Bulgarian Strong Balance Sheet Stocks

Akumplast JSC

Market Cap: €1.1m

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

Lavena AD

Market Cap: €11.3m

Manufactures and sells lavender oil in Bulgaria.

Tchaikapharma High Quality Medicines AD

Market Cap: €882.3m

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.

Speedy AD

Market Cap: €478.6m

Provides courier services in Bulgaria and internationally.

Eleven Capital AD

Market Cap: €17.8m

A venture capital firm specializes in startup investments.

Advance Terrafund REIT

Market Cap: €114.0m

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

Slantcho AD

Market Cap: €25.6m

Produces and sells baby food products in Bulgaria and internationally.

Shelly Group

Market Cap: €1.1b

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

SLS Realty REIT

Market Cap: €11.0m

n/a

Regala Invest AD

Market Cap: €32.3m

Engages in the real estate business in Bulgaria.

Helios Marine AD

Market Cap: €20.9m

Manufactures and sells electric yachts and marine technology systems internationally.

Varvara termal village REIT

Market Cap: €5.4m

Operates as a real estate company in Bulgaria.

Agro Finance REIT

Market Cap: лв121.1m

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

IPO Growth JSC

Market Cap: €6.0m

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

Herti AD

Market Cap: €30.0m

Provides various packaging solutions.

Webit Investment Network AD

Market Cap: €7.8m

A venture capital firm.

Galata Investment Company AD

Market Cap: €94.6m

Engages in the development of real estate properties in Bulgaria.

Sopharma Properties REIT

Market Cap: €89.6m

n/a

Bulgarian Stock Exchange AD

Market Cap: €94.3m

Operates as a stock exchange in Bulgaria.

Atomenergoremont AD

Market Cap: €137.4m

Provides repair services for equipment in power plants in Bulgaria.

Capman Debts Management AD

Market Cap: €3.3m

Engages in the debt collection activities.

Neochim AD

Market Cap: €49.9m

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

Sirma Group Holding AD

Market Cap: €47.6m

Provides software products and solutions to industry verticals in financial services, insurance, healthcare, travel and hospitality, transportation and logistics, and retail in Bulgaria, the United States, the United Kingdom, and internationally.

ImPulse Growth AD

Market Cap: €4.5m

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

Stara Planina Hold

Market Cap: €108.0m

Manufactures and sells hydraulic systems in Bulgaria and internationally.

Port Fleet 99 AD

Market Cap: €12.1m

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

Himsnab Bulgaria AD

Market Cap: €88.8m

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

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.

Bulmetal JSC

Market Cap: €28.3m

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

Smart Organic AD

Market Cap: €185.2m

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

Trace Group Hold

Market Cap: €78.4m

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

Sopharma AD

Market Cap: €1.0b

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

Telematic Interactive Bulgaria AD

Market Cap: €144.6m

Offers online betting and gambling services.