Bulgarian Stock Exchange
The first provisional Stock Exchange Act was adopted in 1907 and regulated the structure and functions of both the stock and commodity exchanges in the country. On April 15th 1914, under the King's Decree №7 was established the first real Bulgarian stock exchange, named Sofia Stock Exchange. It was a market place for trading public and private securities.
Sofia Stock Exchange started its activity in January 1918. Initially there were 21 companies listed on the exchange. Trading on Sofia Stock Exchange ceased during the period November 1925 - September 1928 due to political reasons. During the world economic crisis of 1929-1933 the Exchange worked on a small scale due to the bankruptcy of a large number of local companies and low liquidity. Thereafter the realized turnover and the liquidity increased and some 30 companies were listed.
In 1947 Sofia Stock Exchange ceased its operations and during the communistic regime there was no capital market in Bulgaria. The latter was reestablished with the introduction of the Commerce Act in 1991.
December 1995 - Bulgarian Stock Exchange is established
Bulgarian Stock Exchange was established after the merger of the following regional exchanges: First Bulgarian Stock Exchange, Plovdiv Stock Exchange, Black Sea Stock Exchange, Dunav Commodity Exchange and Sever Stock Exchange.
October 1997 - BSE licensed by the local regulator
BSE AD was officially licensed as a Stock Exchange by the Bulgarian Securities and Stock Exchanges Commission. The first trading session on the regulated market took place on October 21, 1997 and its official start was given by the Bulgarian Prime Minister. More than 1,000 companies were listed on the Free (OTC) Market as a result of the Mass Privatization Program.
July 2004 - First IPO on the Exchange
The first initial public offering was carried out on the Bulgarian Stock Exchange by the Internet company Investor.BG AD.
June 2007 - BSE-Sofia becomes a full member of FESE
BSE-Sofia became a full member of the Federation of European Securities Exchanges (FESE), which represented operators of the European regulated markets.
January 2008 - BSE-Sofia launched the specialized media X3News
BSE-Sofia launched X3News (x3news.com) - a specialized media, through which the public companies and the other issuers of securities can fulfill their legal obligations for information disclosure to the public according to the Law on public offering of securities.
June 2008 - BSE-Sofia successfully launches Xetra trading platform
BSE-Sofia successfully launched the Deutsche Boerse electronic trading system Xetra.
January 2011 - BSE-Sofia lists on the Exchange
BSE Sofia becomes a publicly listed company (stock symbol: BSO).
February 2018 - BSE-Sofia acquires Independent Bulgarian Energy Exchange
After acquiring all the necessary approvals, the contract between Bulgarian Stock Exchange - Sofia and Bulgarian Energy Holding for transferring the shares of Independent Bulgarian Energy Exchange (IBEX) has come into force. The BSE-Sofia has thereby acquired 100% of the IBEX capital.
December 2018 - Small and medium enterprises are able to raise funds via the BSE within easier term
Bulgarian Stock Exchange has been granted an approval by the Financial Supervision Commission to create a new SME Growth Market called BEAM (Bulgarian Enterprise Accelerator Market). Thus SMEs are able to raise funds up to EUR 1 M without prospectuses via the BSE within easier terms.
June 2019 - BSE introduces the most advanced trading technology of Deutsche Bоerse – Т7
Deutsche Bоerse's T7 enables market participants of the Bulgarian capital market first in Eastern Europe to benefit from state-of-the-art trading technology.