Founded 30 years ago on 12.12.1991, Commercial League - National Pharma Center (now Global Pharma Center) has grown and established itself throughout the difficult transition to democracy and a market economy as a leading investor and interest-free lender to Bulgarian national healthcare. The group of companies, of which a number of the country's leading healthcare and insurance companies are part, is today widely recognized as a legendary innovator with a mission to improve and prolong the lives of the country's people and reduce mortality from chronic and other socially significant diseases, enhance the quality of life for all and secure a peaceful old age for people in their golden years. From the comprehensive distribution and supply of medicines and medical supplies to all Bulgarian hospitals and pharmacies during the first 15 transitional years of shortages and instability, with Tchaikapharma High Quality Medicines the activities of the company group expanded to the development and modern Bulgarian production of affordable medicines. Modern plants in Varna and Plovdiv are operating at full capacity to provide medications for millions of patients in Bulgaria, and a third major plant in Sofia is being built to produce polypills for a range of, mostly chronic, diseases - part of the lives of tens of millions of Europeans. For almost four years, Tchaikapharma (ticker THQM) has been the most expensive company by market capitalisation on the Bulgarian Stock Exchange, worth over one billion leva, with hundreds of satisfied shareholders. Since 2007, over 2.3 million patients have been diagnosed and treated at the Bulgarian Cardiac Institute - the "palaces of health" 'Heart and Brain', the 5 specialized cardiology hospitals and 15 medical centers. With the construction of the high-tech, specialized and multidisciplinary active treatment hospitals in Pleven and Burgas, side by side, Bulgarian and European doctors are reaching unique skills and capabilities, such as bloodless operations with the only Gamma Knife in the Balkans for the removal of tumors and metastases in the brain (Pleven) and through multidisciplinary robotic surgery (Pleven and Burgas) in 5 medical specialties. In just two years in the 'small' 'Heart and Brain' Burgas more than 1300 heart surgeries have been performed and thousands of lives have been saved, and since mid-November 2021 the hospital has started work in a new ultra-modern building, awarded first prize at the National Competition "Building of the Year 2021" in the category "Social Infrastructure and Special Purpose Buildings - Healthcare Buildings". It will not be long before this quality and expertise will be available in Sofia. Last year, the prestigious international business ranking of SeeNews awarded Insurance Company 'DallBogg: Life and Health' among the top 30 best insurers in South-East Europe. On the eve of its 30th birthday, Commercial League welcomed the launch of the youngest company in the group – Pension Assurance Company DallBogg: Life and Health - the first licensed in the country in the last 12 years with fully paid-up share capital. Its three licensed and registered funds - Universal, Professional and Supplementary - are now working tirelessly to create a secure and predictable financial environment and a peaceful everyday life and secured future for all Bulgarians. The Epicenter.bg team wishes Commercial League longevity and to serve as an example through its investments in Bulgaria! The original article is available here in Bulgarian....

On the eve of its 30th anniversary, Commercial League – Global Pharmacy Center was distinguished as Investor of the Year in the Special Purpose Buildings cathegory at the annual M2 Construction Awards. The accolade is based on completed square meters of floor space in 2020 and identifies Commercial League as the most active investor in Bulgaria. The annual construction awards are given to investors, designers, builders and consultants who completed the largest projects in Bulgaria during the year....

The companies include in the annual ranking “300 Business Leaders in Bulgaria” are selected according to the criteria “Earnings Before Interest, Tax, Depreciation and Amortization” (EBITDA) calculated on the basis of the individual financial statement of a certain company for 2020. The ranking includes only companies that have published officially their financial statements for 2020 before 30.09.2021, in the Trade Registry or in other official sources. Against the backdrop of the ongoing severe pandemic and economic crisis, Commercial League – Global Pharma Center improves last year's result by an impressive 91.28% and marks EBITDA of BGN 34,789,000 for 2020....

The Ministry of Economy will provide the Municipality of Burgas with funds for the construction of a new 500 m long street in the North Industrial Zone. This is a result of the governmental decision to approve the financing of public municipal infrastructure under the Investment Promotion Act (IPA). The infrastructure is being constructed in connection with the implementation of the investment project "Construction of the Heart and Brain Center of Clinical Excellence" certified under the IPA. Earlier this year, Commercial League - Global Pharma Center, was granted the class “A” investments certificate for the construction of the new state-of-the-art hospital in Burgas. The development and realization of the project is awarded to the Architectural and Construction Bureau Helvetia. The project was praised personally by the Vice-minister of Economics at the special ceremony. The construction of the new street will significantly improve the transport service of the area as it will provide a direct entrance/exit from and to the main road I-6 Sofia-Burgas. This will stimulate future investment in this area, while easing the traffic entering through the city's entrance roundabout, which is the main connection of transit traffic to the South Black Sea coast and the Turkish border. The construction of the infrastructure will increase the quality of transport communications, improve transport services, and lead to favourable conditions for business development. The newly constructed infrastructure will be owned by the Municipality of Burgas....

Interview by Diana Yankulova with Tihomir Kamenov in the ''Sunday 150" show "You cannot negotiate or come into an agreement with this virus. Everyone agrees that the pandemic is a war. The question is why the world's leaders did not act like in a war. Only China did." This was said to BNR by the businessman Tihomir Kamenov, an investor in the field of healthcare and pharmaceuticals, who took part in the "Sunday 150" show from Zurich. According to him, the fact that no modern world political leader has lived in times of war is a valid explanation and an answer to this question. "The best solution is not to close businesses but prevention with medications, until we get vaccinated. After that, the mechanical measures should continue" according to him and gives the example of China, where "people were locked in their homes, the army was delivering food and mass prevention with hydroxychloroquine was carried out”. You can find the original article here....