About us

The company was registered in 1994. The capital is BGN 250 000. Licenses for an investment intermediary for activity in the country and abroad – Decision 103-IP / 11 June 1997 of the Securities and Stock Exchange Commission; Permit No. РГ 03-10 / 26.10.2000г. of the State Securities Commission /; Authorization by the Financial Supervision Commission No WG-03-0010 / 02.09.2005, № РГ-03-0010 / 03.04.2006г. and No WG-03-0010 / 10.05.2013.
HEADQUARTERS AND ADDRESS OF MANAGEMENT Sofia, Triaditza, 71 Knyaz Boris I Str

73, Todor Aleksandrov Blvd., Sofia 1303, Bulgaria, tel. 02/980 48 25, 987 33 60, fax: 02/986 09 11, email: office@aval-in.com

Implementation on the territory of the Republic of Bulgaria within the European Union and the European Economic Area and in third countries of:

(a) investment services and activities under Article 5, paragraph 2, items 1, 2, 4, 5 and 7 of the ZPFI, as follows: – acceptance and transmission of orders in relation to one or more financial instruments, including brokerage for transactions in financial instruments; – executing orders on behalf of clients; – portfolio management; – providing investment advice to a client; – offering for initial sale of financial instruments without an unconditional and irrevocable obligation to acquire financial instruments on its own account.

b) additional services under Art. 5, para 3, items 1 – 5 and 7 of the ZPFI, as follows: – the safekeeping and administration of financial instruments on behalf of clients, including trusteeship clients in a depositary institution) and related services such as the management of the money received / the collateral provided; – granting of loans for transactions with one or more financial instruments, provided that the person providing the loan participates in the transaction under terms and conditions established by an ordinance; – company consultations on capital structure, industrial strategy and related issues as well as advice and services related to mergers and acquisitions; – provision of services related to foreign payment instruments in so far as they are related to the investment services provided; – investment research and financial analysis or other forms of general recommendation relating to transactions in financial instruments; – services under art. 5, para 2 and para 3, item 1-6 in relation to the underlying asset of derivative financial instruments under Article 3, item 2, letters “d”, “e”, ” and “and” of the ZPFI, insofar as they are related to the provision of services under Art. 5, para 3, items 1 – 6 and under Article 5, paragraph 2 of ZPFI.

The management system of the company is Board of Directors, consisting of three members.

Velichka Sahakyan – Executive Director and Representative;

Bistra Ilkova – Chairman of the Board of Directors;

Rumen Panayotov – Investment advisor;

Hristo Terziev – Stock Broker;

Mariela Popova – Back office;

Pavlina Vardarova – Chief accountant;

Todor Todorov – Compliance officer.