.4% to 352.10 points. The broad BG40 of the most traded stocks rose by 1.55% to 98.99 points. BGTR30 of the best performers in total return jumped by 1.62% to 166.79 points. BGREIT of real estate investment trusts lost 0.37% to 40.73 basis points. Total turnover was BGN 556,000.
Source: Pari (27.07.2009)

Central cooperative bank registers profit to the amount of BGN 66 thousand for the second quarter of 2009, which is an increase of 170 % on annual base. For the first half of the year the increase in profit is by 10.77 % to BGN 7.7 million. The increase in profit for the first quarter of 2009 was by 4.8 %, or to BGN 7.03 million. Alexander Peev, an analyzer in Prime Property Bg said that he expected an increase in the bank’s profit, because of its past structure and the rise at the stock exchange it had in the end of March. Central cooperative bank’s assets have increased by 3.96 % to BGN 1.81 milliard for the period April-June 2009 and by 12.38 %, compared to June 2008. Credits and bank’s acquisition increased by 0.77 % for the quarter and by 13.9 on annual base to BGN 1.25 milliard towards 2009, June 30. Net interest income for the half-year amounts to BGN 31.2 million, as it increases by 0.77 % on annual base. Net income from taxes amounts to BGN 11.6 million for the half-year, as it increases by 6.32%. For the last three months bank’s shares have fallen in price by 3.95 % to BGN 1.215 per one and BGN 101 million market capitalization.
Source: investor.bg (31.07.2009)

Sofix's phenomenal performance continued on Monday, as the blue-chip index of the Bulgarian Stock Exchange (BSE) added another 6% to its value. BSE's turnover reached BGN 4.04 million, helped by the return of foreign players and Bulgarian institutional investors. Bulgarian Real Estate Fund REIT was the most traded company. A total of 946,322 shares changed hands, which pushed the price up 1.33% to BGN 0.30.
Source: Pari (11.08.2009)

At yesterday's session the leading benchmark on BSE deleted everything gained since August 10 and closed at 436.80 points after a 3.86-percent fall. BGTR30 of the best performers in total return lost 3.89% to 327.55 basis points. The broad BG40 of the most traded stocks dipped 2.56% to 123.41 points. BGREIT of real estate investment trusts went down the least, only 0.33%, to 41.97 points.
Source: Pari (18.08.2009)

The blue-chip Sofix index of the Bulgarian Stock Exchange (BSE) overcame its morning false start and closed the session as the most successful index. The benchmark added 0.72% to its value, climbing up to 439.95 points. BG40 rose 0.58% to 124.12 points. BGTR30 of the best performers in total return reached 328.32, up 0.24%. BGREIT erased its morning gains and dipped 0.52% to 41.75 points.
Source: Pari (19.08.2009)

Sofix, the leading BSE index, added 3.43% at the beginning of the week and hit the record 458.41 points for the season. BGTR30 of the best performers in total return gained 2.52% to 341.48 points. The broad BG40 climbed 1.63% and closed at 127.76 points. BGREIT of real estate investment trusts went up 0.82% to 43.13 points. Total turnover was BGN 1.95 million. Some BGN 500,000 were traded on OTC.
Source: Pari (25.08.2009)

All four indexes on BSE closed with a decline. BGTR30 of the best performers in total return slumped the most, 2.72% to 329.48 points. The broad BG40 of the most traded stocks lost 1.97% to 123.19 points. The blue-chip Sofix was third, going down 1.94% to 445.21 points. BGREIT of real estate investment trusts fell 0.95% and closed at 44.01 points. Total turnover was BGN 1.028 million.
Source: Pari (02.09.2009)

Charged with optimism, the four indexes on BSE headed upwards. The blue-chip Sofix added 2.33% to its value to 447.82 points. The broad BG40 of the most traded stocks gained 3.69% to 124.53 basis points. BGTR30 of the best performers in total return went up 3.26% and closed at 332.31 points. BGREIT of real estate investment trusts rose 0.25% to 44.11 points. Total turnover was BGN 1.2 million.
Source: Pari (04.09.2009)

