Atanas Burov Foundation presents annual awards for Contribution to Bulgarian business and banking. Winners of the Atanas Burov Foundation's annual awards for 2026 (BTA Photo/Milena Stoykova) 21.10.2026 22:01 The Atanas Burov Foundation's annual awards for 2026, recognizing individuals who have made significant contributions to the development of Bulgarian business and banking, were presented in Sofia on Wednesday. The ceremony was held under the slogan Leadership Deserves Recognition. The awards were presented in five main categories: Banking and Financial Management, Industrial Management, Digitalization and Innovations, Sustainability and Socially Responsible Management, and Lifetime Contribution to the Bulgarian Economy. The last three categories were introduced this year. Christof De Mil, Chief Executive Officer of United Bulgarian Bank (UBB), received the award in the Banking and Financial Management category. The award was presented by Financial Supervision Commission chairman Vasil Golemanski. The Industrial Management award went to Kiril Domuschiev, President of Huvepharma. The award was presented by Deputy Prime Minister and Minister of Economy, Investment, and Industry Alexander Poulev. Miroslav Vichev, Chief Executive Officer of Bulgaria's payment and card operator, BORICA, was recognized in the Digitalization and Innovations category. He received the award from Innovation and Digital Transformation Minister Ivan Vasilev. The award for Sustainability and Socially Responsible Management went to Telerik Academy. It was presented by Labor and Social Policy Minister Nataliya Efremova. Ognian Donev, Chief Executive Officer of Sopharma, received the award for Lifetime Contribution to the Bulgarian Economy. Petya Dimitrova, chair of the Board of Directors of the Atanas Burov Foundation and Postbank CEO and Board Chair, presented the award. Two special awards were also presented. Vladimir Nikolov, Operational President of Fantastico Group, received the Visionary in Corporate Leadership award. Sofia Mayor Vassil Terziev presented the award. The Bulgarian Brand on a Global Scale award went to Raycho Raychev, founder and Chief Executive Officer of EnduroSat. Mastercard Regional Manager for Bulgaria, North Macedonia, Albania, and Kosovo, Vanya Manova presented the award. The ceremony was opened by Petya Dimitrova, who highlighted the development of the foundation's summer school and the expansion of its scholarship programmes as key priorities. The Burov Awards are presented annually to outstanding executives in Bulgaria's banking and financial sectors and industry. For the first time this year, the nomination, evaluation and winner selection processes were conducted using an independent methodology developed and administered by consulting firm Deloitte.

Redwire deepens European presence with EnduroSat partnership. Stock score locked: want to see it? Benzinga Rankings give you vital metrics on any stock - anytime. Redwire Corporation (NYSE:RDW) shares rose on Wednesday after the company signed a memorandum of understanding with EnduroSat to pursue European government, defense and commercial space infrastructure projects. EnduroSat is a space company that builds standardized, software-flexible satellites and offers constellation-as-a-service solutions. The agreement pairs Redwire's spacecraft systems, power technologies and prime-contractor experience with EnduroSat's high-volume satellite manufacturing capabilities. Redwire, EnduroSat target European Space projects. The companies plan to pursue opportunities in Very Low Earth Orbit operations for national defense, EU-based orbital data centers and next-generation positioning, navigation and timing constellations. Redwire would contribute power systems, deep-space avionics, and experience leading multinational missions, while EnduroSat would provide serial spacecraft production and constellation-deployment capabilities. Redwire's European programs include the European Space Agency's Skimsat VLEO technology demonstrator and Belgian Defence's MATTEO security satellite. The company is also involved in ESA's Σyndeo-3 mission. "The partnership with EnduroSat will help European customers field the space capabilities they need," said Marc Dielissen, director general of Redwire Space Europe. EnduroSat CTO Victor Danchev said combining Redwire's experience on major European and U.S. missions with EnduroSat's satellite production capabilities could give customers "the confidence and the speed to scale they require." Technical setup remains weak. Redwire remains technically weak, trading 14.3% below its 20-day SMA of $10.00 and 21.5% below its 50-day SMA of $10.92. RSI stands at 28.87, placing the stock in oversold territory, while MACD remains below its signal line, pointing to continued bearish momentum. Key support sits near $8, with resistance around $9. Holding support could stabilize the stock, while a break below that level would further weaken the setup. Redwire formed a Death Cross in October, when its 50-day SMA moved below its 200-day SMA, reinforcing the broader downtrend. Shares are down 7.47% over the past 12 months and trade at about 17% of their 52-week range, leaving the stock much closer to its lows than its highs. Earnings and analyst outlook. Redwire is expected to report earnings on Nov. 4. Analysts estimate a loss of 12 cents per share, down from 29 cents a year earlier, on revenue of $125.48 million, up from $103.43 million. The stock carries a Hold consensus rating with an average price target of $14.30. Piper Sandler initiated coverage with a Neutral rating and a $11 forecast on Oct. 15. Guggenheim initiated coverage with a Neutral rating on Sept. 15, while Bank of America Securities maintained an Underperform rating and raised its forecast to $8 on Aug. 31. RDW Stock Price Activity: Redwire shares were up 3.07% at $8.56 at the time of publication on Wednesday, according to Benzinga Pro data.

Innovation Minister, French Ambassador discuss AI, space technology cooperation. Innovation Minister Ivan Vasilev, Sofia, September 23, 2026 (BTA Photo/Blagoy Kirilov) 24.09.2026 14:53 Minister of Innovation and Digital Transformation Ivan Vasilev discussed opportunities for deepening cooperation between Bulgaria and France in the fields of innovation, artificial intelligence (AI), and space technologies during a working meeting with the French Ambassador to Bulgaria, Marie Dumoulin, according to a press release by the Ministry on Thursday. Vasilev highlighted the Ministry's key priorities: transforming the economy toward high-value-added products and services, making Bulgaria the best place in Europe to launch and grow a high-tech business by 2030 and providing targeted support for such innovative manufacturing and companies. He also emphasized the digital transformation of the administration, which entails the reorganization and restructuring of various processes. The meeting also underscored the importance of the memorandum signed during the International Space Summit in Paris between the Bulgarian space company EnduroSat and the French company Arianespace. Vasilev and Dumoulin also discussed the topic of technology transfer, the achievements of Bulgarian and French scientists, their developments, and the strengthening of the link between science and business to ensure that research results reach the market. Deputy Minister Mira Yosifova also took part in the meeting. She noted that, just days earlier in Paris, she had presented Bulgaria's progress, actions and initiatives undertaken by the Ministry of Innovation and Growth to develop the country's space sector. "We believe that Bulgaria can become a key part of European space sector value chains by securing specific, competitive positions within them," she concluded.