The funding was secured through the issuance of 28.75 million new shares at BGN 4 per share.
The fresh capital will bolster Euroins Bulgaria’s expansion in Central and Southeastern Europe, particularly in Poland and Greece, while also strengthening its solvency and advancing digital transformation initiatives.
Euroins Bulgaria operates under the Freedom of Establishment (FoE) directive in Bulgaria and extends its services across Poland, Spain, Germany, Italy, and Romania under the Freedom of Services (FoS) directive. Beyond these markets, EIG maintains a strong presence through subsidiaries in North Macedonia, Ukraine, and Georgia.
The capital infusion marks a strategic step for Euroins as it seeks to reinforce its position in the region’s insurance sector and drive innovation in its offerings.