Bulgarian banks have signed contracts on 90% of the EUR 80 million line of credit they got by the Bulgarian Development Bank (BDB) to make loans to agricultural producers, the institution said. During a four-month period, lenders have approved 517 loans worth more than BGN 72 million combined. Fourteen commercial banks have signed up to the credit line by the state-run institution including ProCredit Bank, MKB Unionbank, Allianz Bank, International Asset Bank, D Commerce Bank, First Investment Bank (FIBank), Central Cooperative Bank (CCB), Tokuda Bank, United Bulgarian Bank (UBB), Investbank, Societe Generale Expressbank, Cibank, DSK Bank and Piraeus Bank.
Source: Dnevnik (08.09.2009)

The blue chips lost 2.63% of their value, falling to 478.30 points on Monday. BG40 of the most traded stocks closed at 131.87 points, down 1.37%. BGREIT of real estate investment trusts fell 1.81% to 47.79 points. BGTR30 of the best performers in total return went down 2.04% to 360.43 points. Total turnover was BGN 4.17 million and deals with Chimimport's shares made up 40% of it.
Source: Pari (29.09.2009)

All indexes of the Bulgarian Stock Exchange (BSE) closed up on Tuesday. BGREIT jumped the highest, 2.57% to 49.02 points. BGTR30 of the best performers in total return rose 2.18% to 368.30 points. BG40 of the most traded stocks gained 1.96% and closed at 134.46 points. The blue-chip Sofix rose 1.64% to 486.14 points. Turnover was only BGN 1.89 million due to companies' poor liquidity.
Source: Pari (30.09.2009)

Shares of banks and financial companies have been the most traded on the Bulgarian Stock Exchange (BSE) in 2009, a comparison of BSE's quarterly bulletins shows. The Top 5 most liquid ones are Central Cooperative Bank, Chimimport, First Investment Bank, Eurohold Bulgaria and Roads Holding. They hold respectively 32.76%, 38.93% and 35% of all transactions in the first three quarters.
Source: Pari (12.10.2009)

Lukoil Garant's merger into CCB Sila pension insurance company is aimed at optimising activities and boosting financial performance, Lukoil CEO Kiril Chervenkov told the Pari daily in an interview. Both companies have long experience and good financial standing but the merger will make them more stable and allow them to offer an even better pension insurance product.
Source: Pari (12.10.2009)

World stock market optimism conquered the Bulgarian Stock Exchange (BSE) on Thursday. BGREIT jumped 1.37% to 50.39 points. BG40 of the most traded stocks gained 1.13% to 130.18 points. The blue-chip Sofix rose 0.54% and closed at 481.88 points. BGTR30 went up 0.86% to 365.24 points. Total turnover was BGN 3.2 million. Shares of Pangaea AD rose thirty-fold, from BGN 0.10 to BGN 3.
Source: Pari (16.10.2009)

T he profits of listed banks slumped in the third quarter of 2009, the reports of Corporate Commercial Bank (KTB), Bulgarian American Credit Bank (BACB), Economic and Investment Bank (EIBank), First Investment Bank (FIB) and Central Cooperative Bank (CCB) show. The situation gets uglier when the strong profit drop of bond issuer Eurobank EFG Bulgaria is taken into account. CCB's profit for Jul-Sep more than quadrupled on the preceding quarter to BGN 2.7 million. Year on year the bank posted a 1.7-percent rise to BGN 10.4 million. FIB logged a 31.8-percent increase on a quarterly basis to BGN 8.5 million. For the first nine months of the year, though, its earnings declined 21.3% to BGN 27.6 million. KTB boasted 40-percent year-on-year profit growth for the nine-month period. However its quarterly results edged down 0.04% to BGN 13.7 million. KTB does not allocate provisions, that is why its earnings increase on a yearly basis, Karoll's financial analyst Kamelia Lazarova said. EIBank's Q3 profit fell 16% to BGN 579,000. For Jan-Sep the bank netted BGN 9.8 million, down 53.25% on the year-ago period. The biggest decrease was registered by BACB. For the first nine months the bank's profit dropped 45.6% to BGN 23.9 million. Quarter on quarter, profit slumped 98.23% to BGN 181,000. The decrease in banks' profits is due to the worsening of their credit portfolios and the need to allocate more provisions, Bultrend Brokerage's Vladimir Malchev said.
Source: Pari (02.11.2009)

