Industry Report Construction of buildings 2018

seenews.com/reports

This industry report is part of your subcription access to SeeNews | seenews.com/subscription CONTENTS

I. KEY INDICATORS

II. INTRODUCTION

III. REVENUES

IV. EXPENSES

V. PROFITABILITY

VI. EMPLOYMENT 1 SeeNews Industry Report

NUMBER OF COMPANIES IN CONSTRUCTION OF BUILDINGS I. KEY INDICATORS INDUSTRY BY SECTORS SECTOR 2018 2017 2016 The Construction of buildings industry in Bulgaria was CONSTRUCTION OF RESIDENTIAL AND NON- 7,320 7,165 7,139 represented by 8,070 companies at the end of 2018, RESIDENTIAL BUILDINGS compared to 7,855 in the previous year and 7,764 in 2016. DEVELOPMENT OF BUILDING PROJECTS 750 690 625

The industry's net profit amounted to BGN 396,832,000 in 2018.

The industry's total revenue was BGN 7,242,353,000 in III. REVENUES 2018, up by 11.92% compared to the previous year. The total revenue in the industry was BGN 7,242,353,000 in The combined costs of the companies in the Construction 2018, BGN 6,470,781,000 in 2017 and 5,219,265,000 in 2016. of buildings industry reached BGN 6,786,455,000 in 2018, up by 11.42% year-on-year. Total revenue

Net sales revenue The industry's total revenue makes up 7.32% to the country's Gross domestic product (GDP) in 2018, compared 8,000,000,000 to 6.74% for 2017 and 5.63% in 2016. 7,242,353,000 7,000,000,000 6,470,781,000 A total of 55,895 people were employed in the

Construction of buildings industry in 2018, compared to 6,000,000,000 54,245 in 2017 and 50,608 in 2016. 5,219,265,000 5,843,459,000

5,000,000,000 5,406,010,000 Most of the companies in the industry are based in , followed by Varna and . 4,000,000,000

BGN 4,128,291,000 II. INTRODUCTION 3,000,000,000

In 2018 the companies in the Construction of buildings 2,000,000,000 industry numbered 8,070, distributed in 2 sectors. 1,000,000,000

0 INDUSTRY STRUCTURE BY SECTORS AND NUMBER OF COMPANIES 2016 2017 2018

The companies in the Construction of buildings market of Bulgaria earned combined net sales revenues of BGN 5,843,459,000 in 2018.

In annual terms, sales marked a growth of 8.09% compared to 2017. In comparison to 2016 they grew by 41.55%. In 2017 750 sales rose by 30.95% year-on-year.

The Construction of buildings industry total revenue make up 7.32% to the country's GDP in 2018, compared to 6.74% for 2017 and 5.63% in 2016.

7,320

Construction of residential and non-residential buildings

Development of building projects

In 2017 there were a total of 7,855 companies operating in the industry. In 2016 their number totalled 7,764.

2 SeeNews Industry Report

Share in GDP 8 INDUSTRY'S NET SALES REVENUE STRUCTURE BY SECTORS 7.32%

7 6.74%

5.63%6

5

4

3.51% 3

96.49% 2

1

0 2016 2017 2018

In 2018 the Construction of buildings industry contributed to GDP BGN 6,135,164,000 in Gross value added (GVA) Construction of residential and non-residential buildings accounting for 3.36% of the total for the country's economy. Development of building projects In the previous year, the industry's GVA amounted BGN 5,428,316,000, accounting for 3.19% of the total for the The highest growth, of 10.35%, was recorded by Construction country in 2017. In 2016 the GVA of the Construction of of residential and non-residential buildings, while buildings was BGN 4,266,210,000, or 2.80% of the GVA for Development of building projects registered the sharpest the country's economy. decline, of 30.85%.

GVA BY SECTORS TOP COMPANIES' REVENUE BY SECTORS SEGMENT COMPANY TOTAL REVENUE NET SALES RANK SECTOR BGN SHARE OF THE (BGN) REVENUE (BGN) COUNTRY'S GVA (%) CONSTRUCTION OF RESIDENTIAL AND NON-RESIDENTIAL BUILDINGS 1 CONSTRUCTION OF RESIDENTIAL AND 5,814,798,000 3.18 GLAVBOLGARSTROY AD 153,635,000 131,217,000 NON-RESIDENTIAL BUILDINGS MIKS CONSTRUCTION OOD 125,837,000 123,239,000 2 DEVELOPMENT OF BUILDING PROJECTS 320,366,000 0.18 PLANEX EOOD 84,970,000 71,518,000

DEVELOPMENT OF BUILDING PROJECTS

PLANEX INVEST OOD 22,722,000 13,731,000 We expect, based on the trend in the last three years, the total revenue of the Construction of buildings industry to change YAVOR AD 15,954,000 4,765,000 at a compound annual growth rate (CAGR) of 17.80% in 2019. SOFIA OFFICE CENTRE EOOD 15,382,000 22,000

Construction of residential and non-residential buildings contributed net sales revenue of BGN 5,638,449,000 or The top 10 companies in terms of total revenue in 96.49% of the total net sales in the industry, and sector Construction of buildings accounted for 10.77% of the Development of building projects - BGN 205,010,000 (3.51%). industry's total in 2018, 11.04% in 2017 and 11.59% in 2016.

TOP 10 COMPANIES BY TOTAL AND NET SALES REVENUE IN THE INDUSTRY RANK COMPANY TOTAL REVENUE NET SALE (BGN) REVENUE (BGN) 1 GLAVBOLGARSTROY AD 153,635,000 131,217,000 2 MIKS CONSTRUCTION OOD 125,837,000 123,239,000 3 PLANEX EOOD 84,970,000 71,518,000 4 VDH AD 81,922,000 73,137,000 5 MARKAN EOOD 76,830,000 76,407,000 6 DZHI PI BILD DZZD 67,781,000 63,708,000 7 KOMFORT OOD 54,495,000 51,843,000 8 KALISTRATOV GRUP OOD 45,925,000 41,723,000 9 PIPE SYSTEM AD 44,495,000 44,322,000 10 ARTEKS ENGINEERING AD 44,315,000 36,508,000

The total revenues of the top 10 companies in the 3 SeeNews Industry Report

Construction of buildings were 0.79% of GDP in 2018, compared to 0.74% for 2017 and 0.65% in 2016. TOP 10 COMPANIES BY TOTAL REVENUE IN THE INDUSTRY DEVELOPMENT OF BUILDING PROJECTS WERE: The top 10 by assets in the Construction of buildings market COMPANY BGN made up BGN 282,811,000, or 4.84% of the total net sales PLANEX INVEST OOD 22,722,000 revenue. YAVOR AD 15,954,000 SOFIA OFFICE CENTRE EOOD 15,382,000 TOP 10 BY TOTAL ASSETS IN THE INDUSTRY TECHNOIMPORTEXPORT AD 13,530,000 RANK COMPANY BGN EDELWEISS - 3 BOYANA EOOD 12,841,000 1 GLAVBOLGARSTROY AD 173,823,000 HAS INVEST EAD 11,334,000 2 PONSSTROJINJENERING AD 117,335,000 HUS INVEST SOFIA EOOD 11,118,000 3 ARTEKS ENGINEERING AD 101,480,000 BLD MLADOST AD 10,686,000 4 GLAVNO UPRAVLENIE STROITELSTVO I 87,254,000 LAGOUSTRO STVENI STROEJI EOOD 9,667,000 VAZSTANOVYAVANE EAD VEB ELEMENTBAU GMBH - KLON BULGARIA KCHT 9,364,000 5 ULTRASTROY EOOD 86,252,000

6 VICTORIA GROUP VM EAD 82,556,000

7 PLANEX EOOD 82,375,000 The 10 largest companies in terms of total revenue in sector 8 EVROBILD OOD 80,892,000 Development of building projects earned total revenue of 9 TECHNOEXPORTSTROY EAD 78,184,000 BGN 132,598,000 and accounted for 1.83% of the industry's 10 GK BULGARIA EAD 77,519,000 total revenue.

TOP 10 COMPANIES WITH HIGHEST ANNUAL GROWTH IN OPERATING REVENUE IN CONSTRUCTION OF BUILDINGS IV. EXPENSES RANK COMPANY Y/Y GROWTH 1 BUILD INVEST BULGARIA AD 483100.00% The combined costs of the companies in the Construction of 2 KAMENITSA HIL REZIDENSIS AD 204900.00 buildings industry reached BGN 6,786,455,000 in 2018. % 3 BULBILD BG EOOD 179250.00% 4 KIS INVEST 3 OOD 175600.00% Total Expenses 5 ASAMBLEYA PARK DIVELAPMANT EOOD 152500.00% Operational expenses

6 KARIZMA CH OOD 147600.00% 7,000,000,000 6,786,455,000 7 TARAMEKS BILDING INVEST GRUP EOOD 145700.00% 8 ATG INVEST OOD 95000.00% 6,091,108,000 6,606,833,000 6,000,000,000 9 SOFIA BILD GRUP OOD 83716.67% 10 ATA DESIGN SMLTD EOOD 71900.00% 5,892,078,000 5,006,975,000 5,000,000,000

4,807,159,000 TOP 10 COMPANIES BY TOTAL REVENUE IN THE INDUSTRY CONSTRUCTION OF RESIDENTIAL AND NON-RESIDENTIAL 4,000,000,000 BUILDINGS WERE:

COMPANY BGN BGN 3,000,000,000 GLAVBOLGARSTROY AD 153,635,000 MIKS CONSTRUCTION OOD 125,837,000 PLANEX EOOD 84,970,000 2,000,000,000 VDH AD 81,922,000 MARKAN EOOD 76,830,000 1,000,000,000 DZHI PI BILD DZZD 67,781,000 KOMFORT OOD 54,495,000 KALISTRATOV GRUP OOD 45,925,000 0 PIPE SYSTEM AD 44,495,000 2016 2017 2018 ARTEKS ENGINEERING AD 44,315,000 In annual terms, total expenses increased by 11.42% compared to 2017 and rose by 35.54% in comparison to 2016. The 10 largest companies in terms of total revenue in sector Construction of residential and non-residential buildings The total operating expenses of the companies in the earned total revenue of BGN 780,205,000 and accounted for Construction of buildings industry were BGN 6,606,833,000 10.77% of the industry's total revenue. in 2018.

Operating costs went up by 12.13% compared with the previous year and went up by 37.44% when compared to 2016.

We expect, based on the trend in the last three years, the total costs of the Construction of buildings industry to change at a compound annual growth rate (CAGR) of 16.42% in 2019.

4 SeeNews Industry Report

Construction of residential and non-residential buildings reported the highest total costs, of BGN 6,351,919,000, Employment expenses followed by Development of building projects with BGN Salaries expenses 434,536,000. Social security expenses 685,982,000 700,000,000 614,771,000

INDUSTRY'S TOTAL COSTS STRUCTURE BY SECTORS 600,000,000 530,264,000 589,116,000

500,000,000 528,622,000

457,756,000 400,000,000 BGN 300,000,000

200,000,000 6.40% 85,575,000 96,569,000 100,000,00072,093,000

0 93.60% 2016 2017 2018

The highest growth in labour costs, of 11.64%, was registered by Construction of residential and non-residential buildings.

The monthly costs per employee in the Construction of buildings industry averaged BGN 1,023 in 2018, BGN 944 in 2017 and BGN 873 in 2016.

Construction of residential and non-residential buildings The monthly social security costs per employee in the Development of building projects industry averaged BGN 144 in 2018, versus BGN 131 in 2017 and BGN 119 in 2016. Construction of residential and non-residential buildings marked the highest annual rise in total expenses, of 12.02%. EMPLOYMENT EXPENSES IN CONSTRUCTION OF BUILDINGS BY SECTORS IN 2018 In terms of operating expenses, the highest growth, of RANK SECTOR EMPLOYMENT AVERAGE EXPENSES (BGN) EXPENSES PER 12.64%, was recorded by the Construction of residential and EMPLOYEE non-residential buildings sector. (BGN) 1 CONSTRUCTION OF RESIDENTIAL AND NON- 668,086,000 12,159 RESIDENTIAL BUILDINGS The biggest spenders in the industry, with costs of over 10% of industry's costs, numbered 45, including LINDNER 2 DEVELOPMENT OF BUILDING PROJECTS 17,896,000 18,898 BULGARIA EOOD, JUNG PROJEKT OOD, KALISTRATOV GRUP OOD, PLANEX OOD, GLAVBOLGARSTROY AD. The medium spenders, or those in the 5% and 10% range THE TOP 10 COMPANIES BY AVERAGE MONTHLY COSTS PER count 94 and include EDELWEISS - 3 BOYANA EOOD, EMPLOYEE IN THE INDUSTRY RANK COMPANY BGN GERBERA OOD, EKO FURAJ OOD, BULGARIAN 1 ROSETTA PROPERTIES OOD 25,500 DEVELOPMENT EOOD, DOVERIE EOOD. Below 5% 2 UVEX-SOFIA OOD 14,667 threshhold are 7,931 companies, including STATUS BILD, 3 KARIZMA-UTIS 4 OOD 13,792 BUDAK 07 OOD, PMU OOD, DIMSTROY 5 EOOD, SERDIKA PROPERTIZ EOOD. 4 ALFA 450 EOOD 12,083 5 CONSTRUCTIONS 2018 EOOD 11,083 Employment expenses in the Construction of buildings 6 G&G APARTMENTS AD 9,792 industry went up by 11.58% on the year to BGN 685,982,000 7 NAYS BILDING EOOD 9,750 in 2018. 8 STROJ MAKS-2007 EOOD 9,500 9 IMPULSNO UPLATNYAVANE OOD 8,979 10 EUROINVEST CONSTRUCTION OOD 7,917

The industry's tax expenses stood at BGN 59,066,000 in 2018. In 2017 it paid taxes of BGN 53,144,000. In 2016 the industry paid BGN 38,101,000 in taxes.

5 SeeNews Industry Report

Average taxes expenses by company TOP 10 COMPANIES BY HIGHEST NET PROFIT IN CONSTRUCTION 8,000 OF BUILDINGS 7,319 RANK COMPANY BGN

7,000 6,765 1 MIKS CONSTRUCTION OOD 12,113,000 2 MIKS-PS OOD 9,939,000 3 CENTRAL FORUM OOD 9,258,000 6,000 4 BULGARIAN ECO PROJECTS AD 9,037,000 4,907 5 KARBEN MENIDZHMANT EOOD 8,471,000 5,000 6 PLANEX INVEST OOD 7,786,000 7 SOFBUILD EOOD 6,503,000

4,000 8 EKO FURAJ OOD 6,290,000

BGN 9 TODOROV I SIN 99 OOD 6,098,000 10 SIENIT HOLDING AD 5,877,000 3,000

2,000 TOP COMPANIES BY HIGHEST NET LOSS IN CONSTRUCTION OF BUILDINGS RANK COMPANY BGN 1,000 1 GLAVNO UPRAVLENIE STROITELSTVO I 13,679,000 VAZSTANOVYAVANE EAD

0 2 BULGARIAN DEVELOPMENT EOOD 6,709,000 2016 2017 2018 3 PONS HOLDING AD 6,249,000 4 PETROMAKS PROPARTIS BULGARIA AD 5,830,000 5 OAZIS - STROY BG EOOD 5,551,000 EXPENSES ON TAXES BY SECTORS RANK SECTOR BGN Y/Y CHANGE 1 CONSTRUCTION OF RESIDENTIAL AND NON- 56,452,000 13.80% RESIDENTIAL BUILDINGS The combined operating earnings of the companies in the 2 DEVELOPMENT OF BUILDING PROJECTS 2,614,000 -26.12% Construction of buildings sector grew by 20.08% y/y to BGN 455,898,000 in 2018.

