Weekly Bulletin – A week of colling down amid global tensions

Paysera (PAY) announced a webinar on 17.03.2026 from 16:00 EET registration for which can be done here, after which a link to the event will be sent. The 2025 results will be discussed, as well as future plans following with discussion with the attendees.

BREF (BREF) announced an extension to one of its tenants in their Business Park Sofia location – EXL Services Bulgaria – for 1,545 sqm till 31.05.2029. Occupancy of the building remains at 67%.

ITF Group (ITF) announced that they have participated in the capital raise of Clear Lending AD for EUR 1.65mln. ITF Group’s ticket is for EUR 1mln and is meant to strengthen the long-term strategy for the development of Clear Lending AD.

Alcomet (ALCM) announced that on 10.03.2025 they completed the first extrusion of the newly installed 10-inch Presezzi press with a force of 40 MN (4,000 tons) at its production facility in Shuman. The new press is part of a EUR 70mln investment program to expand production capacity. With it, the total press production capacity of Alcomet now reaches 45,000 tons per year.

IPO Growth (GROW) announced that they have become part of BGBX40 – the 40 most liquid Bulgarian companies.

ü  The annual inflation rate eased to 3.3% in February 2026, marking the lowest level since December 2024 and matching preliminary estimates. Price growth slowed mainly for furnishing, household equipment, and maintenance (0.5% vs 1.4% in January), housing and utilities (3.6% vs 3.7%), recreation, sport, and culture (15.7% vs 16.3%), restaurants and accommodation services (9.1% vs 9.2%), and personal care, social protection, and miscellaneous goods and services (6.0% vs 6.1%).

ü  The trade deficit widened to EUR 1,046mln in January 2026, as exports fell while imports remained unchanged. Exports dropped 1.4% YoY to EUR 3,327mln due to lower sales to non-EU countries (-9.0%), although shipments to EU increased (2.3%). Meanwhile, imports edged up 0.1% to EUR 4,373mln, as increased purchases from non-EU countries (5.3%) offset a drop in imports from the EU (-4.0%).

ü  Industrial production dropped by 8.6% YoY in January, slipping further from a 6.7% fall in the previous month. This marked the thirteenth consecutive month of decline, as output continued to decrease in all industrial sectors. Within the manufacturing sector, production fell further (-5.3% vs -1.2% in December), mainly for leather and related products (-33.1% vs 1.5%), other non-metallic mineral products (-19.4% vs -10.7%), and other transport equipment (-19.8% vs -15.8%).

ü  Construction output in Bulgaria rose 4% year-on-year in January 2026, slowing from an upwardly revised 8.9% in the previous month.