C entral Cooperative Bank (CCB) as the hit at Thursday's session on the Bulgarian Stock Exchange (BSE). Active trade in the stock generated nearly 34% of the BSE turnover. A total of 330,617 lots changed hands at an average of BGN 1.38. Total market turnover reached BGN 1.36 million. All market indexes decreased. Blue-chip Sofix lost 2.07% of its value and closed at 434.91 points. BG40 of the most traded stocks fell nearly 2% to 118.43 points. BGTR30 of the best performers in total return dipped 1.44% to 333.22 points. BGREIT of real estate investment trusts closed at 46.75 points, down 0.97%. The whole batch of 40,072 shares in Yambol-based machine building company Sila was sold at the 22nd centralised public auction at the minimum price of BGN 109,797.28 for the package. A total of 117,172 registered compensation vouchers were sold for BGN 29,300. Web Media Group led the bulls, rising a total of 20.72% to BGN 1.62 per share. Industrial Holding Company lost the most, 50.02%, slumping to an average of BGN 4 apiece.
Source: Pari (06.11.2009)

An increased number of buyers on the Bulgarian Stock Exchange (BSE) made the BGREIT index jump 2.59% to 47.89 points. The property funds that surged the most were Exclusive Property REIT and BenchMark Fund Estates. Their capitalisation went up 9.62% and 5.49% respectively. With a 5.26-percent rise ELARG Agricultural Land Opportunity Fund REIT ranked third and turned out the most profitable blue chip. The Sofix index gained 0.45% to 444.50 points. The broad BG40 of the most traded stocks and BGTR30 of the best performers in total return both went up 0.26% to 121.47 points and 339.15 points. A total of 48% of the traded companies closed with a rise and 40% with a drop. Investors were most interested in the shares of financial companies. Euro Ins and Central Cooperative Bank were the most liquid ones on Monday.
Source: Pari (10.11.2009)

All indexes closed with a fall on the Bulgarian Stock Exchange (BSE) on Friday. The blue-chip Sofix and BG40 of the most traded stocks both went down 0.63% to 451.23 and 124.22 points respectively. BGTR30 of the best performers in total return lost the least, 0.23% of its value to 344.95 points. Total turnover was extremely low, only BGN 350,000. Inactivity reigned on the OTC market as well. Deals there amounted to BGN 96,266. Central Cooperative Bank was leader with 31,611 securities sold. Their price rose 0.41% to BGN 1.48 each.
Source: Pari (16.11.2009)

Mutual funds have bought 23.1% of the capital of Slantse Stara Zagora Tabac, the Bulgarian Stock Exchange (BSE) said. Four collective investment schemes have acquired 272,140 shares in the tobacco processing and cigarette making factory. Real Finance Balance Fund and Real Finance High-Yield Fund have bought 60,000 lots (5.09% of capital) each. CCB Active has acquired 72,000 shares (6.11%) and CCB Leader, 80,140 lots (6.80%). Seller of the shares is Stara Zagora-based Sila Holding. After the deals, the company preserves its majority stake and now holds 822,486 lots or 69.83% of the capital. Exactly the same total number of shares, 272,140, were transferred at a regular session on the BSE on November 10 at BGN 7.50 apiece. That makes a market capitalisation of BGN 8.8 million.
Source: Pari (23.11.2009)

The Bulgarian Stock Exchange (BSE) ended the week with a slight drop. Two of the indexes declined in the past five days. BG40 of the most traded stocks lost 1.28% of its value to 120.98. BGTR30 of the best performers in total return went down 0.56% to 342.28 points. The blue-chip Sofix added 0.54% to 452.67 points. The real estate investment trusts' index hiked 2.24%, finishing at 48.89. Turnover on Friday stood at BGN 1.2 million. The blue-chip Sofix followed the slump on international stock markets and fell 0.94%.
Source: Pari (07.12.2009)

The indexes of the Bulgarian Stock Exchange (BSE) slumped last week on negative foreign pressure and investors' concerns about Dubai and Greece's debts. On Friday, the blue-chip Sofix index closed at 431.26 points, down 4.73% for the week. BG40 of the most traded stocks fell 2.74% to 117.66 points. BGTR30 of the best performers in total return was 331.49 at close on Friday, losing 3.15% for the week. The real estate investment trust index, BGREIT, dropped 2.13% to 47.85 points. Trade on Friday resulted in almost no change for the indexes. Turnover was bigger than the traditional one and amounted to BGN 3 million. It was due mainly to trade in Balkan's stock. Biovet accounted for BGN 606,000 of the turnover, its price dipped 0.14% to BGN 6.29. Deals in Sopharma totalled BGN 145,000, the shares cheapened 0.25% to BGN 3.99.
Source: Pari (14.12.2009)