OPERATING PROFIT/LOSS BY SECTORS (BGN) SECTOR 2018 2017 2016 V. PROFITABILITY CONSTRUCTION OF RESIDENTIAL AND 457,157,000 367,778,000 231,112,000 NON-RESIDENTIAL BUILDINGS The industry's net profit amounted to BGN 396,832,000 in DEVELOPMENT OF BUILDING PROJECTS -1,259,000 11,895,000 -18,822,000 2018, compared to a net profit of BGN 326,529,000 in 2017 and a net profit of BGN 174,189,000 in 2016. The profit margin for the Construction of buildings industry stood at 6.40% in 2018, while in 2017 it amounted to 5.99% Net profit/loss and 4.14% in 2016. Operating profit/loss 455,898,000 460,000,000 PROFIT MARGIN BY SECTORS RANK SECTOR PROFIT MARGIN 414,000,000 379,673,000 1 CONSTRUCTION OF RESIDENTIAL AND NON-RESIDENTIAL 6.81% BUILDINGS 396,832,000 368,000,000 2 DEVELOPMENT OF BUILDING PROJECTS -0.30%

322,000,000 326,529,000

276,000,000 The Construction of buildings industry's return on equity (ROE) is 10.75% compared to 9.86% in 2017 and 5.59% in 230,000,000212,290,000 2016. BGN 184,000,000 The Construction of buildings's return on assets (ROA) was 174,189,000 3.28%, while in 2017 it amounted to 2.95% and 1.58% in 2016. 138,000,000

92,000,000

46,000,000

0 2016 2017 2018

6 SeeNews Industry Report

ROE TOP 10 COMPANIES BY HIGHEST AVERAGE NET PROFIT PER ROA EMPLOYEE IN CONSTRUCTION OF BUILDINGS 10.75% 11 RANK COMPANY BGN COMPANY HEA DQUARTERS 9.86% (CITY) 10 1 CENTRAL FORUM OOD 4,629,000 SOFIA

9 2 BBG I KO AD 3,365,000 SOFIA 3 BULGARIAN ECO PROJECTS AD 3,012,333 BISTRITSA 8 4 SOFIA BILD GRUP OOD 2,561,000 SOFIA 5 SOFBUILD EOOD 2,167,667 SOFIA 7 6 SOFIA KEPITAL OOD 1,876,000 SOFIA 5.59%6 7 MARINOV IV INVEST 29 OOD 1,331,000 SOFIA 8 VA BUL SARVIZ EOOD 1,102,250 SOFIA 5 9 N P INVEST EOOD 1,030,000 SOFIA

4 10 EDELWEISS - 3 BOYANA EOOD 940,500 SOFIA

3 3.28% 2.95% 2 About 90.00% of the 10 leading companies in terms of net profit per employee are located in SOFIA, while 10.00% are 1.58%1 BISTRITSA-based.

0 The average net sales revenue per employee in the 2016 2017 2018 Construction of buildings industry amounted to BGN 104,544 in 2018, up by 4.90% compared to 2017 and up by 28.16% compared to 2016. LEADING INDUSTRY'S SECTORS BY ROA 4 3.92 The industry's average operating revenue per employee grew 3.6 by 9.02% year-on-year in 2018 to BGN 127,487. It increased by 25.95% compared to 2016. 3.2 2.8 The Construction of buildings market generated an average 2.4 BGN 129,571 in total revenue per employee. In 2017 and 2016 the figure was BGN 119,288 and BGN 103,131, respectively. 2 1.6 The average total revenue per company in the Construction 1.2 of buildings industry grew to BGN 897,442 in 2018 from BGN 823,779 in 2017. The 2016 value was BGN 672,239. 0.8 0.4 A company in the Construction of buildings sector made on 0 average a net sales revenue of BGN 724,097 in 2018, compared to BGN 688,225 in 2017 and BGN 531,722 in 2016. -0.4 -0.2 Construction of Development of residential and building projects non-residential The Construction of buildings industry made 2.01% of the buildings overall sales country-wide, rising its market share by 0.02 pp.

Operating profit per employee for the industry as a whole was LEADING INDUSTRY'S SECTORS BY ROE 11.93 BGN 8,156 in 2018. For comparison in 2017 it amounted to 12 BGN 6,999 and BGN 6,999 in 2016.

10 THE TOP BY OPERATIONAL PROFIT PER EMPLOYEE IN CONSTRUCTION OF BUILDINGS 8 RANK COMPANY BGN 1 CENTRAL FORUM OOD 5,143,500 6 2 BBG I KO AD 3,365,000 3 BULGARIAN ECO PROJECTS AD 3,347,333 4 4 SOFIA BILD GRUP OOD 2,845,000 5 SOFBUILD EOOD 2,409,000 2

0

-2 -1.16 Construction of Development of residential and building projects non-residential buildings

7 SeeNews Industry Report

A total of 55,895 people were employed in the Construction TOP 10 COMPANIES WITH HIGHEST CORRELATION OPERATING of buildings industry at the end of 2018, compared to 54,245 REVENUE - NUMBER OF EMPLOYEES - EMPLOYMENT EXPENSES* in 2017 and 50,608 in 2016. RANK COMPANY NAME CORRELATION (BGN) 1 CENTRAL FORUM OOD 10,838,000 NUMBER OF EMPLOYEES BY INDUSTRY SECTORS SECTOR NUMBER SHARE OF 2 MARINOV IV INVEST 29 OOD 8,162,000 INDUSTRY TOTAL 3 SOFBUILD EOOD 7,842,000 CONSTRUCTION OF RESIDENTIAL AND NON-RESIDENTIAL 54,948 98.31% 4 BULGARIAN ECO PROJECTS AD 6,846,333 BUILDINGS 5 PIMK BILD EOOD 6,398,000 DEVELOPMENT OF BUILDING PROJECTS 947 1.69% 6 EDELWEISS - 3 BOYANA EOOD 6,269,000 7 SREBARNA 2 OOD 5,142,000 8 SOFIA BILD GRUP OOD 5,019,000 9 BBG I KO AD 4,983,000 10 RICHHILL OOD 4,839,333 ALLOCATION OF EMPLOYEES BY INDUSTRY'S SECTORS

*The correlation is calculated by subtracting the quotient of the operating profit, and the employment expenses to the number of employees.

AVERAGE REVENUES PER EMPLOYEE IN CONSTRUCTION OF BUILDINGS IN 2018 SECTOR AVERAGE NET AVERAGE AVERAGE NUMBER OF SALES OPERATING TOTAL EMPLOYEES REVENUE REVENUE REVENUE (BGN) (BGN) (BGN) CONSTRUCTION OF RESIDENTIAL 102,614 122,135 123,919 54,948 AND NON-RESIDENTIAL BUILDINGS 947 DEVELOPMENT OF BUILDING 216,484 438,059 457,526 947 54,948 PROJECTS

AVERAGE REVENUE PER COMPANY IN CONSTRUCTION OF BUILDINGS IN 2018 SECTOR AVERAGE NET AVERAGE AVERAGE NUMBER OF SALES OPERATING TOTAL COMPANIES REVENUE REVENUE REVENUE (BGN) (BGN) (BGN) CONSTRUCTION OF RESIDENTIAL 770,280 916,812 930,202 7,320 AND NON-RESIDENTIAL BUILDINGS DEVELOPMENT OF BUILDING 273,347 553,123 577,703 750 PROJECTS Construction of residential and non-residential buildings Development of building projects

The total indebtedness of the companies in the Construction The analysis on companies' sizes by the number of of buildings industry was BGN 7,973,231,000 versus BGN employees, shows that 3945 firms have less than 50 7,297,953,000 a year ago. In 2016 the industry's indebtedness employees*, 236 have between 50 and 250 employees* and 6 totalled BGN 7,541,966,000. companies employ more than 250*.

INDUSTRY'S INDEBTEDNESS BY SECTORS (BGN) * Companies without data in the number of employees at end of the year are not SECTOR 2018 2017 2016 taken into consideration. CONSTRUCTION OF 6,468,316,000 5,950,184,000 6,101,686,000 RESIDENTIAL AND NON- RESIDENTIAL BUILDINGS COMPANIES IN THE INDUSTRY BY SIZE IN TERMS OF NUMBER OF EMPLOYEES DEVELOPMENT OF BUILDING 1,504,915,000 1,347,769,000 1,440,280,000 4 000 3 945 PROJECTS 3 600 3 200 Debt-to-assets ratio of the companies in the industry is 0.66 in 2018. It was 0.66 in 2017 and 0.69 in 2016. 2 800

According to market experts, the greatest impact on the 2 400 development of the Construction of buildings industry has net 2 000 sales revenue to raw materials value ratio. In 2018 it stood at 410,893, according to the financial statements of the 1 600 companies in the industry. In 2017 the figure was 356,714 and 243,337 in 2016. 1 200 800

400 236 VI. EMPLOYMENT 6 Small Medium Big 8 SeeNews Industry Report

The employees of the leading 10 companies in terms of numbers make up 5.49% of the workforce in the industry in 2018.

TOP 10 COMPANIES BY SHARE IN INDUSTRY'S TOTAL NUMBER OF EMPLOYEES RANK COMPANY NUMBER OF SHARE EMPLOYEES 1 PLANEX EOOD 562 1.01% 2 ARTEKS ENGINEERING AD 399 0.71% 3 GLAVBOLGARSTROY AD 353 0.63% 4 KOMFORT OOD 292 0.52% 5 EXPRESS GARANTION OOD 289 0.52% 6 ARGOGROUP EXACT OOD 277 0.50% 7 CONTRACT CITY OOD 238 0.43% 8 VDH AD 222 0.40% 9 ZAPRYANOVI 03 OOD 219 0.39% 10 MIG ENGINEERING EOOD 215 0.38%

The Construction of buildings industry is the 10th largest employer in the country with 55,895 employees with the largest employer being Retail trade, except of motor vehicles and motorcycles with 222,070 and Extraction of crude petroleum and natural gas at the bottom with 28 employees.

The Construction of buildings's share in the country's total employment was 2.41% in 2018, 2.96% in 2017 and 2.62% in 2016.

We expect, based on the trend in the last three years, the number of employees of the Construction of buildings industry to change at a compound annual growth rate (CAGR) of 5.09% in 2019.

9 SeeNews Industry Report

The industry is represented by the following companies

STATUS BILD ET RAMDA - YUMER HASAN MAI INVEST OOD GOLDEN SAILING CRUISES EOOD BUDAK 07 OOD KONSORTSIUM OVECH EE 2016 DZZD BUILDCOM INVEST EOOD VADA EOOD PMU SHUMEN OOD TECHNO-STROY COMPLECT EOOD VELOLEX OOD STROY GRUP ILIEVI 2 EOOD DIMSTROY 5 EOOD BTL-2004 OOD TI VI BI AVANGARD DZZD VIK REMONT OOD SERDIKA PROPERTIZ EOOD STANDART - BG EOOD RESTSTROY EOOD GEOKOM RASTER DZZD T-INVEST EOOD KASKOR DIVELTMENT EOOD ARIS STROY EOOD DZHESIKA DIMITROVA TODOROVA AGRI INVESTMANTS OOD MADJAROVI OOD EKOMAT-BULGARIA EOOD L.O.TAL OOD ET MARGARITA HADZHIGAEVA - BAN-90 STROYINVEST EOOD GRIYNLAYF- EOOD IMPULS N EOOD DZZD AGATOPOL IVKON EOOD DEBAR INVEST OOD INTECH INVESTMENT OOD STOIANOV-STOIAN STOIANOV ET VIDBOL 6 DZZD MIGETI ENGINEERING EOOD TUIDA GARDANS AD GLOBAL TREYDNET OOD BONEVI - BURGAS OOD ALTAY-MMC EOOD SABA EOOD BRIK-1 EOOD ET ZHORI - GEORGI PULEV AVAMAR 2005 EOOD DA INVEST OOD RENESANS TRADING EOOD FIORI TREYD EOOD STANGOS EOOD BOZVELI INVEST OOD SI BILD EOOD ALL MAKS EOOD IV-N-73 EOOD SVEA EOOD DOM BUILDING 1 OOD HS - STROY 77 EOOD EE BLOK 82 I BLOK 83 DZZD EDELWEISS - 3 BOYANA EOOD ALFA INTER EOOD BILD ON TIME EOOD MAB - 09 EOOD VINY STROY 77 EOOD DRAGNEV DRAGOMIR DRAGNEV ET END INVESTMANT SARVISIS OOD LORA-5-MARIA BAHNEVA ET EURO STROING EOOD EM AY DI RIPEAR EOOD DANOVI KOMERS EOOD AVS STROY 09 EOOD TRACHINVEST-SOFIA EOOD BLEK SII KAMPANI EOOD RUD STROY OOD TEMIS ES DI EN EOOD KOMPLEKS GALERIYA EOOD M BILD MILENIUM DZZD GARDAN EOOD ST MODUL OOD DANS INVEST EOOD LIDA TREYD OOD KMN GRUP 2017 OOD BLUMBARK INVEST EOOD S - WORKGROUP OOD NIKRAL 15 OOD ALEX - 8 OOD BLD MALENA EAD VARNA CITY HOUSE OOD ZAGORA KANSTRAKSHAN EOOD MAKS STROI 05 EOOD BIBO 69 EOOD AZIAX EOOD SILVESTRO EOOD EVRO VREME OOD MEGAVEL OOD ALGARA BUILD OOD BILD ECSPERT M EOOD SKARABEY 2006 EOOD TATARI DESIGN EOOD AUREUS INVEST EOOD IVKOV PROJECT EOOD ZS INDASTRI EOOD MAGI STROY 2000 EOOD MIDIA PLAST OOD ET DIMITAR GEORGIEV - KOMERSIAL FLAMINGO - I OOD ECODIN EOOD STROY GRUP INGENERING EOOD KOSTAL INVEST OOD ER DZHI BI EOOD HOUM STEYT EOOD IVAYS EOOD UNI INVEST EOOD VILY LUX INVEST EOOD MIGUEL PALMA OOD JUNG PROJEKT OOD ET DIANA KOMERS - KOLYO ZHELEV LINDNER BULGARIA EOOD ANELI - 91 EOOD DZZD DANI VENIGAZ LAZUR FEMILI RIZORT EOOD STROY INVEST OOD FPS GROUP EOOD MV VITOSHA DOMUM EOOD VEKTOR EKUITI EOOD ADLERSTROY EOOD PMU - TALEV OOD HIT STROY A OOD STROYSITI - DK OOD MILDUS EOOD EKTIV ENIES SARVISIZ BULGARIA EOOD EKOBILD 65 EOOD MERIAN 2003 EOOD BILDING KAMPANI MARIA NIKOLOVA ET EVROSERVIZ AS EOOD DANY PERFECT STROY EOOD MENA 2005 OOD PLANER 2002 OOD RAMAR INGENERING EOOD NIKY STROY 17 EOOD VENID - VITA OOD ES ES BI TUR OOD STOYANSTROY EOOD ARGENTSTROY OOD BRIKO 80 EOOD ER ES 8 STROY EOOD KRIS STROY GRUP EOOD RAIZ 1 EOOD MONOLIT OOD BI EN DZHI IMOTI EOOD DIMTEH INZHENERING OOD STILSTROY OOD NIKSTROI-99 EOOD OS INVEST EOOD EMKA STROY EOOD HYDROENERGOSTROY OOD DUTSI GRUP EOOD IGRON GRUP EOOD DZHERANITSA EOOD KONSORTSIUM EVROTERM SANIRANE 2016 DZZD ET LACHEZAR VASILEV DAVCHEV PROPARTI EOOD VAG - 99 EOOD CONSTRUCTION COMPANY EOOD DI EL ESTEYT OOD NOV DOM STROY OOD MARINA MARINKA YOVCHEVA ET NOVA BILD PRADAKSHAN OOD ZAFIR ESTEYTS EOOD GEOKAD OOD VITAL 69 EOOD AVANGARD PROEKT EOOD TRANSSTROY INVEST VARNA EOOD TOBO PRES EOOD PARIS 81 EOOD NIKO 94 LG EOOD BG DIVELAPMANTS OOD VIANA EOOD VICTORY GROUP 2013 EOOD STROYGENPLAN EOOD SOLID STROY EOOD KRIMIN PROEKT EOOD DEKORA BILD EOOD MIG 1991-MG EOOD BILD OOD TEKTONIKA 5-BG PLLC EOOD TERA INVEST 99 EOOD FAYN BILDING 2016 EOOD TERABUILD INJENERING OOD DZZD VALSTRON USTREM - SV EOOD GERBERA OOD SUNGROUND EOOD INVESTSTROY BG OOD DEKO BUILD EOOD STROYKONSULT-L EOOD ROYAL ENGINEERING OOD PLAN STROY 2017 DZZD FLORI COMERS EOOD KENSINGTAN OOD GEOINVEST HOLDING DZZD GIDI M EOOD STROITEL - EOOD IBERA OOD PROEKTSTROY LINK DZZD VIBES EOOD STROI PARTNERS EOOD AKG 2018 EOOD STOYANOV INVEST 2008 EOOD SIMEX EOOD DZZD SANA SPRING-D EOOD MIRIAM INVEST OOD RIAL BILDING EOOD RENDSTROJ EOOD MARCHO - 2010 EOOD BILD INGENERING 77 EOOD DZZD KONSORTSIUM PLOVDIV EDGUKATION PROBAT BG OOD MSD BILD EOOD CAMPUS JIVANI-D OOD BI PI 21 OOD SOFIA BETON EOOD VA BUL STROY EOOD KA INVEST EOOD PK VOENNOINVALID VENID EOOD SK KRASTEV EOOD PALSTROY OOD ELIT PATSTROY DZZD EVRO BILD MIG EOOD ZAVODSKI STROEGI PS AD DANEV STROY EOOD BILD MA OOD TOBO - TRIADITSA 2 EOOD 10 SeeNews Industry Report

