Bulgarian Strong Balance Sheet Stocks

Akumplast JSC

Market Cap: €1.1m

Engages in the production and sale of plastic accumulator boxes in Bulgaria.

Tchaikapharma High Quality Medicines AD

Market Cap: €891.9m

Develops, manufactures, and sells medicines in Bulgaria.

Specialized Business Systems AD

Market Cap: €1.0m

Engages in the manufacture, import, export, distribution, and servicing of PC components and systems in Bulgaria.

Grand Vision Properties REIT

Market Cap: €31.9m

A real estate investment trust.

Telematic Interactive Bulgaria AD

Market Cap: €131.8m

Offers online betting and gambling services.

Lavena AD

Market Cap: €10.0m

Manufactures and sells lavender oil in Bulgaria.

Eleven Capital AD

Market Cap: €17.7m

A venture capital firm specializes in startup investments.

Advance Terrafund REIT

Market Cap: €114.9m

A real estate investment trust launched and managed by Karoll Finance, Asset Management Arm.

Korado-Bulgaria AD

Market Cap: €26.3m

Engages in the production and marketing of products in the field of heating technology in Bulgaria, the Czech Republic, Romania, Hungary, Greece, Tunisia, Moldova, Germany, and France.

Trakiisko Pivo AD

Market Cap: €24.6k

Engages in the renting of real estate properties in Bulgaria.

VF Alternative AD

Market Cap: €17.7m

Operates as an alternative investment funds company in Bulgaria.

Regala Invest AD

Market Cap: €32.5m

Engages in the real estate business in Bulgaria.

Slantcho AD

Market Cap: €22.4m

Produces and sells baby food products in Bulgaria and internationally.

Shelly Group

Market Cap: €1.0b

Engages in the acquisition, management, evaluation, and sale of interests in Bulgaria and internationally.

Slantse Stara Zagora Tabac AD

Market Cap: €28.3m

Processes, manufactures, and sells tobacco products in Bulgaria.

Formoplast AD

Market Cap: €14.6m

Manufactures and sells plastic injection molds in Europe, Asia, and Africa.

SLS Realty REIT

Market Cap: €11.0m

n/a

Agro Finance REIT

Market Cap: лв121.1m

Agro Finance REIT invests in real estate properties, primarily agricultural lands in Bulgaria.

Herti AD

Market Cap: €17.4m

Provides various packaging solutions.

Bulgarian Stock Exchange AD

Market Cap: €109.3m

Operates as a stock exchange in Bulgaria.

IPO Growth JSC

Market Cap: €6.4m

Engages in acquisition of equity interests in the capital of small and medium-sized enterprises.

Galata Investment Company AD

Market Cap: €94.6m

Engages in the development of real estate properties in Bulgaria.

Port Fleet 99 AD

Market Cap: €11.0m

Provides maneuvering and towing services for ships and floating objects in the waters of the port of Varna.

Atomenergoremont AD

Market Cap: €61.7m

Provides repair services for equipment in power plants in Bulgaria.

Fazerles AD

Market Cap: €3.2m

Manufactures and sells hardboard wood based panels in Bulgaria, rest of Europe, Asia, Africa, and the United States.

Neochim AD

Market Cap: €38.8m

Produces, sells, and trades in inorganic and organic chemical products in Bulgaria and internationally.

Capman Debts Management AD

Market Cap: €4.7m

Engages in the debt collection activities.

Sirma Group Holding AD

Market Cap: €52.8m

Engages in the provision of software products and solutions to industry verticals in financial services, insurance, healthcare, travel and hospitality, transportation and logistics, and retail.

Industrial Holding Bulgaria AD

Market Cap: €77.4m

Through its subsidiaries, engages in the maritime transport, machine building, port operations, ship building and repairing, and other businesses in Bulgaria.

Himsnab Bulgaria AD

Market Cap: €88.3m

Engages in the real estate rental business in Bulgaria and internationally.

ImPulse Growth AD

Market Cap: €5.0m

An equity management company, invests in equity and capital markets instruments in Bulgaria.

Bulgartabac Holding AD

Market Cap: €16.1m

Processes, produces, and sells tobacco products in Bulgaria.

Smart Organic AD

Market Cap: €172.7m

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

Bulmetal JSC

Market Cap: €31.2m

Manufactures and sells metal packaging for food and chemical, cosmetic and other industries in Bulgaria.

Trace Group Hold

Market Cap: €79.9m

Through its subsidiaries, engages in the infrastructure construction, rehabilitation, maintenance, design, and related activities in Bulgaria and internationally.

M+S Hydraulic AD

Market Cap: €199.1m

Engages in the production, repair, and sale of hydraulic products and systems in Bulgaria, the rest of Europe, and internationally.