Stara Planina Hold JSC - Sofia - Short Company profile

Only three of the former privatization funds – Stara Planina Hold AD – Sofia, Albena AD – Albena Resort and Industrial Capital Holding AD – Sofia, are paying dividends to their shareholders from their profits for 2025. For 2024, only Stara Planina Hold AD, Albena AD, Bulgarian Transport Holding AD – Plovdiv and Industrial Capital Holding paid dividends. Thirty years ago, when mass privatization began, 81 privatization funds were at the start. Today, only 38 of them are active, and they have already been transformed into holding companies. Over the past years, some of these companies have been liquidated, and others have decided to continue their activities as ordinary joint-stock companies. Stara Planina Hold AD is the only Bulgarian public holding company that has paid dividends for every year of its operation. The gross amount set aside for payment to shareholders during this period is over 35 million euros (over 68.7 million leva). The gross dividend of the companies in the Stara Planina Hold group for 29 financial years is 160.3 million euros (313.6 million leva). The net profit for 2025 in the amount of 5,237,382.80 leva (2,677,831.30 euros) and the retained earnings from previous years of 668,385.10 euros, representing the total amount of 3,346,216.40 euros, was distributed as a dividend, with its gross amount being 0.16146 euros per share. A total of 6,544,630.42 leva was paid as a dividend from the profit for 2024. The gross amount per share is 0.31579 leva, the same amount that was also distributed from the profit for 2023 and 2022. Albena AD ended 2025 with a profit of 2,712,755.25 euros. The General Meeting voted to distribute a gross dividend of 0.15 euros per share. The remaining part remains as retained earnings. From the profit of the tourism company for 2024 in the amount of 5,303,700.58 leva, a dividend of 0.20 leva per share was paid, and the remaining part was reported as retained earnings. From the profit for 2025 in the amount of 1,056,440.06 euros, Industrial Capital Holding AD - Sofia set aside 829,712.84 euros for the payment of dividends. The gross amount per share is 0.052631579 euros. The remainder of the positive financial result in the amount of 226,727.22 euros remains as retained earnings. Industrial Capital Holding ended 2024 with a net profit of 2,153,568.00 leva. The General Meeting decided to pay a dividend of 1,659,425.68 leva, with a gross per share of 0.10526316 leva. The Holding is the legal successor of the Privatization Fund Industrial Capital AD, established for the purpose of participating in the mass privatization in 1996. Today, the company owns shares in enterprises in the mechanical engineering sector - Siloma AD, Rubolt AD, EMKA AD, ZAI AD and M+S Hydraulic AD.