GEOKAMSRTOY EOOD ET MILEN-PS - MILEN DIMITROV PROMAKS STROY OOD BM DZZD NEW AGE CONSTRUCTION EOOD VARDAR BAU 2 OOD ARM BILD INVEST OOD URANO BG EAD ATLANTIS ATMOSPHERE EOOD IMPULS SD EOOD STROJKOM 77 EOOD ANTARES KANSTRAKSHAN EOOD DEKAZ OOD AIG BILD OOD LUKS ARH INVEST EOOD TORUS-1 EOOD MONOLIT OOD LOTOS BILD EOOD BULMESSTROY EOOD VENUS LUKS OOD NSK INZHENERING GRUP EOOD KINOV EAD IVANOVI CONSTRUCTION OOD MAIN BILD EOOD IVAN GEORGIEV STROY EOOD TARO INGENERING-777 EOOD ZAGORA GEOSTROY EOOD MULTIBUILD ENGINEERING EOOD KALISTRATOV GRUP OOD DIMITRICHKA DZHABAROVA ET PINK INVEST EOOD DZZD KONSORTSIUM STROITELSTVO V BULGARIA EVRO INVEST 2014 OOD G P G COMMERCE OOD NIKOLA UGRINOV ET KRIS PROSPERITI EOOD VI TI GRUP EOOD ASTA 111 EOOD HAYTS AD DAN ERLAND EOOD IDEA INVEST EOOD KOREKT OOD ROS STROY BUILDING OOD K DEVELOPMENT EOOD DZZD DIREKT BILD LUX PROPERTIES OOD VR IMOTI EOOD ART STROY 2005 EOOD TSENOV EOOD BILORD 2008 EOOD SVAS BG EOOD SONIA-07 EOOD SKARABEY BUILD EOOD KRISI 1974 EOOD BULSTROI I EOOD TOKO 229 OOD F STROY GROUP EOOD LIAN - STR Y EOOD MATARI OOD ELPIDA-1A OOD VESTA STROY BG OOD SOUTH INVEST GROUP EOOD PROEKT 63 OOD EKOSTROY JSK AD AGROHIMSTROY OOD IDEAL KUMPANY EOOD BAUEKSIM EOOD VINITEKS EOOD ESTEYA EOOD PARADAYZ BILDING EOOD TRAYKOV B EOOD EM AY DI EM INVESTMANT EOOD CSG EOOD KOMPLEKTSTROI - D OOD K END K BILD EOOD JANY-PARIS OOD JUPITER 41 OOD EY TI INVEST EOOD BODINE EOOD DIPALA EOOD NIKSTROY - 2013 OOD ARKOPLAN OOD FYUCHAR BILD 2112 EOOD BUILD MM EOOD VIDMAKS EOOD VTS STROY EOOD TEMEL 54 OOD DMN GRUP OOD ECOSTROY 2011 EOOD MDM-ENGINEERING EOOD AEN-2 OOD ZTV BILDING EOOD G.E.S.-BG OOD BAVADON INVEST OOD DITA BUILDING OOD ARKON EOOD KARE EOOD REALVEST OOD STUDENT HOUSE LAND MARK EOOD ET STROTAR-DENKA SLAVCHEVA TI VI BI STROY OOD METALIK 1 OOD GEORGI BONEV ET SIVAT EOOD EMIR - 99 OOD ASAMBLEYA PARK DIVELAPMANT EOOD ECO SYSTEM - NIKOLA KOZLEVO SARL EOOD ELIT BILDING INVEST EOOD TIENGRUP METAL EOOD DP CONSTRUCTION EOOD KASALOUNARS EOOD VEKA INZHENERING 77 EOOD G.I.K. STROY CONSULT GROUP EOOD KOREKT KONSULT EOOD ENEO GRUP EOOD MIHAILOV STROI EOOD BULKAT STROYINVEST OOD GEKAGE STROY OOD ROYALS OOD PLOVDIV 2015 VES-TRANS 63 EOOD LEVKION EOOD MOBIPLYUS OOD KUHARENKO LIZING EOOD BEL COMMERCE 1 EOOD ROSBULKAR 2016 EOOD BAUMAYSTER EOOD BYAL BOR-KONSULT EOOD GRAN TORINO EOOD NIPANI EOOD ESTETI EOOD ELPIDA 5 OOD PROSTROI VM EOOD C&D GROUP EOOD BGL EOOD HADJIZLATEV OOD DARO-94 EOOD RAYANA EOOD ALEKSANDRID INVEST OOD EKO FURAJ OOD KONSORTSIUM EVROSTROYINVEST EOOD GIK 2000 EOOD BEST HOME GROUP EOOD GARANT TODOR KOSTADINOV PETAR PETROV ET HERSONES EOOD PLATENIK OOD REAL ESTEIT FINANS EOOD ET ELVO - IVAN DRAGOZOV LUX STROY OOD AYTEKIN SEROL BULGARIA EOOD ASIVA IVEST EOOD KALINA KM EOOD SOF STROY INVESTMANT OOD MARVIK - 10 EOOD LOKIN EOOD LIBRA INT OOD ELISEY EOOD NEOSTROY INGENERING EOOD DIMITROVY INVEST EOOD DOSKOV OOD PUTNO PODDURZHANE- EOOD NIKOLOV INVEST EOOD DAINAKORP EOOD EVROBILD GRUP AB OOD BLD VLADAYA AD HOME.BG2018 EOOD ARGENT KOMPANI EOOD G I G PRIMA OOD SUNNY EOOD GEOTEM BULGARIA EOOD ALFA BUILD PROPERTIES OOD EVROSTROY IN OOD SOFBILDING EOOD DZZD KONSORTSIUM STROITELSTVO BURGAS BISTRITSA ROYAL 2 EOOD OBEDINENIE MADARA DZZD M - TRANS EOOD DZZD INFRA KONSTRUKT GRUP INVEST 27 EOOD KAPITAL INVESTMENT PROPARTI OOD OSNOVA 1 EOOD ZAVODSKI STROEZHI- MARITSA IZTOK AD BKS EOOD IBERA PROEKT OOD SOFIYA DIVELOPMENT OOD GORNA BANYA - ORHIDEYA OOD LAVAR 2017 DZZD ADEL M EOOD RUKA EOOD ASTRA 8 OOD ARSA BILDING OOD MONTE OOD OSNOVA OOD PRIMASOL 2 EOOD TRAYANA STROY 2015 EOOD YUNIVARSAL-B EOOD ANASTASOV I UZUNOV OOD NONYUSS - NT OOD MARSTROY OOD KYUSTENDILSKI STROITEL AD VAL ELITE BUILD OOD OBEDINENIE STENSTROY DZZD ADVAN STROY EOOD KALITELI OOD MARS - 4 EOOD LINO BUILDING EOOD KALOYANI EOOD YOUR BG OOD BULPLAST BG EOOD MAGISTILSTROI OOD EVROINVEST HANOVER OOD MONEL GROUP EOOD EKSPERT BILDING OOD RAMA-3 EOOD MARS ENGINEERING EOOD BIOTRADE CONSTRUCTION OOD EDEM D2 EOOD ATANASOVI BILDING EOOD STROYSITI MLADOST EOOD VITA LAYF INVEST EOOD AES INZHENERING EOOD NC STROY EOOD STROY KAMPANI 999 EOOD YAPI GRUP EOOD IZGREV 120 EOOD GALANT BILD EOOD GANCHO HANDZHIEV ET MIKO CONSULT 2005 EOOD BALDZHI 90 EOOD EVROBILD 7 OOD MONOLIT 21 ANDONOV I ZAHOV OOD CHORBADZHIEV EOOD IVKOSTROY EOOD M INVESTMANT EOOD BILD INVEST BM EOOD MEDIKS-78 EOOD BULSTROYINVEST OOD ZIDARIT EOOD DOBRUDJA BUILD EOOD FILTREID 89 EOOD PRIMA STROITELNA KOMPANIA EOOD EUROESTATES OOD SI INVESTMANT AD OGNENSKI EOOD SPEYS TAUAR OOD NOVKOV STROI EOOD PLANER 2003 OOD VERONIKA LAZAR 2002 EOOD TIM TECHNOLOGY EOOD EY PI DI- 68 EOOD EKOTIERA BILD EOOD BLK OOD DENITSA IMOTI AD GALOP - 2001 OOD MAMIBO OOD STROYKOM-L S EOOD MAUNTIN EKO RIZORT OOD CMB ZOKI EOOD ADRIANA 3 EOOD IZGRAZHDANE I RAZVITIE OOD OTESTROY OOD 11 SeeNews Industry Report

KARI 10 EOOD VIP PROPERTY - B OOD PI ES PI BILD OOD NRB EOOD ECOZID INVEST EOOD BES 2007 OOD ANIKO-GRUP13 EOOD BALKAN-NET EOOD BILD R 16 EOOD SAVEN B-F OOD TI STROY GRUP EOOD PIRS - D OOD RUSKI SEVER EOOD BAU STROY EOOD VIVA INZHENERING - MM EOOD FEBOSS OOD NIKOL 71 OOD GETOV I KO EOOD SSS 18 EOOD ZORA INVEST EOOD BILDING PROGRES MS EOOD STROYDEVELOPMANT EOOD A4H INTERNESHANAL EOOD EMPERADOR EOOD SLATINA PARK REZIDANS EOOD ADV BILDINGSTROY OOD DIMOV STROY-92 EOOD TSBN GRUP OOD BURGOS STROI INGENERING EOOD DEMILEX EOOD S STIL 80 EOOD NIM HRISTOV EOOD EVRO BILD TREYDING EOOD D I K INJENERING EOOD BILDI STROY EOOD GLAVBOLGARSTROY AD BULPLAN INVEST OOD EVROSTROY 08 EOOD BUONO EOOD SAN MARKO GRUP EOOD DYAK OOD DRUZHESTVO ZA PROEKTIRANE I SANIRANE GEIA_DEK EOOD BACHIYSKI EOOD SMAD EOOD E M U RAZGRAD OOD ERIKA 2011 EOOD BOHEMIA EOOD DZZD KONSORTSIUM STROY REMONT DZZD BULVISTA -BOYANA KENIK OOD STROYMAKS KONSULT EOOD INVESTSTROY NM EOOD KOREKT KANSTRAKSHAN EOOD GAIK 2009 OOD ALEKS STROY 2009 OOD FREIBAU - 90 EOOD EKSELON BILDARS EOOD INTEREIZEN BAU EOOD KALEYA TRADE EOOD MM-START EOOD IZTOK PARKSAYD EOOD BULGRAND INVESTMANT OOD BORVES OOD EVROMIR KONSULT EOOD BAGATUR OOD EIS - STROITELNA KOMPANIYA EOOD HARIZANOV BILDING EOOD T - REKS 1 OOD ILIOS ALBA OOD IVAN NANOVSKI - IVIDA ET ISKON GRUP OOD PROTO INVEST OOD VOREK EOOD KORANI STANDART OOD ALDEYA INVEST EOOD ET LYUDMIL STOYANOV IVKANSTRAKSHAN EOOD STILVEST EOOD VILI VIST EAD NOVARH OOD MEGABILD BULGARIA EOOD SAST INZHENERING EOOD FAKTOR M INVEST EOOD DANSTROY 61 EOOD BBM ENGINEERING EOOD DEKRA STROY EOOD GAMA-P OOD ALFA 450 EOOD GAARD-IZO OOD DARIS-EL OOD MYUNHEN EOOD AB- MONTAZHI EOOD D4 COMPANY EOOD NAZDES EOOD STROYREMONT LASKOV EOOD NOVI MIR OOD PETROMAKS PROPARTIS BULGARIA AD PPS INVEST EOOD STILVEST SOFIYA INVESTMANT EOOD BULGARIAN DEVELOPMENT EOOD MONI BILD 03 EOOD MASTER FLOU OOD VASKONI ART EOOD TRAKIYASTROY 2002 EOOD KASKADAS IMOBILIARE OOD LIL OOD BORD - DE OOD PRASPEKT BG EOOD TI BILD EOOD ET ELVIRA - KRASIMIR DIMITROV - 92 DOMSTROI - 2 EOOD DZZD PROEKT RIFKO BILDING OOD STOBIS 2000 OOD STILSTROY 2012 OOD BERMAR ENGINEERING EOOD MIRAN-BILD EOOD RAMIRA OOD LAD INVEST STROY EOOD STROITEL - PP EOOD R AND N STORY 2016 EOOD REZIDANS EOOD STJUL BUILD EOOD ET D.N.MARTI - ATANAS DIMITROV PROMOD ES EOOD PROMSTROY EOOD G&G APARTMENTS AD FA MIL OOD BULSTROY PROPERTIES EOOD BETA KONSULT-1 EOOD ANIKA - STROJ AR 2009 EOOD SOFSTROY INVEST EOOD ER STROY INGENERING EOOD MEGABILD SOFIYA EOOD STROITELNA KOMPANIA MB GRUP EOOD SANEKO GRUP ENGINEERING EOOD A.M.N.D. EOOD BEBRESH 2017 DZZD ET AGROPRODUKT - GOSPODIN ATANASOV GEORGIEVI-STROY EOOD EMSTROY EOOD 3B EOOD EUROSYST EOOD BM-GROUP-ENGINEERING EOOD PNM STROY EOOD IVAN PETROV IVANOV 7691 SPLTD EOOD TERMEKO BURGAS DZZD MIDEKS OOD SALYUT 2018 OOD ZHIZET STROY EOOD EKOINVESTSTROY EOOD ANKER GROUP EOOD DIMEL EOOD DREAM PROPERTIES INVESTMENT EOOD ILIOS 1 BG EOOD SAYTKOM OOD LOBUTOV INVEST EOOD SERGEY NACHKOV ET B END T KANSTRAKSHAN OOD ET MARIN MARINOV KAVALLIINO - 08 EOOD VISOKONAPREZENIE EOOD TUNDZHA STROY EOOD OFIS INVEST EOOD IDEALEN DOM OOD HOME PRO OOD KORD-48 EOOD KRIS GROUP 2015 EOOD EY DI MAKS STROY EOOD BILD INVEST EOOD VV INZHENERING EOOD STROITEL TSANKO LALEV LILIA TSANKOVA ET GESH STROY 2015 EOOD PITSTROY 13 EOOD NEKTON 2007 OOD PLANEX BURGAS OOD BILDING PALAS OOD NYUANS EOOD INVEST STROY MONTAJ EOOD ALBOBUILD EOOD MONIKA INVEST EOOD KAVEK OOD BAUTIM EOOD ARD INVEST EOOD PANDA OOD M M MIROSLAV ZHELEV ET SMART HOUSE COMPANY OOD GILMOR OOD ESD CONSTRUCTION EOOD AV BUILD EOOD ESCO ENGINEERING AD RALI DIMITAR MIREV ET STROITEL OOD TSENTRAL EOOD BARIK BILD EOOD DOVERIE EOOD MITI 62 OOD IZABELA SYAROVA EOOD MARINA INVEST EOOD TES CONSTRUCTION CROUP EOOD PRESMAR STROI EOOD STROYBILD INJENERING EOOD VAS INVEST OOD TOBO - HAUSIS EOOD KREMER ESTEYTS EOOD BILD EOOD IMPAKT - 63 EOOD IL STROY EOOD STROYINVEST BULGARIA EOOD NOVA BILD ST OOD BILDSTROY - 2009 EOOD KIMTEKS LS OOD GEO 1 EOOD STROYPERFEKT EOOD TIS PRO BILD EOOD BISTRICA BILD OOD BILD SARVIS BG OOD PAKSISTROY OOD ESPERANZA REAL EOOD DIREKT STROY DZZD IV - STROI 08 EOOD TOBO - PARK EOOD RESPEKT 10 EOOD BRATYA PASHKULEVI OOD BUILDING INVESTMENT-KM EOOD EXORDIUM OOD APART HOUM INVEST EOOD MK HOUMS EOOD NARTEKS-INZHENERING OOD DD KOMERS OOD VIA TREYD OOD PARK VYU EOOD KOZIROG - 95 EOOD SOLNECHNAJA BOLGARIA OOD IPSO-STROY OOD GALAKSI TIM GRUP OOD BOYANA BILDING GRUP OOD BOUTIQUE STROY VT OOD V PO V METAL 99 DZZD TOBO-LYULIN EOOD STROY 2017 EOOD KVD INZHENERING OOD KAMSAR INK OOD DZHETA IMPULS EOOD KLK INZHENERING EOOD M - KALISTO - MATI EOOD NADEJDA VI STROY EOOD IL KONSULT STROY EOOD KITAYSKO-EVROPEYSKA EKOLOGICHNA ZONA DARIS & CO OOD BALKAN OOD BG DREAM PROPERTIES EOOD BOY MAR STROY OOD BG PROJECTS OOD ARO BULGARIA OOD MM INZHENERING OOD BOEV M S EOOD PARADISE GARDENS EOOD ELIT-BG EOOD VELNER INVEST OOD 12 SeeNews Industry Report

