Euroins Insurance Group AD (EIG), part of Еurohold Bulgaria AD and a leading insurance group operating in Central, Eastern and Southeastern Europe (CESEE), appointed Nikolaus Frei a new member to its Board of Directors.  Nikolaus Frei was elected at an Annual General Shareholders’ Meeting (AGM), held on August 30, 2024. He will represent the European […]

Bulgaria’s ELG, which unites companies managing car lease, sale and rental digital platforms, successfully placed a five-year corporate bond issue on the BEAM growth market of the Bulgarian Stock Exchange (BSE) and raised EUR 5 million.     The bond issue was placed on 24 July through an Initial Public Offering (IPO) with a precondition for success […]

On 2 nd July, 2024, the International Arbitration Court at the Institute of Private International Law took a decision on the arbitration case, initiated by Insurance Company EIG Re EAD (EIG Re) in relation to the Reinsurance Contract (the Reinsurance Contract), concluded on 9 th February, 2023, between EIG Re and Euroins Romania – Asigurare […]

Eastern European Electric Company B.V. (EEEC) and Еastern European Electric Company II B.V. (EEEC II), the subsidiaries through which Eurohold Bulgaria AD owns Electrohold Group’s units, have successfully refinanced ca. EUR 500 million of existing debt raised for the acquisition of CEZ Group’s business in Bulgaria in 2021, its subsequent development and investments in the […]

Sofia, 22 May 2024 –  Eurohold Bulgaria AD (Eurohold) and Euroins Insurance Group AD (EIG) have officially filed a Request for Arbitration against the Government of Romania at the International Centre for Settlement of Investment Disputes (ICSID) in Washington, DC. The claim is in excess of EUR 500 million. Eurohold and EIG have commenced the […]

Euroins Insurance Group (EIG), one of the leading insurance groups in Southeast Europe, part of Eurohold Bulgaria, elected a new Board of Directors, composed of Assen Christov, Kremena Pateva, Todor Danailov and Irena Lalova. Assen Christov is a Chairman of the Board, Kremena Pateva and Todor Danailov have been appointed as executive directors. The change […]

Total revenues grew to over BGN 2.75 bln (EUR 1.4 bln)  Net profit increased to BGN 218 mln (EUR 111.34 mln) One of the leading energy and financial group in Southeast Europe – Eurohold Bulgaria AD, continues to report good results in the condition of serious geopolitical and economic challenges in the region, shows the […]

Eurohold Bulgaria AD and Euroins Insurance Group AD (EIG) officially informed the Government of Romania of their intention to initiate an international arbitration to protect the group’s investment in Romania, unless the current dispute over Euroins Romania’s case is remedied quickly, and the damages caused to the group are duly compensated. The holding has already […]

The funds will be used to finance the operations of the company in Greece and Poland  Euroins Insurance Company AD (Euroins Bulgaria), part of Eurohold’s insurance group – Euroins Insurance Group AD (EIG), has increased its capital by EUR 7.7 million (BGN 15 million) in order to finance its development on the foreign markets, predominantly […]

One of the leading companies for debt purchase and management in Bulgaria – Debt Collection Agency EAD (DCA), is already owned by DCA Management AD. The acquisition deal is one of the most significant in the financial sector in Bulgaria in recent years. In the coming days it is expected the change of ownership will […]