Local printing and publishing company Billboard has applied for EUR 5.5mn financing from the EBRD, the company announced. The loan, which will have at least 8-year maturity, will be used for debt restructuring and deferment, as well as to cover the purchase of additional equipment for the publishing base in Varna. Billboard designs and manufactures advertising and promotional materials. Its stock is traded on the Bulgarian Stock Exchange (ticker: 4BP) since 2007 when the company raised BGN 11mn in an IPO. |
The EC has sent a reasoned opinion to Bulgaria over failure to comply with EU rules on the free movement of capital, the EC said on its website. The privatisation act in Bulgaria introduces ... more
Bulgaria will be seeking an extension of the court procedure filed by the EC against the country over irregularities found in the assignment of digital broadcast spectrum, transport minister ... more
Bulgarian individuals and companies hold EUR 100mn in Cypriot banks according to ECB data, BTA reported quoting Reuters. The largest EU depositors in the crisis-hit country are Greece with EUR ... more