The National Corporate Governance Commission has determined the constituents of the Corporate Governance IndeX (CGIX) for the coming one-year period.
After analysing the statistics, showing that the minimum liquidity criteria are met by 21 companies, and considering the twelve self-assessment cards published, the companies rating is as follows:
- Industrial Holding Bulgaria PLC – Sofia;
- Albena AD – Albena;
- Korado AD – Strazhica;
- Sopharma AD – Sofia;
- Monbat AD-Sofia;
- Chimimport AD – Sofia;
- Bulgarian Stock Exchange AD - Sofia.
Stara Planina Hold AD has been excluded, due to non-compliance with the minimum liquidity criteria, while Sirma Group Holding JSC-Sofia and CB Central Cooperative Bank AD-Sofia have been excluded due to lack of self-assessment card.
The weight factors of the issues will be later determined by the Bulgarian Stock Exchange. The changes come into force as of 24 June 2019.
source: National Corporate Governance Commission