Background

IBEC supports the medical industry in Bulgaria

International Bank for Economic Co-operation has opened a credit line to the Bulgarian Doverie United Holding, which is part of the Sopharma AD group. The amount of financing is EUR 5 million, the funds will be allocated for the implementation of ongoing projects of the holding enterprises.

Doverie United Holding is an investment holding which includes a group of companies of various industries in 9 regions of Bulgaria. Its specialization is mainly long-term equity investments in enterprises of the manufacturing sector and services.

The major shareholder of the company is Sopharma AD, one of the leaders in the Bulgarian pharmaceutical market and a backbone for the Bulgarian economy. The key areas of business are the production and distribution of medical products, the provision of pharmaceutical consulting services. Sopharma AD has 54 companies, including 6 pharmaceutical factories.

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