The board of financial and industrial group, Eurohold Bulgaria, has approved a plan to float shares in the Warsaw Stock Exchange apart from its current listing on the Bulgarian Stock Exchange. In addition to floating more than 108 mln shares, the company will subsequently issue 36.2 mln new shares at BGN 1.5 per share (against [...]

Expat Capital, a Bulgarian financial company, has purchased a 20% share of Eurohold Bulgaria. Eurohold is a local financial and industrial group. The sale took place on the Bulgarian Stock Exchange with shares selling for 1.215 leva per share. Total sale was valued at 26.4 million leva. StarCom Holding, Eurohold’s largest shareholder agreed to the [...]

Eurohold Bulgaria is getting back to its core businesses of auto sales, leasing, and insurance, by selling its entire production portfolio. Eurohold will also divest itself of several real estate projects and a hotel. Company officials indicated that the various buyers are a combination of Bulgarian companies and executives of the targeted assets. If the [...]

EuroLease Auto Bulgaria is poised to receive a €10 million senior loan after the EBRD Board issued final approval as part of its ongoing support of small and medium-sized leasing businesses. The deal only awaits final signatures before becoming part of a total financing package for EuroLease which includes at least one Bulgarian commercial bank. [...]

Eurohold Bulgaria recently sold the Avto Union Centre in the capital city of Sofia to satisfy debt owed to Piraeus Bank, and with that deal done the Bulgarian holding company is not sitting back counting the profits. Instead, they are pursuing at least two automotive industry opportunities in Romania and Macedonia. Both opportunities were discussed [...]

After purchasing the remaining 80% of Avto Union Centre to become the sole owner just a few months ago, Eurohold Bulgaria has sold the building complex to Bluehouse Capital for € 27.3 million. Avto Union Center is located in the Bulgarian capital of Sofia and houses an office complex with the same name. Claiming a profit of [...]

European investment firm Equest Investments Balkans Limited (EIB) has announced an agreement to sell its 80% stake in Avto Union AD to Avto’s only other shareholder, Eurohold Bulgaria Inc. Due to the declining automotive industry throughout the region, EIB made the decision to include Avto Union, a Bulgarian automotive products wholesaler, as part of its [...]

Bulgarian holding firm Eurohold Bulgaria has increased its total investment in Euroins, a local blue-chip insurance firm, adding to a previous investment that was made late last year. Eurohold’s stake in the company is now at 76.5% after the purchase of 1.75 million additional shares. The purchase price was set at BGN 4 per share [...]

Eurohold Bulgaria increased the registered capital of EuroIns Insurance Group, the subholding active on the insurance market, from BGN 239 million to BGN 268 million through the subscription of 28 799 991 new shares with an issue price and par value of BGN 1. The funding for the increase was secured from Accession Mezzanine Capital [...]