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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:

  1. Industrial Holding Bulgaria PLC – Sofia;
  2. Albena AD – Albena;
  3. Korado AD – Strazhica;
  4. Sopharma AD – Sofia;
  5. Monbat AD-Sofia;
  6. Chimimport AD – Sofia;
  7. 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