Mayor runoffs in big cities on November 5
Sofia, Varna and Pleven are among the regional cities that will see the most closely fought battles in the second round of the local elections next Sunday, according to data from the Central Election Commission (CEC) after the first vote on October 29.
In the three cities, the difference between the opponents is not enough to hand certain victory, and the outcome of the matches will likely be decided at the last moment.
In Sofia, Vassil Terziev (WCC-DB), who won 31.8% of the vote in the first round, is facing a challenge from Vanya Grigorova (BSP who won 21.8%.
Gazprom sells its local gas stations
Gazprom Neft is looking for an exit from its oil business in Bulgaria, it emerged today from a sector announcement..
The package includes 23 gas stations under the Gazprom brand, a fuel depot in Kostinbrod and 12 more fields. And the non-binding offers are waiting until November 23.
In Bulgaria, the Russian company develops its network via its Serbian company Oil Industry Serbia (NIS).
eBAG attracts 500,000 levs from investors
eBAG'online grocery store attracted 539,000 levs from two investors. Milen Stoichkov, commercial director at eBAG, and PK Capital, an investment company from Varna, owned by serial IT entrepreneur Presiyan Karakostov, will receive 330 and 220 new shares, respectively.
The valuation of the online food retailer in this transaction reaches 84 million levs, as the new shares were acquired at a price of 980 levs. In March 2022, when it last raised its capital, its shares were valued at 670 levs, which is an increase of about 50%.