Bulgarian Undiscovered Gems With Strong Fundamentals

Smart Organic AD

Market Cap: лв374.3m

Engages in the production and distribution of organic products worldwide.

Tchaikapharma High Quality Medicines AD

Market Cap: лв1.6b

Engages in the development and manufacture of generic and in-licensed medicines in Bulgaria.

Central Cooperative Bank AD

Market Cap: лв202.1m

A commercial bank, provides various financial products and services.

Telematic Interactive Bulgaria EAD

Market Cap: лв276.6m

Offers online betting and gambling services.

Speedy AD

Market Cap: лв1.0b

Provides courier services in Bulgaria and internationally.

Toplofikatsia-Ruse AD

Market Cap: лв201.3m

Produces and sells electricity and thermal energy in Bulgaria.

Sopharma Trading AD

Market Cap: лв186.6m

Operates as a trading company in the pharmaceutical sector in Bulgaria and Serbia.

Holding Varna AD

Market Cap: лв303.5m

Manages a portfolio of investments in commercial companies that provide Bulgarian and foreign consumers with products and services in the field of tourism, finance, design, media, and communications.

Galata Investment Company AD

Market Cap: лв175.5m

Engages in the development of real estate properties in Bulgaria.

Sopharma Properties REIT

Market Cap: лв182.2m

n/a

Atomenergoremont

Market Cap: лв176.6m

Provides repair services for equipment in power plants.

Shelly Group

Market Cap: €785.8m

Develops, designs, and distributes IoT and smart building solutions for DIY users and professionals.