RR BAU EOOD GLOBAL FINANCIAL CONSULTING EOOD UAYT INVEST EOOD ELECTRON BULGARIA EOOD MA BEL INTERNESHANAL OOD PARTNIOR 2000 EOOD TEHSTROY EOOD DZHEKOV-METAL EOOD DOMUM DZZD STROYMONTAZ 07 EOOD P I P 2016 DZZD DIP INVEST OOD DAST STROY OOD ANRAD INVESTMANT 2016 OOD DZZD SAVET NA EVROPA 12 NASALEVSKI-INZHENERING EOOD NVG GROUP EOOD KOMPAS TRANS AD EOOD KASTEL INVEST EOOD T2 INZHENERING EOOD EKOS ENGINEERING OOD GAZSTROI - DANIELA PETROVA ET ASOS EOOD ZART ENGINERING EOOD DIMA-STROI OOD INTEGRIRANI EKOLOGICHNI SISTEMI RADIANT INGINERING EOOD S I BILD OOD BSP DEVELOPMENTS EOOD PERINOV I SINOVE EOOD STILARTS AD V I P GRUP 17 OOD EKOINVEST INZHENERING OOD SOFIA HOMES EOOD VASILEVI BILD EOOD STRON OOD NS GROUP M.T.H. GROUP EOOD EVROBILD STROY 2005 OOD MBM STROY EOOD RG PROJECT MANAGEMENT OOD CENOV STROY EOOD EL STROY 2008 EOOD MON.SI. 3. EOOD BETA-D EOOD ER STROY 2014 EOOD AGROS OOD SEKONTA EOOD SV AVANGARD EOOD MM STROY - 2017 OOD IMOBIL EOOD AGRIYS 3 EOOD VARNA CITY PARK 8EOOD EOOD DAN 92 EOOD LIROOFIS OOD AB KALEKSHAN OOD TEKTONIKA SITI EOOD STROI - SM OOD MUTAFOV STROY EOOD ITD GROUP EOOD AVIS BILDING OOD MULTISTROY PRO EOOD VANESA BAU EOOD IDEAL HOME 5 EOOD STOJANOVICH KOMPANI OOD TAL STROY OOD LUKS BILD STROY EAD TELKOM OOD ROSVES BILDING EOOD VARAD EOOD BAU NSK OOD SG BRILIANT EOOD COSMOPOLITAN GROUP EOOD BILD STROY INVEST 2011 OOD D END S IMOTI EOOD CONSTRUCTION APPLICATION-CONAP AD TEHNOARH STROI EOOD EVROPLAM EOOD IVA BILD OOD PROGRESS CAPITAL OOD VP END B INVEST OOD RAIF-LTD EOOD BAUER EOOD SITI BILDING OOD YES INVEST OOD BOROVETE I AD EUROBULD EOOD SANI STROY-IM OOD DAVIR OOD KOLLEGGER INVEST OOD IRMAK 2018 EOOD DANI - 98 EOOD ALPET OOD ROYALSTROI 1 EOOD SLANCHEVI GRADINI DZZD DZZD KOREKT STROY ALEKSANDAR I SINOVE EOOD RODEO BUILD OOD DZZD DANI MGA STROY GALGM EOOD EN 1 BILDING OOD B-STROY EOOD MARINELO GOLD GRUP EOOD RAVEL STROY BG EOOD EKOART INZHENERING EOOD KONSORTSIUM ZA INZHENERINGOVI PROEKTI I BURGASINVEST GRUP EOOD COMPLEX BUILD OOD STROITELSTVO DZZD SKALA EOOD ARIS-IVELIN VELISLAVOV ET SHERBETOV M OOD ZIGESTON EOOD DRUZHESTVO PO ZZD EIS 2016 DZZD EN - 60 EOOD DREAM HOME OOD NIK STROY PROEKT EOOD NITZA BILD OOD ET OKI-92 - LYUTFI MEHMEDOV LUKS STROJ - DC OOD HARES STROY OOD MILKOS ENGINEERING OOD MULTITEHNIK STROY OOD SI EM STROY KAREL-97 EOOD SITIA EOOD BAUDECK EOOD BAKUR I SIN OOD MS KONSTRUCTION EOOD INP EOOD AIDAS EOOD MONI ESTEYT EOOD BAUTEK - GB OOD EKSTRIIM OOD STROMAKS 1 EOOD VITOSHA VIEW RESIDENCE OOD DRIYM HOUM 2017 OOD RADSTROY RAVNOGOR EOOD MINERAL DECOR EOOD LIDER INGENERING 2016 SREBRENYA 99 AD SEYF ENERDZHI EOOD DELAR I KO OOD VEMIRA BUILD OOD BAMAKS INVEST OOD STROITELNA FIRMA LINER OOD ET YANA-95 - RUMYANKA ENCHEVA AKVA N BILD OOD TM TIM EOOD TEMEL MM OOD SITITREYD S OOD MAGNOLIA 03 OOD RDR BG EOOD BLOK INVEST EOOD LUXSTROY 2018 OOD BALKAN PRO GRUP EOOD INTERKORPOREYSHAN EOOD BUILDING STANDART ENGINEERING EOOD REINVEST STROI OOD SAFIYA EOOD MONOLITSTROY EOOD DAHSTROY OOD MAH INZHENERING MARGARITA GORCHOVA ET DZZD INOVATSIYA NN VPA STROY EOOD ET ISKREN-ISKREN MILANOV KONAN21 EOOD HRANINVESTSTROY OOD ESTE + EOOD ZAMENHOF PROEKT OOD ORMIGON KA OOD INTIS OOD AVGUSTSTROI EOOD STANDART STROY STIL OOD MARTIVA 2016 OOD DIZAYNBILD EOOD STUCCO EOOD SLAVOV BUILD EOOD ELEYA TREYD OOD SITISTROY 2000 OOD VENTUS ENGINEERING EOOD AY - MA INTARNESHANAL EOOD PS INZHENERING DZZD ZARKOV - 78 OOD KASKADAS 10 OOD IRMAK OOD KOHINOR ENGINEERING EOOD MAIZON MER EOOD RB ASET AD BILD 95 EOOD S.YA. STROY EOOD IKON GRUP OOD EVROPEYSKA STROITELNA KOMPANIYA OOD SIM INVEST OOD SLANCHEVA LILIA OOD AR BUILD GROUP EOOD DANEL INVESTMANT GRUP OOD EDILTREYD EOOD ESER - 61 EOOD MIRA-85 OOD JEROTIC INTERNATIONAL EOOD WEST BUILDING EOOD SINHRON TS INVEST OOD INEST GRUP EOOD VI DJI ER GRUP EOOD STROYPROEKT VELIZAROV-YORDAN VELIZDROV ROSITSA OOD ELIT TRAKIA STROY DZZD ET YANKO STROY-2009 EOOD DIMOV MS EOOD APALANT OOD GABI PROPARTIS GROUP EOOD SAYMUS EOOD VEREYA IMOTI EOOD ET ORLIN GEORGIEV ATLANT - 2000 OOD TOBO - MLADOST EOOD MARTI-STROI 86 EOOD STATUS EOOD STR INVEST OOD SIENIT HOLDING AD STROIART EOOD RICHTER ENGINEERS AD INERTNI MATERIALI 2006 EOOD TAU - TODOR ANGELOV ET REIK BUILD EOOD HOLIDEY INVEST EOOD EIRE SKI CONSTRUCTION EOOD BG EVROSTROI & AVM EOOD ART KOM EOOD PAN STROY 2000 EOOD SITI BILD STROY OOD LITIUM GROUP INTERNATIONAL EOOD BMCC EOOD SOFICO-STROI EOOD GPS BILD 47 EOOD STROITEL 51 EOOD STANKOV76-1 EOOD ARIETE SITI TSENTAR OOD DANIEL 15 EOOD GRAVEL MINING EOOD VIEM BUILDING EOOD BLOK 2001 OOD RETONA EOOD SHIMEL EOOD DZZD SEON STROY SHUMEN ENERDZHI GRUP STROY OOD ROAN 90 OOD NOV DOM- STROI BG OOD BUILD-GK EOOD IV -YO GROUP EOOD KARINEX EOOD DIP 70 EOOD ISSOV STROY EOOD SEVER EYCH OOD TANTO 2010 EOOD PETRESHKOV-STROY 74 EOOD HUMAN RESOURCE OOD MIMAIP MIHAIL ATANASOV ET SOSTRA STROY EOOD TATARA 88 EOOD REGAL - KOMERS EOOD 13 SeeNews Industry Report

