Retail sector sees Eid shopping boom

A combination of Eid al-Fitr and Mother's Day has led to an increase in retail sales, according to sector representatives.

The demand for Mother's Day shopping, to be marked on May 9, has come at a time when people already have started shopping for Eid, which will take place on May 2-4 at the end of the Muslim holy month of Ramadan.

Corporate Commercial Bank Becomes Third Largest Owner of Bulgartabac

The Corporate Commercial Bank (KTB) is the third largest stake holder in Bulgaria's largest tobacco company, Bulgartabac Holding.

According to the report of the Capital Daily business daily, it has purchased 3.22% of Bulgartabac's stakes and the total ownership of the bank became 6.02%.