Central Cooperative Bank (CCB) has acquired 18% of the capital of a Bulgarian media company. Object of interest is the company Bulgaria On Air Ltd., whose business is the creation and distribution of radio and television programs, maintenance and operation of cable television networks, internal and external trade. Partners in the company are M Sat Cable JSC, Saglasie - Pension Insurance Company JSC, CCB - Sila Pension Insurance JSC, Plovdiv Commodity Exchange, Armeec Insurance Company JSC and CCB, which holds 720 thousand in the capital.
Source: Darik Radio (14.02.2011)

Bulgarian Central Cooperative Bank and several other entities linked to industrial conglomerate Chimimport have become shareholders in local television and radio broadcaster Bulgaria on Air, the successor of Varna-based TV Channel M Sat. The shareholders reshuffle follows the increase of the company's capital to BGN 4 million from BGN 5,000 in late 2010. Prior to the transaction, Bulgaria on Air was fully-owned by MSAT Cable, a company associated with Chimimport's majority shareholders. The cable TV operator now holds a stake of 51.4% in the company. Currently, CCB is the broadcaster's second biggest shareholder with a 18% stake, as the online English edition of Dnevnik Daily reported. Among the other shareholders of Bulgaria on Air are also Saglasie pension fund, CCB-Sila pension fund, Plovdiv Commodity Exchange, insurer Armeets and Bulgarian flag carrier Bulgaria Air. All five companies are controlled directly by Chimimport or by entities linked to the conglomerate.
Source: investor.bg (15.02.2011)

Bulgarian pension funds Suglasie and CCB Sila, which are linked to industrial conglomerate Chimimport, have acquired a combined stake of 33 per cent in local investment fund KD Pelikan for 2.125 million leva, Central Depositary data shows. The deal comes several weeks after Chimimport took indirect control of asset manager KD Investments, the owner of KD Pelikan. The largest part of the investments was made the previous week, with only CCB Sila having held a 2.3 per cent stake prior to the transaction. The pension fund now owns 6.6 per cent of KD Pelikan. In early April, Sila Holding, an investment company related to Chimimport, gained full control of KD Investments.
Source: Dnevnik (31.05.2011)