PREMIUM G BG EOOD IGAL OOD ADJIS BUILD 1 EOOD DISK - GT - GROUP SMLTD EOOD GENTLE HOUSE EOOD RUSKIY DOM 2011 OOD IDEA INVEST BUILDING EOOD INVEST 2014 EOOD NIKIS BULGARIA EOOD AVANGARD-IY EOOD POLIMON-DD EOOD TANDEMSTROY EOOD EVROSTROY OOD ATG INVEST OOD SDS 47 EOOD TRAKIA BILD GRUP EOOD BILDTEKS EOOD STROIGRUP 7 EOOD SMART 2016 EOOD BARNET-BG EOOD STROI INVEST IS OOD FERDOV I SINOVE EOOD BG BILDING KANSTRAKSHAN OOD MANISTROI EOOD PROPERTY ASSISTANCE EOOD VETS INVEST OOD STROY PROJECT 2000 EOOD -KONSTRUKSHAN EOOD ASTA 109 EOOD VODSTROI AD NOV DOM 68 EOOD SILK 17 EOOD KORPOREYSHAN STROY EOOD ENLIL OOD VG STOY EOOD TRIGOLD STROY EOOD SG BUILDING 69 OOD NOVA ALTERNATIVA INVEST OOD INTER STROY SOFIYA TOMATO STROY OOD MIKS-PS OOD HOUMTUYU INZHENERING OOD STA INZHENERING EOOD VIA PONTIKA 2017 AMAR BILD EOOD MEPA OOD TOSKANA RESIDENCE OOD NEW VISION CONSTRUCTION EOOD BULGARIAN BESTE BAU EOOD MARITSA KT EOOD ALVE BUILDINGLTD OOD DIZHAMI MILEN VELEV ET BULDENI OOD S4RB OOD EKO STROEJI EOOD MENATUORK PRODZHEKT AD HUBAV NOV DOM OOD BOVE - 7W OOD KKS 5 OOD ELIS-K OOD SHUMEN PLAZA EOOD MARGI 61 VESELIN TODOROV ET STROYEKSPRES DZZD KIREV-STROY EOOD INVEST 09 EOOD EXSPRESS STROY ENGENERING EOOD SLAV STROY OOD ELEMENT 9 OOD INTER CONSTRUCTION EOOD ART STRO 57 EOOD DZHAKO EOOD ICOR INVEST GROUP EOOD GARSI OOD SARVIZ LOGISTIK OOD VEVITO SMR EOOD ANEL PLUS EOOD SMART STROY OOD TEHNO ART EOOD HOUM ES OOD PETSTROY EOOD DOM 07 EOOD EF DZHI KONSTRAKSHANS EOOD TI EL FORSHAN EOOD MAXIMUM - 2009 EOOD OBRETENOVA EOOD GTR GROUP EOOD BILD STROY 274 EOOD FINSTROY-VH EOOD MONOLIT KB EOOD EMBILD EOOD PAN - 71 EOOD BUILD INVEST - 2011 OOD F-SINTEZ EOOD ATINVESTMANT 4 EOOD PROGRES 99 OOD CITY TOWER OOD SAB - 68 EOOD RIS-71 OOD TRANS BILD EOOD SARIS OOD BLIK 8 EOOD DZHI KEY 24 EOOD CASA GRANDE PRIM EOOD ILIEVI MG OOD ARH ENERDZHI INZHENERING DZZD PIT HOLDING OOD SKUSHA PROPARTIS EOOD TIRLIN LUX OOD INFINITY EOOD BORDINI OOD KETER STROY EOOD AKZ BILD EOOD ARA BUILD EOOD ALSTROM EOOD ANTON JABAROV SHUMEN ET TANDEM BETA OOD HAGA INVEST OOD ADVI OOD KMV PROPERTY MANAGEMENT EOOD KRATO INVEST EOOD STOUN LEYK KEPITAL OOD IBUILD EOOD AKTIV OOD VIEM-STROY OOD RS STROY EOOD GRIL PARTI EOOD CMT-TASHEVI EOOD OPAL 94 AD PLAN - STROYLIDER EOOD BUILD SYSTEMS SOFIA OOD SILVIA VIP BILDING EOOD STROITELNA KOMPANIA EOOD KIM 2 EOOD NIKI-58- EOOD METALEX STROJ OOD RPU 2017 DZZD DI STROY 2017 EOOD UVEX-SOFIA OOD BIVINVEST EOOD SUNIMEKS EOOD SOUTHLAND - 2015 OOD TERRA SPRING EOOD T G L EOOD RALINEC EOOD OMEGA BILD KOREKT EOOD CITY DESIGNERS EOOD TANDEM AUTO 1 OOD ENERGOEFEKT OOD MIG 1991 M EOOD KOREKT STROY 2016 EOOD DS - ENGINEERING EOOD GBS - STROI EOOD BRIZ SEVER 8 OOD AMARAT LOGISTIKS EOOD POLI-KAMEN CHAKALOV ET AV BG OOD INKON BULGARIA EOOD RAMBO EOOD RIKI FASADA EOOD BUILDING 58 EOOD FEMILI PROPARTIS EOOD GAVRAIL STEFANOV ET BUILDINGBO EOOD DELAR EOOD NETSTROY EOOD INSAYS BG EOOD GAYTANOV I PENKOV EOOD BAVADON OOD BIS INVEST EOOD KREDO G4 EOOD MONOLIT EOOD TOURIST STROY ENGINEERING 2004 EOOD BULPLAN DINEVI OOD MAX TER EOOD KATBILD EOOD ADI 2017 EOOD AMIT KANSTRAKSHAN RIAL ESTEYT EOOD MEDIANA EOOD SREDEC INVEST OOD ROSI LL EOOD GEOSTRUCT EOOD DHH ENGINEERING EOOD MARBIS OOD TI PARK BURGAS EAD SANDANSKI MS OOD A AND G SHMIRA TRUST EOOD EUROASIA BT EOOD HRISTOVI INVESTMANTS EOOD STANKOVA M INVEST EOOD ML STROY OOD INTERSTROY N EOOD STROIKOMERS EE 2017 EOOD VODOPROVODI I KANALI EOOD STAVIO 07 EOOD PLANEX BUILD OOD SMART-STROY 2017 EOOD SAGA- STROY OOD DONCHEVSKI CERAMICLTD EOOD VI - MD EOOD MAK KONSULTING EOOD SACHMO INVEST EOOD GROSBER EOOD PATSTROY BG EOOD SHANS 2000 OOD STROY KAMAK 92 OOD MAKSI STROY 77 EOOD ARGUS INVEST OOD TOLINI - VARNA EOOD IKI BILDING-2017 OOD ELSTROY BILD EOOD INVEST KONSULT BULGARIA EOOD MORFI - 90 EOOD RAY STROY GROUP EOOD DZHENERAL ARTUORKS EOOD DZHI TI - STROY EOOD REINBOL 2015 OOD TRITE GAYDI EOOD S D TORIN TONCHEV EOOD NACHKO NAYDENOV 09 EOOD STONAS GROUP EOOD EYCH DZHI ES SEVER 10 OOD EDELVAYS-4 EOOD ET VIKI-CHAN - CHAN ZOAN KONG KALIOR EOOD 2013 DZZD BERK 05 EOOD NATEKS EOOD MAKS BILD 17 D EOOD VITAL-2003 EOOD STRAZH-M OOD ZORNITSA 2004 OOD AKVA KONSULT END ER BILD INZHENERING DZZD PROEKTANTSKO BYURO SELENA EOOD BRAN MEN OOD MADZHAROV STROY 73 EOOD MDS ENGINEERING EOOD AKTIV INVEST EKM OOD VAZRAZHDANE 1 DZZD GROUP OOD TICHAINVEST OOD STROY K 2016 EOOD VENID EOOD IZGREVITE EOOD SHANSTROYINVEST EOOD KEHAYOVI SD MEGA MONT 18 EOOD EKO STROY GT EOOD VG FLOORING EOOD ZIK STROY OOD OPEL NESHEV OOD VIVAL - G EOOD RENOVATSION TMZ BG OOD TSEM R BG AD DEKSTERA KEPITAL EOOD DARVENI KASHTI OOD KOVEG INVEST 2000 EOOD DIKINORM DZZD TOP-IN EOOD KOLOMAN INVEST EOOD MMSONSULT OOD FLIN 2014 EOOD 14 SeeNews Industry Report

OBEDINENIE BILD PLYUS DZZD MEDEN RUDNIK 18 NEODESK ENGINEERING EOOD SDRUZHENIE OBRAZOVATELNA INFRASTRUKTURA MONTANA 2017 DZZD ELTEHNIKS OOD SERFER EOOD GOLDAN - STROJ EOOD EVRO INVEST BILD OOD ARTSTROY 2010 OOD KOLYO KOLEV ET VIDPROM EOOD SK EOOD APOLONIYA PLYUS EOOD TECHOPROMSTROI EOOD BILDTRADE GROUP OOD NAVARA-10 EOOD SAGITARION EOOD NIK-559 EOOD VIPERA INVESTMANTS EOOD DAYMEKS INVESTMANT EOOD STROYRAYON BILD EOOD MULTI HAD OOD INTERBASE EOOD IDEALSTROY 1 EOOD GREEN CITY-2004 OOD DBK INVEST AD BOITCHINOV 2004 EOOD S I T OOD NYU SKAY BILDING NEOMAKS EOOD NESI OOD VIVA INZHENERING OOD POLITEH OOD MIG INVEST MMAH OOD HIM BUILD OOD HARITON INVEST EOOD PALMAS 2016 EOOD NIKE - 06 OOD EINS-A EOOD AMORF BUILDERS EOOD REGENT 4 EOOD SVETI PANTALEYMON INVEST EOOD VIMPEL HRISTOV I SIE SD KOMFORT KBK GRUP OOD GEPANSTROY EOOD STROITELNA TEHNIKA PZ EOOD HISAR PARK SPA END RIZORT AD PS ENGENEERING EOOD NIITEKS SOFIYA OOD PRO ARM EOOD MARKU KAMPANI BG OOD KUATUOR VENCHARS EOOD AL STROY 77 EOOD ZIGURAT EOOD STROY HILS 1 OOD CONDOR & SIE EOOD ASPIT BILDING OOD POLKONSTRUKT OOD SI DZHEY EM KAPITAL EOOD EX PLUS EOOD SAMKARSHAN OOD MBM INVEST EOOD DELTRANS 2012 EOOD PIMO SV OOD NIK-7 OOD ART BAU EOOD CHOBANSKI EOOD VESTA INVEST GRUP OOD KONSORTSIUM ZHELEZOPATNI SGRADI DZZD LTT - 91 OOD MARIA ISABEL EOOD 2V BUILD EOOD KEYP ARAPYA OOD ADRIANA 5 EOOD ZAVODSKI STROEZHI PS EAD BOYANA HILL EAD GOBO GRUP OOD DOMSTROY EOOD PROFIDEL INVESTMENT EOOD SERDIKA IMOTI OOD ILSTROI OOD FRIGO COMPANY EOOD BI DI 92 EOOD ENTE SERVICES EOOD OOD KOLOMAN BIO EOOD VID STROI 2016 EOOD BOKA METAL EOOD PAGEMA 2013 EOOD ET IMPEL-B - LYUBEN BANKOV PLATINUM BYURO 3 EOOD ELIT STROY 3 OOD NEW BUILDING CONSTRUCTION OOD DIV - METAL EOOD ECO STROY PROGECT EOOD DZZD SMK IVAMAL TSB INVEST EOOD NARE-BG EOOD CITYSTROI-92 EOOD DE-VIL BILD EOOD PI INVEST OOD RODOPSTROY 97 OOD KA STIL EOOD KARIZMA CH OOD VIVI TUR EOOD TONI B.E.EOOD UNITED DEVELOPMENTS OOD EY SI SI EYCH 2012 OOD BOJURETS INVESTMENT OOD STROYMASTER EOOD ALADASTROY EOOD HERMES INVEST OOD DENSI STROY OOD ROYALSTROY VB OOD DZHENI STIL EOOD TRANS SEK EOOD STM BUILD D OOD BILD INZHENERING EOOD PROMEGA EOOD TRANSSTROY -RUSE AD NEO ENGINEERING EOOD PROGRESS AD PONS HOLDING AD TEHNOKOM INZHENERING EOOD RODEKS ESTEYTS EOOD YUNIVARSAL ZAPAD 2 EOOD MAKS BILD 73 EOOD ISTROI EOOD DOBI STROI EOOD P.K.STIL EOOD SAV - RAZGRAD OOD ET MONOLIT-L - LENKO PETKOV MAUERBRYUDER EOOD AYBILD EOOD VIP HOUMS EOOD STROITEL EOOD STROYINVEST - AB OOD ET GEORGIEV - GEK - GEORGI GEORGIEV VALERON EOOD BANYA AKVA RIZORS EOOD KERGAD OOD SNTT OOD APOLO INVEST EOOD SOUSSI EVERGREEN TRADING CO EOOD GETSBILD EOOD DZZD DZHI DI INVEST GRUP - DRUZHBA GARANT - 21 EOOD TOP STROY INZHINERING OOD BORAD ENGINEERING EOOD OLIMPIYA PARK EOOD AKVAFANTAZI OOD EKO BILDING KRUP EOOD MARCHELO EOOD STROITELNI TEHNOLOGII EOOD P S I INTERNATIONAL OOD DU - TERM EOOD DIZAYN STROY OOD PIN - 52 EOOD TEO STROY 2015 EOOD U S BUILDERS EOOD CLIPPER STROY OOD BUILD COMMERCE 21 OOD ART STROY BUTIK EOOD ARKONSULTING EOOD HAMARSTROY OOD SILOTEH - BUL OOD ANA VIVIAN EOOD ALPIDA KOMERS EOOD STIKS 1 94 OOD EKOSTROYMONTAZH AD DZHEYELEL INVESTMANTS OOD ARTSTROY INVEST OOD ADLON BUILDERS COMPANY EOOD PROPERTY INVESTMENT GROUP BG OOD TEHNO BILD EOOD ET RULENAYS - GEORGI GEORGIEV NEVA METAL OOD BISTA OOD VALSTROY 2006 EOOD L A LOGISTIC OOD BARZSTROY-BEV EOOD AB GROUP OOD STROYKOMPLEKT 2011 EOOD A.S.INZHENERING OOD ET TUKI-TSVETKOV - TSVETNEN TSVETKOV AHAT DEVELOPMENT OOD OGNYANOV BIZNES SOLYUSHAN EAD RS BUILD EOOD FLP BOUV EOOD SVETI NIKOLA OYL OOD OPTIMA STROY EOOD RINEKS - M EOOD ALBASOF ZD EOOD IG BAUMEKS OOD B, S, BAT EOOD IPM BUILDING EOOD BALKANSTROY KK OOD DZZD STRONIK 2015 GLOBAL 17 EOOD STROITEL BG EOOD KIRIL SMILIANOV TODOROV OOD STS INZHENERING DZZD ALIANTO EOOD S E A EOOD BUILDFINE GROUP EOOD STROI EOOD VAKLIN GROUP - LUILIN 7 EOOD BALKANIKA INVESTMENT TEAM OOD RAVELIN 8 EOOD ARIST OOD M N STROY OOD ARGRES EOOD PANORAMA PARK AD ANASKO BULGARIA OOD NIKS-2002 EOOD VI EM -98 EOOD D& J - GROUP OOD ASTRA BILDING 2009 EOOD ASTA 103 EOOD UNIVERS PTN OOD BI AY BULGARIA EOOD KARIZMA - UTIS OOD FUGO GRUP OOD DESPA EVRO BILD OOD SM STROI EOOD S.B. BILD EOOD C B C AD KOSENA-BG-2 EOOD YUNIMEX OOD SIMEKS 13 EOOD EMSTROY EOOD BILD INZHENERING 03 OOD STROMIKS EAD DZZD TROYAN-EE-2017 ALFATEKS L2 EOOD KM RENOVATION EOOD IDEA HOME EOOD N & D PROGRES EOOD POMOBILDING EOOD BESTCON OOD KRAT ENGINEERING OOD ASPET OOD CORRECTINVEST OOD SA LEKS 1 OOD INEX TRADE EOOD ATI COMPANY EOOD GRAF IGNATIEV 64 DZZD STIL INVEST 2017 OOD FORT LOFT EOOD KAVRAKOVI OOD HEXABUILD EOOD PROPARTI INTERNESHANAL EOOD GRUNEV STROY EOOD ALBERTO STROY EOOD LINKSAYD FINANS OOD ANTORA EAD ARHI HOUM GABAR OOD BOYANA PRO EOOD TARAMEKS BILDING INVEST GRUP EOOD GIK INGENERING EOOD ODEON-N EOOD 15 SeeNews Industry Report

