BREF DISTRIBUTES A SECOND DIVIDEND FOR 2025

Wiser Technology (WISR) – announced that they have acquired the remaining 48.98% of the capital of Prime Holding AD and now the company is a full subsidiary. It is part of the strategy of the group to consolidate and own 100% of its subsidiaries.

Neochim (NEOH) announced that on 08.11.2025 the “Nitric Acid” and “Ammonium Nitrate” industrial units have resumed operation.

Sirma Group (SGH) announced that, in regard to their strategy for dual listing on the Frankfurt Stock Exchange in addition to the Bulgarian Stock Exchange, the Bulgarian regulator, the Financial Supervision Commission, has notified its counterparty in Germany – Bundesanstalt für Finanzdienstleistungsaufsicht, – BaFin, of Sirma Group’s intention for dual listing and the process is going as planned.

ü  Bulgaria’s consumer confidence dropped to -25.1 in the fourth quarter of 2025 from -21.1 in the previous three month. This marked the lowest reading since the third quarter of 2023, as consumers continued to be pessimistic regarding the financial situation for their households (-21.6 vs -16.8 in Q3), and the economic situation of Bulgaria for the next twelve months (-36.2% vs -31.6%). In addition, households were less likely to make major purchases for durable goods in the present (-31.1% vs -25.7%), and current assessments on saving propensity were more negative (-40.2% vs -33.4%). Moreover, concerns heightened for unemployment for the next twelve months (23.5% vs 15%). Meanwhile, concerns for inflation softened (33.2% vs 33.6%).

ü  Retail sales in Bulgaria increased by 5.7% YoY in September 2025 from 4.9% in the previous month. Sales increased in non-food products (10.6% vs 9.8% in August), automotive fuels and lubricants (4.2% vs 3%), computer and communication equipment (16.2% vs 10.3%), audio and video equipment (13% vs 12.5%), and pharmaceutical and medical goods cosmetics, and toiletries (11.7% vs 6.7%). At the same time, purchases rebounded for food, beverages, and tobacco (0.3% vs -0.8%). Meanwhile, sales growth slowed for other retail sales in non-specialized stores (11% vs 13.8%), textiles, clothing, footwear, and leather goods (10.2% vs 19.8%), and mail order, telephone, or internet (5.1% vs 7.2%). On a monthly basis, retail sales rose by 0.8% in September from an upwardly revised 0.2% in the preceding period.