SOFIX AT A 17 YEAR OLD PEAK

Market Overview (22 Dec – 26 Dec)
The main Bulgarian index SOFIX increased this week by 0.69% to 1156.43 points. The broad index BGBX40 increased this week by 0.98% to 203.81 points and BGREIT increased this week to 230.91 points, up by 0.50%.
Corporate News
SOFIX pushed through the 1,150 levels on the last trading session for the year reaching 1,156.43 which is a 17-yr old high last reached in 2008. It has been a spectacular year for the Bulgarian Stock Exchange, where SOFIX made gained nearly 29.54% since 01.01.2025. To compare returns, S&P500 gained 17.82% for the same period and EURO STOXX 50 gained 18.30%.

The remaining days of the year will not be trading as the stock exchange has to prepare for the upcoming EUR introduction as a national currency. First trading day of 2026 will be 5 January 2026.

Neochim AD (NEOH) announced that they had won a court case against an LNG supplier, who did not deliver the agreed amounts in May 2023. The total assigned compensation is for BGN 17.8mln, which included principal in the amount of BGN 15.8mln, interest for BGN 0.5mln and court fees and related expenditures for BGN 1.6mln.   

Smart Organic (SO) announced that they have raised the capital with 23,000 shares, which were meant for employees of the company.

Chimimport (CHIM) – had a GSM on 22.12.2025 where they decided to take a loan of EUR 19.7mln from Unicredit Bulbank for their subsidiary Fraport Twinstar Airport Management, which will be used to reconstruct the track and the terminal at Burgas Airport. The tenure of the loan is 6 years, interest 3M EURIBOR + 1.25%.

Telelink Business Services (TBS) announced that the deal to acquire 70% of the capital of the Slovenian developer of IT infrastructure, ERP solutions, Actual IT d.d., which was announced on 29.05.2025 was not completed. The deadline to receive necessary regulatory approvals was reached. Still, both companies remain open for future cooperation or a similar deal in the future with mutually acceptable terms.

Sophmarma (SFA) announced that their sales for November surpassed last year’s sales for the same month with 22%. With that, the 2025 YTD sales were up 12%, driven by a 2% domestic growth and 19% exports growth.

Economic News

ü  No economic news this week, but we wish you a Happy New Year!

 

Full report can be downloaded here.