ZS INVEST OOD ES TE STROY INVEST EOOD TRADING HOUSE A & P OOD STEN BAY OOD STROY FERMER EOOD SOLNIK 2016 DZZD HERMES H EOOD MONI 29 EOOD SOFSTROY MM EOOD EVROBILD OOD OMAKS GRUP OOD KASA DI NOVA OOD SUN ESTATE BULGARIA OOD ET CHUDESA - TRAYKO MALINOV OMIKRON AD MEGABILD SOFIYA 9999 EOOD AGROSTROY BUL 5 EOOD ELINA A D EOOD TEHNOINZHENERINGGRUP BG EOOD ROYALSTROY AIG OOD KA 57 EOOD DIAMANT STROY 2011 EOOD AKROPOL-90 OOD ASTA 105 EOOD SPORTEN KOMPLEKS SPARTAK AD AMERIKOR-BULGARIA OOD EUROPROJECT BULDING EOOD TBC BULGARIA EOOD SARAFOVO DOM 2019 EOOD LUKS ART STROY EOOD LITOS-CO OOD REAL-M EOOD KANEV 2000 OOD DIPRO INVEST EOOD FIMEKS - 94 EOOD EVASTROI EOOD BIY GARDAN HOUMS OOD VARAN OOD HAYAT OVK DZZD KONSORTSIUM DZZD TERRA GARANT BG ARSTROI GRUP EOOD KOREKT 2013 EOOD GRADOSTROITEL AD STROY PROEKT TATYANA YANEVA EOOD ELIKI EOOD VEGA GV - 2012 OOD NEOCOR 18 EOOD ES BILD OOD RIZORT OOD IMOLEND EOOD MARKOM TREYDING OOD KOREKT STROY OOD EVROBILDING - VT EOOD FISON BUILD OOD BAGERSTROI AI EOOD SIRIUS 95 OOD ASTER K P EOOD LTK GRUP EOOD AS-ANGEL SOKOLOV OOD IKOS DOMI OOD DZZD MITAR 2018 SOLTI 06 EOOD BORD - 3 OOD ILIA BOGDANOV EOOD ZEYRA 78 EOOD PV HOME OOD TITANIA 27 OOD ROYALSTROY RL OOD TOTAL DIZAYN 15 OOD ATLANTIS BILD EOOD FIN KOMERS 11 EOOD DARI 2000 OOD EVRO PROPARTI LYULIN EOOD PI EY VI KOMFORT OOD SPECTRA FOND FAMILY EOOD TOMBILDING OOD M I P INZHENERING 2000 EOOD AKROTIRIA INVESMENTS EOOD ZELENA CHERTA EOOD EURO STORY EOOD MIA OOD HARBICH OOD EN AY DI RIPEAR EOOD BLD HOMES EOOD VILLAGE EOOD ZVETAN ZONEV KEREV EOOD DARSAS EOOD DZHAMBAZLAR 2014 EOOD SIMPLEX STROI EOOD GROUP 2015 EOOD LEND MARK BILDINGS EOOD DZZD A&B-2013 ET EVGENI PETROV ADVANCE 2002 EOOD EFREMOV OOD RODEX PRODUCT OOD MOTIVA INVEST KONSULT DZZD GRAFFITI EOOD BAKSTON PRODZHEKT OOD IV -STROI 87 EOOD ET KRASIMIR TASHKOV - 54 NACHEV STROY EOOD KM ART BUILDING EOOD DRIYM HOUMZ OOD GARDENIYA PALAS OOD IKOYASTROY EOOD POLARIS BUILDING A EOOD STANDART HP EOOD AMD IMOTI OOD ET PEGAS - KANYU KANEV-SNEZHANA KANEVA BALKAN DE KLASS ALIANS OOD NIKSVIVEG OOD KREMAK-AC EOOD STROITELNI REMONTI GEORGI HRISTOV EOOD PRESIANSTROY EOOD INVESTOR VARNA EOOD RE CONSULTING EOOD BUL SOFT STROY EOOD UNIART KONSTRAKSHAN OOD UNGER SHTALBAU BULGARIA EOOD MIREAL EOOD BURGASINVEST OOD ITC - GEO MILEV EOOD BG BILDING INVEST OOD DZZD KONSORTSIUM TEHNOKOM OMEGA NN EOOD KABLAND OOD SOYANIT OOD VANPINVEST EOOD STANDART OOD EURO NIKE-STROY EOOD MARSEN OOD NITROMAKS OOD MD BUILDING OOD EVROBILD-VT EOOD REMONTSTROY DZZD DEVELOPMENT EAD ENERGIYNA EFEKTIVNOST - BURGAS VELSTROY - 3 EOOD BUILDING GROUP EOOD ISI EOOD VERDES EOOD RUSE 2016 DZZD VELISTROY 2004 EOOD ARTBUILD 77 EOOD KOLONEL-BG EOOD DS STORY GROUP EOOD KALIMANCI PROPERTIES EOOD TOBO OOD TE DE ER EOOD ARTSTROY 2004 EOOD SADKO INVEST EOOD DELTEK MG-3 EOOD GLEDICH BG EOOD STROYKOM EOOD I.E.I. STROYPLAST OOD ZACHE - 71 EOOD VAMAR EOOD STROITELNA FIRMA-YORDAN DOGANOV ET ULTIMAT MENIDZHMANT EAD HEBROSBILD OOD STRIBALA EOOD NYU HOLM EOOD DEMAR CONSTRUCTION EOOD CAPITOL GROUP EOOD OBNOVA DZZD MIG ENGINEERING OOD ALMA INZHENERING OOD ET ERI-76-ERHAN ALIEV - SEYDE AHMEDOVA GIMARSTROY OOD PALDIN - STEBOR OOD PROPARTI 777 EOOD KMK BUILD EOOD BRATIA KARCHEVI EOOD DZHI EF ES ENDZHINIRING BALGERIYA OOD MARGARITA-P-IVAN KOSTADINOV ET UILYAM 2017 OOD WITH STYLE EOOD TOP ENERDZHI GRUP EOOD MLADOST VARNA 2017 OOD BILD STROY BG EOOD AYSIEN KONSULT OOD TONEVI-T OOD ECOENGINEERING AV OOD TIMBILD EOOD BALABANOVO 92 OOD HOTALICH OOD BOZKO-2017 EOOD DEO -ART EOOD EUROGEOBULDING KONSULT EOOD -LONDON INVEST G V D 2016 EOOD BOPET KONSULT EOOD STAB - NIKOLA DRAGOEV EOOD ABYU ENGINEERING OOD ENGINEERING SYSTEMS OOD MAISON CREATIVE OOD ELIT- INVEST 88 OOD DIGETOP OOD LEGIO INVICTUS EOOD ISTA 2015 EOOD BOBI - BET OOD LADA NEW INVEST OOD SIRENA I SIE EOOD TMD INVEST EOOD BLD MONA EOOD GAGARIN ID GEORGIEV I S IE SD VERONIK STROI EOOD ENOLA M EOOD DEGA DOBRI IVANOV ET KA BUILD OOD AGATON SV EOOD GLOBAL STROY - SS EOOD TIDISTROY EOOD HIGH BUILDING GROUP AD HIPOSTIL EOOD MARCHELA 90 OOD VAZRAZHDANE DZZD PROGRESS PRAYM OOD GRAND STROY-VARNA EOOD TERRA EKO EOOD A I K INZHENERING OOD MADI KONSULTING EOOD SANIRUM PLUS OOD EVROSTROY INVESTMANTS EOOD SILVANA 2016 EOOD BALCHO VOYVODA DZZD DENVAR 29 EOOD CHERNEV& CO OOD CIVIL ENGINEERING OOD NAMSO - OSMAN HALIT ET IMOT KONSULT OOD CITYCON 011 EOOD STROYGROUP EOOD IVSTEL EOOD GESHEV KOMERS EOOD STOYKOV 45 EOOD RODOPA PLOVDIV EOOD B MODUS EOOD ENERGIYNA EFEKTIVNOST - 2016 TO B ST EOOD ZHANIK - LN OOD SIK VAKO OOD ES DZHI SKUEARD EOOD ASTERI EM END ES EOOD LIVIMS EOOD B END P GRUP OOD MAESTRO - 2005 OOD MELADINIS OOD LILIA IMOTI OOD BULSTROI EOOD MEGASTROY 2014 EOOD SALAHOV STROI EOOD TIVIYA - 2017 OOD INVESTSTROY RUSE OOD SL BILD EOOD FYOSTALPINE KREMS FINALTEHNIK GMBH BG PROPERTY EOOD SANI BILD EOOD DZZD SDRUZHENIE -LEDENIKA VESSTROY - 68 EOOD KOMPLEKS INGENERING EOOD 16 SeeNews Industry Report

SIM KAR - VARNA EOOD ABRITUS OOD NIREKS OOD AKADEMICHEN PARK 2020 AD TIM STROY OOD SOTIROV INZHENERING OOD RV SHUMEN DZZD HD - INVEST EOOD ANDROS BILDING GRUP OOD IVNING STAR GD OOD EMDI BILD 3 EOOD CHAKI GEORGI CHAKAROV ET STROYSTIL 2000 OOD VESMAR VILAS OOD BULSTROY PROEKT DZZD DEVNYA TREYD PETSINSKI DZZD TEHNOSTIL OOD FSP-FOT STROITELSTVO I PREDPRIEMACHESTVO ALVES EOOD ATINVESTMANT 3 EOOD OOD UNION CORREKT VARNA OOD NOV PAT 2018 EOOD EVELIN BUILDLTD EOOD SANDRA NG EOOD PROFIL EOOD MARVAL OOD RENOV - BAT OOD MILKA TODOROVA ET OSM OMEGA EOOD FIRST FIX EOOD KALINA SM 2013 EOOD AL STROY OOD ARHITEL EOOD RAPI GRUP EOOD MEGATOURS - 1 EOOD G K RESIDENCE EOOD MV STROY EOOD DRUZHESTVO PO ZZD ARETE ENERGOPLAN SOLID GRUP EOOD ES END ES SITI EOOD DIMITROVGRAD DZZD VITOSHA STROI AD M.ZH. BILDING GRUP OOD VENERA OOD COMPANY - STROI 2010 EOOD PRAYM DIVELOPMANTS INTERNESHANAL OOD ALMA INVEST GROUP OOD K& K CITYBUILD OOD ES STROY 2005 EOOD EVRO YNTEGRAL EOOD EVGENIK EOOD GLADSTON 74 EOOD TERMOMETAL ENGINEERING EOOD TARAMEX BUILDING INVEST EOOD ROTA BILD EOOD BONATA EOOD VP BILD EOOD MONIMEX EOOD INTER HOME BG EOOD FILMOR - GRIGOR GEORGIEV ET SENTRAL ESTEYTS OOD TBA INVESTMENT EOOD D9 INVEST EOOD SVETLINA - P T OOD SOFI 2014 EOOD GK INGENERING 1 EOOD CAR SELECTION OOD SINI EOOD INOS 1 OOD TRINITI 2010 OOD DELKABO OOD ANASTROI 72 EOOD PRESTIZH BILD DZZD SATORI VILIDZH EOOD SIED BG EOOD REMERE OOD ASTA 112 EOOD RAMILE INVEST EOOD ESCO 2016 SISKO - 1973 EOOD DIMI 18 OOD BILDSTROI - INGENERING KOM OOD MEG STROY DIMITROV EOOD PRINS ISTEYTS EOOD VDH AD ECO HOUSE BG EOOD STANDARTSTROY EOOD GREENLIFE-STROY EOOD TS INZHENERING EOOD GRAZHDANSKO DRUZHESTVO KONSORTSIUM P ONIKS HRISTO HRISTOV ET R ZH 2018 DZZD RAMA ENGINEERING GROUP OOD DEBAR PROJECT EOOD KIS EKSPRES EOOD EKOEFEKT STROY EOOD SANIRUM OOD VAZHORSTROY OOD BG STROITELSTVO EOOD STROITELNA KASHTA EOOD INVEST INZHENERING GRUP OOD TD GRUP 55 EOOD NIVEL OOD ENERGO REMONT GRUP OOD KONSULT STROY OOD DANI INVESTMENT EOOD EVKSINOGRAD HOUM REZIDENS EOOD KRIS 0604 EOOD FLAMINGO GRUP EOOD DANI TREYD 97 EOOD TOKO 230 OOD ETIKER OOD NOVA BILD GRUP EOOD SVM INGENERING EOOD E P CERAMIC EOOD VASTEL EOOD TAURON EOOD RUMEN VATKOV - ET WIE -VISION OOD LANDCOM INVEST AD CORRECT BUILDING GROUP EOOD KARRAT PRO EOOD EUROPIAN RIAL ESTEYT OOD ZZ CONSULT OOD NIK BILDING BULGARIA OOD PRIZMA V EOOD ATLANTIS CASA OOD ELEKTRA BULGARIA EOOD ALEKS I KO OOD SAVEKO EOOD FLAMINGO INVEST EOOD VARNA CITY PARK 5 EOOD VIE - IMMO OOD RADIO S O S OOD ANASTROY OOD HAYA STROY 2016 DZZD K B D OOD THREE GROUP INVEST EOOD LAZAROV EOOD HILS BILD OOD BULGAREVO OOD DLD INVEST LOZENETS AD AL GE INVEST OOD EOOD TAIROSKA EOOD SSV GRUP EOOD EKO STIL STROY 90 EOOD FAMILIE HEHT KOMPANI EOOD PMU- OOD VAMAR BUILD EOOD LAKA GOLF EOOD BOLKAN ROYAL PROPARTI EOOD DELIRIUM EOOD RETRO BUILD OOD SOLAR INVEST BULGARIA OOD EKIP HOLDING EOOD DINOMAKS EOOD SOFBULTRADE - 8 EOOD LYUSI D DIKOSTROY EOOD IVAN PETROV IVANOV - 1967 EOOD VASI GRUP 1 EOOD BRADARS BILDING OOD HIDRVOD EOOD SHIKO EOOD STROYKOMERS EOOD IV BUL STROY EOOD CIKLON EOOD DM INVEST 2014 EOOD M-TEKS INVEST EOOD GYUROSTROI OOD TERA STROI EOOD MARDEMI EOOD STROITEL OOD EURO - DIAL EOOD VITAGOR OOD KROUL MM EOOD KONSORTSIUM DIPONT DZZD ETR RENOVATSION OOD DZZD KONSORTSIUM BBK-TERAKOM BOYART EOOD GRIYN PLEYS OOD WILLBROOK MANAGEMENT EOOD INTER STROY GROUP EOOD VIP 2004 EOOD EVROBILD 15 OOD STIRLING RETAIL EOOD STROEZHI 8 EOOD PRO BILDING EOOD IMOVINA EOOD SPIREYA - DD OOD BAUTEH INZHENERING OOD KONAK STROI EOOD ZDRAVOSTROY EOOD MIRAT GROUP OOD ET YANIS - ANA MIHAYLOVA BULFOREST PLYUS EOOD YAVENI 14 EOOD MEROV-STROY OOD AGRUP-4 EOOD KADES STROY EOOD RADITA OOD VRACHEV 2 EOOD '''N & M BUILD EOOD DZHI - BI KANSTRAKSHAN OOD TEOLINO EOOD GLOBAL STROYGROUP EOOD VINITSA SEVER-2 EOOD STROYKO OOD PLATINUM BYURO PLOVDIV EOOD APART INVEST VARNA EOOD RI - SOF OOD MASIV ENGINEERING KO OOD TRIDESET I TRI EOOD TI VI ATLANTIK OOD VT ENGINEERING EOOD TRANSREMONTSTROY AD EAD ER DZHEY TIYM EOOD RUDISTROY 1 OOD BILD KVK EOOD DENIK INJENERING EOOD EVTIMOV GROUP EOOD MEDEN RUDNIK - 2016 EM HOLD EOOD TSIPROL OOD FULMAKS EOOD TRANSSTROY INVEST OOD ALEXANDER THE GREAT 22 EOOD ELECTRA M&E EOOD STROY GRUP 16 EOOD STATIKO EOOD TONI BUILDING EOOD ATANAS DELCHEV EOOD SITI INVEST R OOD SIENIT MEHANIZATSIA I AVTOTRANSPORT OOD KOMODO EOOD PATNO PODDARZHANE 2003 EOOD VANKOV-DUNEV OOD RASEL 09 OOD DZHI VI STROY OOD VEKTOR STROY 08 EOOD MKM 13 EOOD ZLATANOV EOOD ARKSTROY EOOD VASTROY 2018 EOOD EM DI EM OOD SEVO 2011 EOOD KARI ENGINEERING 2012 OOD GOLDERIX EOOD DZZD PLANKTS ET ALHA - ALEKSANDAR ALEKSANDROV EMVES 2015 EOOD NIVSTROY EOOD LIRIA GERUSTBAU GMBH - BRANCH SATOVCHA TIAN EOOD NOVERSO EOOD BAUIT EOOD UNIVERSAL-L EOOD GIVT STROY OOD TED I BILD EOOD STUDIO 05 OOD YANCHOVSKI CERAMICLTD EOOD KIS INVEST OOD SJ STROY AD 17 SeeNews Industry Report

