What BGI Group does

BGI Group (Би Джи Ай Груп АД) is a Bulgaria-domiciled, publicly listed investment company founded on February 28, 2007 and headquartered at ul. Dobrudzha 6, Sofia. It has traded on the Bulgarian Stock Exchange (Sofia AD) since June 25, 2008 under a one-tier Board of Directors governance structure, with share capital of BGN 6,665,000 (6,665,000 ordinary shares at BGN 1 nominal) and an outstanding corporate bond of BGN 3,962,000 (ISIN BG2100011142) maturing December 3, 2029. The company's stated object of activity is the acquisition and disposal of real estate, commercial representation, construction and development, production and trade of agricultural products, and any non-prohibited activity, with an explicit investment policy targeting problem and undervalued Bulgarian real estate assets, properties under construction, equity participations in real estate companies, limited real rights, receivables secured by real estate, and agricultural land.

The operating model combines direct property ownership (notably vacation apartments in the Sunny Beach resort and a 2023-vintage property interest in Samokov via the Borovets Grand Chalet EOOD subsidiary), short-term lending to real estate counterparties (BGN 612,000 of interest income in 2025), equity and bond holdings in Bulgarian real estate companies, and occasional consulting services. The entity operates as an investment vehicle rather than a product or software platform: there are no proprietary technology components, no digital products, and no app or API surface. In February 2024 the company divested its main operating subsidiary BGI IMO EAD to Trakiec Land Development EOOD for BGN 3,000,000 in 10-year installments, leaving BGN 2,186,550 receivable outstanding at year-end 2025. Total assets stood at BGN 11,442,000 and total equity at BGN 7,117,000 on December 31, 2025, with operating revenue of only BGN 32,000 and a marginal BGN 1,000 net loss for the year, consistent with an entity whose economics are driven by financial income and capital gains rather than operating scale.

Name

BGI Group

Legal name

Би Джи Ай Груп АД

Website

https://bgigroup.eu

Company type

Public

Founded year

2007

Operating status

Operating

Short description

BGI Group is a Bulgarian publicly listed investment company that buys, finances, and trades undervalued domestic real estate, agricultural land, and related equity and debt instruments, serving Bulgarian real estate investors via shares and bonds listed on the Bulgarian Stock Exchange.

Ownership category

akta.pro rank

Product category

Real Estate Investment

NAICS

Funds, Trusts, and Other Financial Vehicles (525)

SIC

Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Commercial Real Estate Asset Management (BPAJAMAB)

akta.pro secondary industry

Land Brokerage (Raw Land & Development Sites) (FSAEAJAD)

Keywords

• Real estate investment
• Property acquisition
• Corporate lending
• Securities trading
• Agricultural land

Headquarters

HQ city

Sofia

HQ country

Bulgaria

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Others

Revenue model

1. Consulting services: The company generates revenue from consulting services provided to third parties.
2. Interest income: Financial income from interest on short-term loans provided to third parties, primarily companies operating in the real estate sector.
3. Real estate transactions: Revenue from sale of investment properties including vacation apartments in Sunny Beach resort.
4. Securities investments: Income from investments in financial instruments including shares and bonds of real estate companies.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

BGI Group is a publicly listed Bulgarian investment company that invests its own capital in real estate assets, agricultural land, equity participations in real estate companies, and securities traded on the Bulgarian capital market. In addition, it extends short-term loans to companies operating in the real estate sector and provides consulting services related to its investment activities. Revenue is generated primarily from interest income, investment income, real estate transactions, and consulting fees.

Product overview

BGI Group (Би Джи Ай Груп АД) is a Bulgarian public investment company focused on real estate investments, financial instruments, and corporate lending. The company operates as a single-entity investment vehicle rather than a technology product platform, investing in residential and commercial real estate, agricultural land, and providing short-term loans to third parties primarily in the real estate sector. The company also manages a corporate bond issuance (ISIN BG2100011142). No distinct branded products, modules, or software offerings were identified in the source data.

