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CEOWORLD magazine - Latest - Banking and Finance - Bulgaria’s Largest Companies by market capitalization, 2024

Banking and Finance

Bulgaria’s Largest Companies by market capitalization, 2024

Stock Exchange

As of March 10, 2024, TCHAIKAPHARMA HIGH QUALITY MEDICINES is the most valuable company in Bulgaria, with a market cap of $850 million. Following it are SHELLY GROUP ($618 million) and SOPHARMA AD ($584 Million). Bulgaria’s top five most valuable companies include some of the world’s most renowned brands: SPEEDY (No. 4, $430 Million) and M+S HYDRAULIC AD (No. 5, $245 Million).

Overall, among Bulgaria’s largest companies by market capitalization, the sixth, seventh, eighth, and ninth positions are held by FIRST INVESTMENT BANK, GRADUS AD, EUROHOLD BULGARIA AD, and VELGRAF ASSET MANAGEMENT.

Which one is the most valuable in Bulgaria by market cap?
This list comprises the biggest companies currently in Bulgaria by market cap in 2024:

Bulgaria’s Largest Companies by market capitalization, 2024

RANKCOMPANYMARKET CAPTIAL (USD DOLLAR)CEO
1TCHAIKAPHARMA HIGH QUALITY MEDICINES AD $0.850 billionBiser Rosenov Georgiev
2SHELLY GROUP AD$0.618 billionWolfgang Kirsch
3SOPHARMA AD$0.584 billionOgnian Ivanov Donev
4SPEEDY AD$0.43 billionDan Evans
5M+S HYDRAULIC AD$0.245 billionMilko Angelov Angelov
6FIRST INVESTMENT BANK AD$0.217 billionNikola Bakalov
7GRADUS AD$0.194 billionGeorgi Babev
8EUROHOLD BULGARIA AD$0.188 billionAssen Minchev
9VELGRAF ASSET MANAGEMENT AD$0.181 billionRumen Goranov Tsonkov
10HOLDING VARNA AD$0.163 billionMilcho Petkov Bliznakov
11ADVANCE TERRAFUND REIT$0.160 billionRadoslav Iliev Manolov
12235 HOLDINGS AD$0.139 billionJulian Arabadjiyski
13SOFIA HOTEL BALKAN AD$0.133 billionIoannis Nikolaos Daskalantonakis
14TPP-BOBOV DOL AD$0.127 billionDaniel Boychev
15STARA PLANINA HOLD PLC$0.123 billionEvgeniy Vasilev Uzunov
16SMART ORGANIC AD$0.117 billionYani Dragov
17TELEMATIC INTERACTIVE BULGARIA EAD$0.112 billionLachezar Petrov
18SOPHARMA TRADING AD$0.111 billionEmil Georgiev Kostov
19CENTRAL COOPERATIVE BANK AD$0.111 billionTzvetan Tzankov Botev
20DOVERIE UNITED HOLDING AD$0.110 billionAlexander Hristov
21ATOMENERGOREMONT PLC$0.108 billionNikolay Krumov Petkov
22ODESSOS SHIPREPAIR YARD S.A.$0.108 billionDimitar-Todorov
23BULGARIAN-AMERICAN CREDIT BANK AD$0.106 billionIlian Georgiev
24GALATA INVESTMENT COMPANY AD$0.101 billionPaolina Sinabova
25SOPHARMA PROPERTIES REIT$0.099 billionBoris Anchev Borisov
26ALBENA AD$0.063 billionKrasimir Veselinov Stanev
27HYDRAULIC ELEMENTS AND SYSTEMS AD$0.057 billionVasil Georgiev Velev
28INVESTOR.BG AD$0.056 billionLyubomir Kostadinov Lekov
29BULGARIAN STOCK EXCHANGE AD$0.056 billionManu Todorov Moravenov
30INVESTOR.BG AD$0.055 billionViktoriya Emilova Mitkova

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CEOWORLD magazine - Latest - Banking and Finance - Bulgaria’s Largest Companies by market capitalization, 2024
Frank Brown
Senior Writer at CEOWORLD Magazine. I am an experienced business journalist and commentator, currently senior business writer and consulting editor for the Executive Council of CEOWORLD Magazine. I have held a number of senior leadership and strategic roles at the CEOWORLD Magazine, heading teams in London and New York, and have spearheaded important editorial projects and events.