Daily Archives: 24.03.2020

Extension of deadlines for announcement of annual financial statements and declarations for inactivity

COVID-19By adm 24.03.2020

The Measures and Actions During a State of Emergency Act (the “State of Emergency Act”), re-enacted and promulgated on 24.03.2020, extends the deadlines set forth in the Accountancy Act for the publication of annual financial statements and declarations for inactivity, due for 2020.

TBK advised the Eleven Capital IPO, Bulgaria’s first since 2018

NewsBy adm 24.03.2020

TBK Financial Services Team has advised Eleven Capital on the first IPO in Bulgaria since 2018. Despite the current Covid – 19 pandemic and the persistent pressure on financial markets across the world during the recent weeks, the IPO was successfully placed among ninety institutional and retail investors, evidencing the strong demand of the investor base for the opportunities related to the venture capital business.