Differentiator

Problem solved

Functional benefit

Products and services

• Real estate acquisition and disposal Buying and selling real estate properties as part of the company's core investment policy, with a stated focus on undervalued and problematic Bulgarian real estate assets. Targeted at the Bulgarian property market.
• Short-term corporate lending to the real estate sector Extending short-term loans to companies operating in the Bulgarian real estate sector, providing bridge financing to property developers and operators.
• Equity participations in real estate companies Acquiring equity stakes in Bulgarian real estate companies as part of the company's investment portfolio strategy.
• Agricultural land investment Acquisition and holding of agricultural land as part of the company's diversified real estate investment portfolio in Bulgaria.
• Securities portfolio investment Investing in securities traded on the Bulgarian capital market, generating dividend income and capital gains for the company's portfolio.
• Real estate and investment consulting services Advisory and consulting services related to the company's investment activities, provided to real estate sector counterparties and other clients.
• Corporate bond issuance (ISIN BG2100011142) A 3,962,000 BGN corporate bond issued by the company, with a 6.5% annual interest rate and a 6-year maturity, listed on the Bulgarian Stock Exchange and used to fund the company's lending and investment activities.

Quantifiable outcome

• 126 thousand BGN in principal repayments received from issued loans in 2025
• +1 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered minor and core.

• BGI Imo EADminorStrategic or Co-development Partner · 23 March 2023BGI Imo EAD, a subsidiary, together with its newly established subsidiary Borovec Grand Shale EOOD acquired rights to purchase property under a financial lease contract for real estate in Samokov for 2,927,888 EUR.
• Trakiec Land Development EOODcoreStrategic or Co-development Partner · 25 June 2015BGI Group sold its subsidiary BGI Imo EAD to Trakiec Land Development EOOD for 3,000,000 BGN, payable in installments of 300,000 BGN until June 2024 over 10 years. Receivable under this contract was 2,186,550 BGN as of December 31, 2025.
• Intercapital EOODminorOthers · 1 January 2015Intercapital EOOD manages the company website and email contact ([email protected]), also serving as investor relations contact.

Scale indicators5 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• Agro Finance REIT: Bulgarian REIT listed on BSE-Sofia investing primarily in agricultural land and adjacent real estate. Comparable to BGI Group's agricultural-land and rural property strategy within the same Bulgarian regulatory environment.
• Advance Terrafund REIT: Bulgarian REIT listed on BSE-Sofia focused on acquisition and management of agricultural land and real estate. Closest direct peer to BGI Group's stated mandate of investing in agricultural land and undervalued real estate assets in Bulgaria.
• Elana Agroinvest REIT: Bulgarian REIT managed within the Elana financial group, investing in agricultural land. Comparable listed-vehicle structure and parallel agricultural-land investment focus to BGI Group's stated mandate.
• Slanchevi Lachi REIT (Sunny Beach REIT): Bulgarian REIT focused on resort properties in the Sunny Beach area, where BGI Group also holds and sells vacation apartments. Directly comparable on Bulgarian hospitality/resort real estate exposure and listed-entity structure.

Broad incumbents

• Chimimport AD: One of Bulgaria's largest publicly-listed holding/investment companies with diversified real-estate and finance operations. Useful broader-incumbent reference for how large Bulgarian holding vehicles operate, even though scale and focus differ materially from BGI Group.
• Stara Planina Hold AD: Bulgarian publicly-listed holding company with diversified manufacturing and real-estate exposure. Comparable as a Bulgarian listed investment vehicle operating across multiple asset types, though at substantially larger scale than BGI Group.
• Industrial Holding Bulgaria AD: Large Bulgarian publicly-listed holding company with diversified industrial and real-estate investments. Broader incumbent peer for understanding BGI Group's positioning within the Bulgarian listed-investment universe.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat2 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about BGI Group