SIRIUS BILD 2 OOD I I M EOOD SANI DRIYM OOD EVROSTROY RN EOOD SIGMA STAR OOD ET DOKS - MILKA GOSPODINOVA DS PARTNERS EOOD BONIS BUILD CONSTRUCTION EOOD NOVA BILD BULGARIA OOD FACTOR SK EOOD GEBOR OOD VIGO STAR OOD AVON 5 OOD ELMA 2014 EOOD BEST-2 EOOD IZPALNENIE NA STROITELNI OBEKTI EOOD YASTREYD EOOD PRODAN NESHEV EOOD BORKI OOD ARHSTROY BG EOOD PARK UEY PLOVDIV EOOD WEST ENGINEERING OOD FICHETO II EOOD BITUMMAT EOOD ER PROPARTI 2018 EOOD SOPHIA TRUST MANAGEMENT EOOD ALADIN BUILDING OOD ALEN MAK INVEST 1 OOD IVAL BILD EOOD V A V GRUP OOD POLYTRADE CONSTRUCTION EOOD NDN GROUP OOD SD GRUP 2017 OOD V END N KONSTRUKTSII EOOD KONSORTSIUM DZZD STROY INVEST MIRDOM EOOD BULSTROI 77 EOOD BG TECH SOFIA OOD TS BILDING OOD RIGELS OOD ENERGIYNA EFEKTIVNOST KRASNA POLYANA AGROSTROI 79 EOOD TECHNOIMPORTEXPORT AD KALITERA OOD 2016 DZZD D M C BUILD EOOD ALEX-RSP-1 LLC EOOD GRUND 7 EOOD LEGA-5 OOD BULGARSTROI EOOD VIKTORI KO EOOD FAMILY A D PROPERTIES EOOD A I A TREYD BULGARIA EOOD DAYVARSITI INVESTMANTS EOOD LUCKY-VARNA OOD TIM INZHENERING EOOD MENCAURA EOOD IT PROPERTY OOD ARCHINVEST OOD OSAM INZHENERING AD NB AR ATANAS RYADKOV ET TEMIDA 2017 DZZD GRADSTROY EOOD STROYTES EOOD SKANDIG 16 EOOD BMP GROUP EOOD TANGRAMARKET EOOD ALFA AST EOOD GAL INVEST EOOD TERA OOD LINAGRO EOOD P COMPANY EOOD KASKADAS 6 OOD DOBRUDJANSKA STROITELNA KOMPANIA EOOD DIMITROV TREYDING OOD M K G AD ILINDEN 2017 GREENLIFE PROPERTY EOOD INTERTIME CONTINENTAL AD PBI EOOD EKO STRONG 1 OOD EN DZHEY ES KEPITAL EOOD IVKONI OOD DZZD ENERGIYNO SANIRANE BURGAS AVS-BILDING EOOD SD BUILDING INTERNATIONAL EOOD KRASI CONSTRUCTION EOOD MAIA LUBENOVA EOOD TRISTAN 13 OOD GLAVKONSTRUKT - 16 EOOD IV LUKS BILDING EOOD SK - VARNA 2007 EOOD EOOD VITO - 95 OOD SANIRANE SLAVEYKOV BL.49 DZZD CITY EURO EOOD RIMSTROY 1 EOOD DZZD OBEDINENIE GBS - TSENTRALNA GARA INSTITUT ORGENERGOSTROY -KLON BULGARIA EVRODOM 1 EOOD ADRIANA 4 EOOD SOFIYA KCHT KALIDA BUILD EOOD S G 81 EOOD GAMA INGENEERING OOD ARSIKOM OOD BUILDING COMPANY EOOD DZZD KONSORTSIUM ZA INZHENERING ALBIYA EOOD VARNA SITI PARK 3 EOOD P END M DOGRAMA EOOD PROEKTIRANE I IZGRAZHDANE BUTIK BILD OOD SOKOLOV STROY OOD ADRIEL OOD KAVATSITE OOD FLAMINGO ZHILISHTNI KOMPLEKSI EOOD I STROY INZHENERING EOOD ISNI OOD GRAND GOLD BILD EOOD DZHI AY PI INVEST EAD MASTAR GRUP 77 EOOD SE AI GRUP EOOD KONSTANT B EOOD STRONIK EOOD BOZHIN - STROY EOOD GT INVEST 16 OOD INFUSION EOOD LACHI - 97 EOOD VITA TRADE 77 EOOD T AZIM - ALEKSANDAR VARBANOV ET DZZD ILVEN BILD OOD VATA -P OOD AGRO MEL 2017 EOOD ISUS-2018 EOOD STROY IVANOV 2016 EOOD MIHANIKI BULGARIA EAD AKSA GRUP EOOD DZHI PI TI BULGARIA EOOD ERG 07 EOOD VIDA GRUP OOD IVI MAT STEF STROY EOOD PLAN 21 GROUP OOD KIM PROEKT EOOD GR CONSTRUCTION EOOD MISHELSTROY GROUP EOOD BUILDPROJECT NED EOOD CIRO EOOD ZHELEZOBETONSTROY AD TI VI MLADOST PROEKT EOOD B S BUILDINGS AM EOOD EVROSTROY PROEKT 78 EOOD ENVIEN OOD K KOMFORT HAUS EOOD MEDISAN DIVELOPMENTS LIMITED EOOD DAN-AS 2014 EAD RADO 1995 EOOD BEROE STROY EOOD SOFISTROI EOOD MAKEDONIYA 70 OOD BUILD-EC OOD STABIL BILD EOOD TEVA BILD ATANASOV M EOOD PIKK ADVANCE EOOD BULGARIAN ECO PROJECTS AD ALEKS - TOCHO IVANOV ET ERBA 15 OOD DINEV - BG OOD SKANDINEVIAN DIVELOPMENTS OOD INVENTO CAPITAL OOD NENKOV EOOD STROY BILD 18 EOOD EVROBILD GRUP 2005 EOOD KOMFORT OOD RUDOMET EOOD EUROBUILD GROUP 2003LTD EOOD SOLID BG 2008 EOOD KONSORTSIUM SV INVEST DZZD NASKAR EOOD CENTRUM HOUSE OOD GARANT STROY OOD ET ZH I ZH - ZHIVKO ZHIVKOV SKAYTRON EOOD RAVELIN INVEST EOOD ALFA - OMEGA NG OOD TEHNOTRANSKOMERS EOOD PROBUILDERS OOD SOLUN BILDING EOOD FUUDBOKSES OOD HRISTI INVEST EOOD STROY TIYM KONSULT EOOD SG LUX REMONTI EOOD ASK 2018 EOOD INTERSTROIPROEKT - TONICH EOOD BUKSTON 2 EOOD TESKON EOOD SOLIT-STROY OOD ZARASTROY OOD ZENIT 2 OOD MIRIAN EOOD ET STEFKO MILANOV PODUYANE INVEST EOOD MOYAT NOV DOM 2 EOOD AT I T EOOD ALPINSTROY IVELIN KOLEV ET OGNYAN RADEV ET FOBESK TREYDING EOOD SUCCESS INVESTMENTS EAD GERAMIS INTERNATIONAL EOOD BONSTROY EOOD RE SOLUTION OOD KAMITU-67 EOOD MIM 7 OOD STROITELNO TARGOVSKO DRUZHESTVO BETON- KONSORTSIUM KP KANSTRAKSHAN DAVCHEV INVEST EOOD SHTIP AD KLON BULGARIA KCHT INTER DIZAYN STROY KONSULTING OOD EUROBUILD M EOOD TERANORA EOOD GRADEZH OOD ZH I ZH INZHENERING EOOD SYBLAIM EOOD VILIDZH RELAKS EOOD GARDANS VARNA OOD AN - ROS BAU EOOD VERT IN - BALGARIA OOD NIK BILD - NV EOOD GLOBAL INVEST GROUP OOD NRG STROY EOOD HIDROOBORUDVANE SPIDI END TREYD EOOD BULSPACE EOOD AF BILDING OOD VALMEKS GRUP BG EOOD EMPIRE BUILD EOOD MIGSTROY 15 OOD VERTBAU BULGARIA OOD ILMAR INVEST OOD ARBUL DZZD TEYSTI 111 EOOD OPTIMALTEH BG EOOD EM EF BILD EOOD HOLIKON EAD ZARA LEASING OOD ITEZ EOOD TOTAL OOD SHATO MARKOVO OOD EFFEM EOOD WEISS PROFIL CONSTRUCTIONS OOD KONSTRUKTION KOMPANIE OOD VINI ART DZZD VELIKO TARNOVO HILS EOOD BOVAR EOOD SPORTSTROI 11 OOD R I R INZHENERING KONSULT OOD INTERSTROI BULGARIA OOD AIG INVEST EOOD STROITEL EOOD ROZALIYA - 87 EOOD ZAG KONSTRUKSHAN EOOD ODET CONSULT EOOD PJASAK I MORE BG EOOD 18 SeeNews Industry Report

RIAL ESTEYT DIVELAPMANT KAMPANI EOOD RESTROY BG OOD OBEDINENIE GEO NIVEL STROY DZZD LAYT VYU EOOD VIG BUILDING EOOD ZHILSTROY 96 OOD TRES ENGENEERING EOOD BONEV 21 EOOD STROIPRODUCT EOOD BELVYU FILIPOPOL EOOD CC CAPITAL INVEST EOOD DANIEL 99 OOD SPORT AKTIV VT EOOD FLEXBUILD EOOD PRESI 2013 EOOD PORT AKTIVITIS OOD MONA ES EOOD KSI GROUP EOOD TRUST MANAGEMENT SERVICES EOOD PROFICON BULGARIA OOD P O BIOPLAN OOD ALFA PRO OOD BORDOM OOD PD ART HOME OOD SMART INZHENERING EOOD PARFEKT HOUMS OOD AIGESTROY EOOD CONSULTFORINVEST OOD AMERSSON-CONSULTING OOD PAFSTROY EOOD YU BI TI YUNIAN OOD C M BILD GROUP EAD ATINVESTMANT 2 EOOD NABAKO PRO SOL EOOD SALTEH EOOD C A BUILD OOD PRO ES 2011 EOOD DAMYAN YORDANOV EOOD SEVAN STARS INVEST EOOD CAT-N AND I BUILDING COMMERCE EOOD LIVI INVESTMANT EOOD METALURG-INZHENERING EOOD TEKSIM TREYDING AD VG TONOS OOD DUOMARK EOOD TOBO - SEVER EOOD KAMENITSA HIL INVESTMANT AD AJAKS - 90 OOD RENSTROY OOD NIVIKOM 1 EOOD VLAD MON STROJ EOOD STENKO EOOD VIP INVESTMANT EOOD VAIS GRUP 77 EOOD DEKANTA EOOD STELS INVEST EOOD TERMOSTROY VV EOOD LIIBE EOOD UISHBON EOOD VOYDOVA EOOD RISHAR KONSTRUKSION EOOD MALCHOV-81 OOD INVEST 62 EOOD ALMAR-HAUS EOOD ET I. PASH - IVAN DIMITROV ATLANTIK GAMA OOD DI & KO PARTNERS EOOD KARADZHOV S EOOD BOLIARSKA EM OOD KONTAKT 97-V EOOD FORUS OOD RIKARS-R DINKOV 09 EOOD STROITEL VD OOD FA-MIL DIVELAPMANT OOD APARTBILD OOD PROMAT ENGINEERING OOD EXTRIMPORT EOOD SPACE PAINT EOOD BANYA - TERME EOOD EKO STROY GROUP EOOD RIMELA EOOD VI DZHI EYSI EOOD VITOSTROI EOOD METALEX INVEST EOOD TARAMEX EOOD DMD STROY OOD VALDES - ELIZABET DIZAYN OOD EUROTIR TRANS EOOD K I K BILD GRUP EOOD VIVS EOOD ADVANCE ESTATE OOD KOKA TREID KAMPANI KONSTANTIN KOSTOV ET MAGNOLIYA HOLIDEYZ DRIYM REZORT I SPA EAD ZEFIR INVESTMANT OOD AMERIKAN S OOD EVROSTROEJI EOOD BULSTROY 2005 EOOD TRITE PLANINI OOD DZZD VIK - GARMEN VAL BILD GRUP EOOD TRAKIA RESIDENCE OOD SED 1 EOOD ASKOSTROYINVEST OOD ENERGO BR EOOD TEHNOSTROY VT EOOD BOYNOV GRUP EOOD BLIAN EOOD BREVAS BUILD EOOD IZOTECH GROUP EAD NOVEL - EOOD RIKARS EOOD INVESTITSII I STROITELSTVO EOOD POLI MANUS DZZD HYUNEBEK EOOD KOREKT-63-BOYADZHIEV EOOD VIP STROI 11 OOD GRIGO X EOOD NIZ 12 EOOD M.N.GRUP INVEST OOD ANSTROY 70 EOOD FLAMINGO GRUP BULGARIA EOOD BIEL ENGINEERING OOD RADISTROY EOOD DRIYM HAUS OOD ELKO IRINA SPASOVA ET SMART WINDOWS EOOD MIROSLAV ROZATA EOOD SEZONI OOD STOK TURS AD BGCONSULTSTROY - 2014 EOOD AIH BILDING EOOD ER 35 SOLYUSHANS EOOD CUBO LIVING EOOD STOYAN MILADINOV ET BIM GROUP EOOD SOFISTEYT EOOD MARKELA - KRASIMIR NIKOLOV ET ESUVAT EOOD STROJ MAKS-2007 EOOD R.E.D. STROY 3 OOD PATNO PODDARZHANE TELISH EOOD ESTATE TRADING SPLTD EOOD BOLGARSTROY INZHENERING EOOD ALEKS STROY 2006 EOOD NETA INVEST EOOD CO CO SOLAR EOOD STROIPROGRES - 2015 EOOD ASPEN STROY BILD EOOD BELOV 97 EOOD QB ENGINEERING EOOD BALKAR KOMERS EOOD K2-KONSTRUKT OOD NYU BILDING SENCHARI EOOD ZADGRANICHNO STROITELSTVO OOD TEOVESSTROY OOD KAMCHIYA SEA STAR EOOD MIKRON 2017 EOOD BIGLA DETAIL OOD EUROBUILD BULGARIA EOOD POLIFORM EOOD ROSATOM EOOD YAVOR AD IG BAUMEKS 1 EOOD DNP IVAN KOLEV ET DZZD GABROVO - GV SEPRO EOOD DZHIYNAS EOOD PALEOKASTRO 2016 HELESPONT OOD MIAN KONSULT EOOD GREEN SIDE OOD POLARIS CONSTRUCTION OOD EVROSTROY 7 EOOD NICE CITY EOOD ASTA 104 EOOD TSIKAS OOD UKA 2018 EOOD STAT-1 OOD ELITE HOME EOOD LOBUTOV EOOD BD CONSULT EOOD SITI TSENTAR EAD VIVENDO EOOD SANI HAUS SVETI NIKOLA OOD RIKAVARI SAMARA DZZD HS BUSINESS COMPANY EOOD INZHEKT TEHNOLODZHI EOOD MONOLIT 98 AD STROYKOM DM OOD ECO STROY IMOTI OOD MAIAK GROUP OOD DZHENERAL BILDING SARVIS OOD CENTRAL PARK EOOD VASIL PEEVSKI EOOD ITI RAZGRAD EOOD STROYBEL EOOD DIMNA 79 EOOD DOBRUDJA BUILDING - LINK ADELMAKS OOD TECHNOBILE TRADE EOOD FINDA EOOD HANDZHIEV G HANDZHIEV EOOD G K INZHENERING 2016 EOOD EVROBILD GRUP 11 OOD FDM GRUP EOOD LG STROY EOOD GSK BILD EOOD DORIS RAZGRAD OOD ET KRISTAL-MR - MARTIN RUSHEV ANGEN STROY EOOD GERLAN OOD FID RIPEAR EOOD PGS 96 OOD EKOSTROI-CHAKALOVI EOOD ZLATNO SECHENIE EOOD PRITI LAYF EOOD BRATEKS OOD TILE IMPORT EOOD IMPAKS OOD KIY BILDINGS OOD NIKOPOLIS BILD DZZD DENY CONSTRUCTION EOOD NIKOLOV PARTNERS EOOD IBERIS EOOD B AND Z OOD OMAR KOOPERATSION EOOD KOTEV PROEKT GRUP EOOD PRIMERA KO EOOD AA GRUP 2016 STAVREV KONSTRUKSHAN EOOD KARE OOD METALIKA STROI EOOD BEST BUILD 83 EOOD STR GROUP OOD VERDZHI STROY EOOD PIKSI STROY 2 EOOD P I P GRUP 16 EOOD SALOV EOOD GLOB STROY EOOD TEMELI EOOD MI KORP EOOD M D CERAMICLTD EOOD POLY YORD EOOD VAS GROUP EOOD STROYKO OOD VIP 2005 OOD ET MIRO 2003 - MIROSLAV PEEV VALENTIN TSEROVSKI EOOD IDEL BUILD EOOD ADIS OOD VERADO EOOD MONA EOOD VALEO INVEST EOOD KAVIS OOD ZETDZHI KAPITAL OOD TALIMON INVESTMANT BG EOOD DILOV INVEST EOOD BRUDA EOOD ASTERI OOD ND-HELICOM EOOD 19 SeeNews Industry Report

