Bulgarian Undiscovered Gems With Strong Fundamentals

Smart Organic AD

Market Cap: лв372.0m

Produces and distributes organic food products in Bulgaria, the European Union, Asia, and the Americas.

Sopharma AD

Market Cap: лв1.4b

Produces, distributes, and exports pharmaceutical products in Europe, Bulgaria, and internationally.

Tchaikapharma High Quality Medicines AD

Market Cap: лв1.7b

Develops, manufactures, and sells medicines in Bulgaria.

Central Cooperative Bank AD

Market Cap: лв235.2m

A commercial bank, provides various financial products and services.

First Investment Bank AD

Market Cap: лв846.8m

Provides various banking products and services to individuals and corporate clients in Bulgaria and Cyprus.

Gradus AD

Market Cap: лв251.7m

Produces and sells poultry products in Bulgaria, Europe, and internationally.

Speedy AD

Market Cap: лв968.0m

Provides courier services in Bulgaria and internationally.

Sopharma Trading AD

Market Cap: лв192.8m

Engages in the wholesale and retail trade of medicinal products for the pharmaceutical sector in Bulgaria and Serbia.

Sopharma Properties REIT

Market Cap: лв197.6m

n/a

Stara Planina Hold

Market Cap: лв201.5m

Manufactures and sells hydraulic systems in Bulgaria and internationally.

Chimimport AD

Market Cap: лв168.7m

Acquires, manages, and sells shares in Bulgarian and foreign companies.

Shelly Group

Market Cap: €1.0b

Engages in the internet of things business in Bulgaria, European Union, and internationally.