Bulgarian company Sirma Group Holding expands its access to European capital with an official debut on the German stock exchange

Bulgarian technology group Sirma Group Holding marks a historic milestone in its development by officially launching trading of its shares on the Frankfurt Stock Exchange. Following a successful dual listing procedure, the company's securities are now available simultaneously in Sofia and Frankfurt through the specialized EuroBridge market segment, BalkanEngineer.com learned from Economy.bg.

Sirma Group is the second Bulgarian company to take advantage of EuroBridge's opportunities, after Shelly Group. According to the CEO of the Bulgarian Stock Exchange, Manu Moravenov, this move is proof of the competitiveness of local business on the international stage and paves the way for stronger integration with European capital markets. Sirma's decision to list in Germany is strategically justified by the company's strong focus on the DACH region (Germany, Austria, Switzerland) and its growing portfolio of artificial intelligence solutions.

With over 30 years of history and 10 years of experience as a public company on the Bulgarian Stock Exchange, Sirma Group Holding aims to attract technology-oriented global investors through its presence in Frankfurt. CEO Tsvetan Alexiev emphasized that the German stock exchange's high standards of corporate governance are fully in line with the group's philosophy. This move also provides access to more sources of capital needed for the next phases of business transformation and technological innovation.

Photo source: Sirma Group Holding, ©Engineer BG via Canva.com