Tchaikapharma High Quality Medicines Announces $7 Million Dividends

Bulgaria’s Tchaikapharma High Quality Medicines [BUL:7TH] said on Monday that its shareholders have approved a proposal to increase the company’s capital by 10 million levs () using part of the its net profit in 2018.

Tchaikapharma will distribute the newly-issued shares proportionally to the stakes of existing shareholders, the company said in a bouse filing.

The shareholders approved the proposal at a general meeting held on Monday.

Following the increase, Tchaikapharma’s registered capital will amount to 82.2 million levs.

Tchaikapharma’s shares last traded on the Bulgarian Stock Exchange at a price of 9.55 levs each.

Tchaikapharma’s portfolio includes over 150 pharmaceutical products.

Read More

Bulgaria Has The Highest Organic Farming Exports

Bulgaria and Croatia are the EU member states with highest growing organic farming sectors in the 28-nation bloc, the latest data from the European...

SAP Technologies Aims For $300 Billion Market Capitalization By 2030

The largest European technology company SAP, which has an office in Bulgaria, will aim to reach a market capitalization of between $...

President Radev: Bulgarian Cooperation With Japan Should Focus On Science, Innovation And Potential Of Young People

What lies behind Bulgaria’s aims to deepen the business contacts between Bulgaria and Japan is the ambitions to have the bilateral partnership model develop an economy with...


Turkmenistan & Bulgaria Considering Joint Projects

A meeting of the intergovernmental Turkmen-Bulgarian commission for economic cooperation was held in Turkmenistan’s Avaza tourist zone, Trend reports referring to a source involved...

Bulgaria’s Inflation Slows Down To 2.7%

Bulgaria annual consumer price inflation slowed down to 2.7% in December, from 3.1% in November, the National Statistical Institute (NSI) said...

Over 620 Thousand Trips Abroad By Bulgarians In April 2019

In April 2019, the number of the trips of Bulgarian residents abroad was 620.8 thousand or by 2.4% above the registered in April 2018, according to...