bulgaria – Page 3 – Sortis Group

21 Jun

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SORTIS INVEST participated in the GlobalScope European Deal Making Days

On 18th of June 2021 GlobalScope Partners held its semi-annual regional conference. The purpose of the European Deal Making Days was to use the vast collaborative network to discover matching Sell-side & Buy-side companies. Each partner firm presented selected mandates and opportunities and then partners took advantage of the further opportunities to discuss ongoing project […]

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16 Jul

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SORTIS Invest Advised Software Company DataStork in the Sale to HeleCloud (UK)

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28 Nov

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Martin Paev, Chairman of SORTIS Group, Spoke at the 4th Distressed Investments Forum in Frankfurt (Germany)

Mr. Martin Paev, CFA, Chairman of SORTIS Group (Bulgaria), took part in the 4th Distressed Investments Forum on 27th of November 2019 at Maritim Hotel in Frankfurt, Germany, organized by WJ Global Group. This year the theme of the forum was the continuous reduction of NPL levels across the globe. Global investors, banks, regulators and […]

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01 Nov

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The Ministry of Transport of Bulgaria decided to renew the concession procedure for Sofia Airport in the next two months

The World Bank and the European Bank for Reconstruction and Development will consult the procedure for the selection of a concessionaire. The two institutions will conduct the pre-tender analysis in the next two months. The procedure is expected to be initiated upon the completion of the analysis, at the beginning of 2018. It is the second […]

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15 Oct

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Sofia Municipality announces sale process for 67% stake in Municipal Bank

Sofia City Council approved a resolution to sell the 67.65% of Sofia Municipality in Municipal Bank. The minimum asking price of BGN 45.7 M (EUR 23.3 M) is approximately 0.75x Book Value, in line with recent transaction valuations of comparable European banks. As of June 2017, Municipal bank had total assets of BGN 1.5 Bn […]

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