MIL STROY-GRADINAROV 70 EOOD ASTA 2012 EOOD TI-SI BG EOOD RT ENGINEERING - N AD EY ES PARTNERS OOD TEAM ENGINEERING EOOD GD INVEST GROUP EOOD PLANING GRUP DZZD NEC GROUP OOD AKITA 2 EOOD ELIT BILDING BG EOOD IG BAU EOOD SIMEKS 3 EOOD AGROAL EOOD BILDKOMPLEKT EOOD ARK-BILDING OOD PLAN N OOD TIVES - TRIFON BAINOV ET SIT GRUP 13 OOD EUROBUIDING INGENERING OOD PROIS PLYUS EOOD BILDING STROY EOOD DRAKAR OOD PORTIKO OOD YUNIVARSAL-V EOOD A & K GRUP EOOD G THREE INVEST OOD FREDO 3 S OOD ANDREEV BILDING KAMPANI EOOD UZUNOV STROY EOOD KONSORTSIUM MUNDUS SARVISIZ AD - SI GRUP INZHENERING EOOD MUNDUS BILD EOOD IVEN INVEST 2 EOOD RUVEN INZHENERING OOD BILDING - TD EOOD DE OOD LYU-EV NIKO STROI-5 EOOD MAXSTROI 99 OOD UNIKAT 50 EOOD BARMOV BEST BUILD EOOD SENTURA EOOD STIMTEH EOOD ET SLAVCHO DIMITROV - GORELSKI FOSPAN OOD E S A - 17 EOOD MANOV-POMORIE EOOD STOMANOBETON HRISTO ILIEV ET PRO BILD BULGARIA OOD IFP 3 OOD ADEKO OOD ENIKOS MONTAGE EOOD RUSE STROIGROUP OOD SUN ROCKS EOOD PHEONIX BUILDING EOOD SOFIA BILD GRUP OOD EASTERN CONTRACTING MB OOD AVALOON OOD PRESTIGE-R EOOD POPSAVOVI OOD RUMA STROY EOOD AYSI 2005 EOOD PPS- EOOD DZZD KONSORTSIUM KOREKT PLAM - 92 KRIEYTIV SOLYUSHANS BULGARIA EOOD ARCHITECTONYX OOD SUNNI TT EOOD INVEST BUILD - VARNA EOOD ALDO-GV EOOD ENRIKO EMTS 2000 EOOD ALEX RESORT EOOD STROYEKSPERT KONSULT OOD FIS BUILD EOOD STROY PROGRES BG 6 EOOD STROYELIT K EOOD ZHSP STIL OOD BM OOD EVRO STROITEL 1 EOOD KREP 55 EOOD DABOVETE EOOD MULTI - STROI 91 EOOD HIDROINZHENERING 1 EOOD IV I KO 2015 EOOD STROMAT KOMERS EOOD PROLAINE-M EOOD PROEVOINVEST OOD ROSITSA-99 AD AVEO INZHENERING EOOD TES CONSULT EOOD MAKSI STROY GRUP OOD VIP BULDING-N EOOD ATON-681 OOD BILDING MAR EOOD MDMA 16 OOD IMPORTSTROY EOOD LIK STROY EOOD BIO EKO BILD EOOD SIGMA DZHEM EOOD DARBILD EOOD GARANTSTROY 91 A OOD STAVROPULO EOOD ARKO LOZEN EOOD INOS PRODZHEKTS EOOD ILIOS BG EOOD ALFA INVESTKO EOOD BLYAK SIY BILDINGS EOOD MONOLITSTROY KOMERS EOOD DISK-GT 93 OOD PI ES DZHI-KONSTRUKSHAN EOOD SINVEKS KOOP EVELIN 93 EOOD CENTRAL FORUM OOD MARKOV ILEKTRIK EOOD OOD EVROBILD 1 EOOD BILDING GRUP 2000 EOOD KROSS-INTERNESHANAL 01 EOOD DINATSTROY OOD LOTUS INZHENERING EOOD ECO ENGINEERING EKOSTROY OOD ASTORIA ELENITE EOOD PRIMA KORECT EOOD RUHAUS OOD OBEDINENIE ENERDZHI STROY DZZD RADIANT I KO OOD FERSTROY EOOD PRESTIGE M OOD GEOSIM PROEKT EOOD IDEYA BILDINGS EOOD KIROVSTROY 89 EOOD LUKSORIA BILD EOOD POLIGRUP 7 EOOD LUCKY STROY EAD KOSMOS REZIDENS KOMERS OOD TOPBAU OOD GEORGI HARALAMBIEV SIVKOV ET PIRIN CONSULT EOOD RAHOVETS MARKOVO BILD OOD PETRA 61 EOOD KARRAT GROUP EOOD GUNDI 2008 EOOD KRISTAL OOD BULTEHSTROY EOOD IMPERIAL HAUS I KO OOD MINSTROY PROPARTIS EOOD STROITEX 90 EOOD VLAD STROY INVEST 76 EOOD BULMIX-VIP OOD BILD SARVIZ EOOD ESPY INVEST OOD AGRO ASO GRUP EOOD REAL-MM EOOD SPEC EOOD HILS 84 EOOD IZOLSTROY 21 EOOD STROYCITY EOOD MODEREN UNIVERSITET DZZD STROYPRODUKT AD SI BILD INVEST OOD VENELIN PROJECT OOD IBOR-09 EOOD ARGISHT OOD STROI M GRUP L TD EOOD ALFASET EOOD PROEKT STROY EOOD TRII MASTER EOOD KVTRANS - INVEST EOOD BELIISA GRUP OOD TUIDA CONSULT EOOD ILARIONOV STROY EOOD INVEST-2MRLTD OOD IZGREV PARK OOD ARTYOM OOD INVEST 77 EOOD MAXIAL OOD GETOAR EOOD STIL KOMPLEKS OOD SPORTSTOY EAD COMFORT-AN EOOD NILSTROY EOOD DZHEMO 92 EOOD OMEGA SM EOOD DANO RL EOOD LINO MARKET EOOD PLADUR - I EOOD INTERBILD-A OOD VETROGEN ELEKTROSTROY OOD BALKANSKA STROITELNA KOMPANIYA 2002 KARVUNA 2007 OOD D & D REAL ESTATE OOD EOOD MIDIA INFRASTRUKTURNO STROITELSTVO OOD TSID ATLAS OOD ET SANDRA 90 - NEDELCHO TUMBALIEV SAULE OOD BILDING LS EOOD SPECTRA STROY EOOD GRIYNLAYF - SAND EOOD ARENOR EOOD HORIZONT IVANOV EOOD BOMINI INVEST OOD ERKOSTROY EOOD BOKAL BG OOD ARSIS EOOD BI EYCH DI KONSULTING AD INTER SHTAYN OOD DOMEX CONSTRUCTION EOOD BUL ROS EOOD GEMEG EOOD AVANGARD BILD 1 EOOD KOREL PC EOOD MILMAR -46 EOOD MEGASTROY-K OOD ESI-KO OOD VITOSHA RIAL ESTEYT EOOD GREENLIFE-HOLIDAYS EOOD IN-MAT 2018 INTERTIME BLAGOEVGRAD EOOD DIM RAD EOOD GONG VB EOOD DENIS - 1992 EOOD MIRFIX STROY EOOD SPASOV EOOD SAYT KANSTRAKSHAN EOOD SVT EOOD DOMSTROY 2018 EOOD EKOPLANET VELIKO TARNOVO EOOD MIHAYLOVSTROY EOOD EM BI GRUP 91 EOOD LAND KONSULT OOD ET PAVEL VARADINOV TALOS BULGARIA DZHENERAL KONSTRAKSHAN KROM EOOD FUTURE LIGHT COMPANY EOOD EOOD BUROV EOOD KOTSE INVEST EOOD VIP CONSULT ENGINEERING EOOD DZHI TI GRAUND ENDZHINIARING END ET ART DIZAYN - MANFRED VALLASTER ROYAL EOOD KANSTRAKSHAN SARVISIS EOOD DOMRE ONTSTROI-DIMITRA JELEVA ET TAKADOM EOOD EVDIALIT OOD BRIKEL BILD OOD EUROBUILD GROUP SOFIA EOOD MSM INVEST OOD BBK - TERAKOM OOD RK AKVA MILENIUM STROI OOD KMM INZHENERING OOD KRAUN ENTERTEYNMANT GRUP OOD DZHEBEL 2015 EOOD SOFIYA BILDING OOD MAKS MAR EOOD KANARIS - BG EOOD SANI BILD EOOD LIDER OOD DRAY BILD OOD HELIOS - 2005 OOD VARNA SITI PARK 2 EOOD 20 SeeNews Industry Report

N P M 71 EOOD TUTHON 2017 LIVIMS - M EOOD VODOPROVODI AVS - IMOTI EOOD AYAKS-91 EOOD ELEMENT 2018 EOOD VALKANOV I MILANOV OOD KORAL M OOD LINO-INZHENERING EOOD KEPITAL STROY GRUP EOOD NAVAGIO GROUP EOOD JIM STAIL EOOD KUPMANS EOOD TORASTROY EOOD NG STROY EOOD AURA-3 EOOD KOMIMEKS - 21 EOOD BEL VIZHAN EOOD PERLA PROPERTIES OOD ART STROY OOD RAINKA OOD PROKSIMA DENIZ EOOD VEKTOR LUKS BILD EOOD BAIRIAMOVA-GA EOOD KORAL BILDING-NZN EOOD SLAVI BG TROYAN EOOD STAR EOOD ROZETTA PROPARTIS YUNAYTED OOD SBK CONSULT EOOD ABV-INVEST EOOD A I YA 01 EOOD MARCHELA 90 - ZHLATKO MARCHEV ET STILBILD A 2018 OOD DZHI END DZHI EY AR STROITELSTVO I KONSTRAKSHAN V OOD INVESTITSII OOD SANTA MARINA AD PG PROPERTY EOOD MIHOV INVEST OOD ETEM INVEST OOD BSAM-GARDANS EOOD GREENLIFE-TOWN EOOD PKM STROY EOOD STROY IMOTI EOOD NYU BILDINGS EOOD SO - FI 55 EOOD LUKSARI YUG EOOD FIDIY EOOD EL INS BILDING OOD SI GROUP BG OOD NOV VEKTOR OOD SK EKSPRESSTROY AD INKOM PV OOD MALINA RESIDENCE EAD AS-STROYINZHENERING OOD STROYINVEST BUILDING OOD KENET GROUP OOD MAVIYANA EOOD QUAD LOCK BULGARIA EOOD NIKAS INZHENERING EOOD VASILEV STROY 70 EOOD DZZD RASTER-LILI 1204 NEVA - INZHINERING EOOD FINSTROI 2018 SLTD EOOD PROBAU EOOD PETYO PETKOV - KOMERSIAL - 2002 EOOD THE NEW HOME OOD NEOTEH EOOD EUROBULSTROY HOLDING AD MANASTIR GRUP EOOD ZEEZIHT OOD TRAKIYSKI STROITEL 99 EOOD STALEKS INVEST OOD ART BILD GRUP EOOD ALP STROY SOFIYA EOOD INFI - MET EOOD GRIVAS -S EOOD IVAYLO NESHEV NESH I ET ZEVS GRUP 2000 EOOD SIMBUILD AD ITALSTROY OOD AVANGARD 09 OOD BURGAS PUUL STROI EOOD DE WINTER BULGARIA EOOD SEMOV - BILD EOOD DANA BILD OOD YUROP ESTAYT MENEDZHMENT EOOD LANTAN INVESTMENT OOD VI AY PI FAMILI OOD BUREVESTNIK 29 OOD DIVES 13 OOD SV TRADING OOD FILCHEV ET YOVKOVI OOD EYCH DZHI ES SEVER OOD NIKELE EOOD INVESTSTROY - RUSE ES OOD EY PI INVESTMANT EOOD KONAK - 2011 EOOD MONOLIT OOD PI AND DI STROY OOD ROLVIS OOD ROYAL 2008 OOD ADO STROY OOD TEKIRA STROYPROEKT EOOD VINSTROY INVEST OOD PODEM EOOD BILDING OFIS EOOD NIKSA OOD KP GROUP SOFIA OOD STARK INJENERING EOOD PERFEKTSTROY MARIAN MARINOV ET VIDZHIAR INZHENERING OOD KONSORTSIUM FUNDAMENT INVEST ADLON REMAR INVESTMENT OOD BILDARS KAMPANI DZZD CORRECT FACTOR EOOD SOFIYA PLAZA PROPARTIS OOD SK REZOS EOOD GIYANA INVEST OOD EVRIKA GT OOD NOVA 2009 EOOD VIA INZHENERING EOOD KASTROY EOOD APB INVEST OOD MAH INVEST EOOD ORA TRADING EOOD MEMA HARILLAOS-2015 EOOD BILD 89 EOOD EMDIBILD OOD LIAP EOOD METAL CONSTRUCTIONS YANA EOOD ALEKS GRUP 79 EOOD VITOSHA STROY INZHENERING OOD SEVGINAR YASHAROVA SERBEZOVA EKO HIDROSTROY EOOD STROITEL - 48 OOD JR ENGINEERING EOOD GOLDEN DUNES EOOD ASTSENDENT OOD IES SITI TREID EOOD BART 2016 EOOD TECHNOBUILD ENGINEERING EOOD BULPROEKTINGENERING EOOD BALKAN-TULA OOD TOMOV KOMPLEXSTROJ EOOD RIS PRO DZZD KRASI VD EOOD MM CONSTRUCTION AD FINE BUILDING EOOD USTRA HOLDIMG AD MARTINKOVI EOOD TROYAN BUILD OOD ASAMOV OOD STROI PERFECT EOOD ELSID-2 EOOD STAMINA BG OOD KIS INVEST 3 OOD NOVE DZZD ERA 90 DIMITAR KOSTOV EOOD PRIMI AD ZIDA BUILD EOOD TONOZLIEVI OOD OMEGA PRO EOOD TSERB TSERB BILD EOOD DZZD LOZENETZ BUILD SANI 72 ASEN MARINOV ET EVROLUKS EOOD TERA - KJ EOOD DENI TRADE EOOD STIL PROEKT EOOD A 7 EOOD EVROGEOKOMFORT EOOD STROITELSTVO 2000 OOD KO - RENT EOOD VABUL INVEST EOOD IMPERSTAR EOOD INTERIORI PLAST EOOD ER DZHI INZHENERING OOD KREP ENGINEERING EOOD LID - ENGINEERING 69 OOD PITSTROI EOOD TARUM EOOD ANDONOV STROI EOOD IV STROY EOOD RIGELS VIKTORI OOD KONSORTSIUM TERMOTREYD BURGSTROY 2 EVRO STROY 2007 OOD JB BUILDING GROUP EOOD DZZD E.R.A. 17 EOOD BAUWELT EOOD DIMAKS KONSULT GRUP OOD ET BIGOR-KOMERS-TSVETAN DENCHEV DOMSTROY EOOD SKAY STROY OOD PETROVI 2003 EOOD RBS STROY GROUP EOOD ET BAUMONTAZH-IVAN IVANOV FMG 16 OOD ALBASOF EOOD MEGASTROI M EOOD GLOBAL LEND INVESTMANT LIMITED EOOD TACH EOOD JORDANOV ENGENERING EOOD ALIS-S OOD DOSTIN I SIN EOOD STROYPROEKT TIA OOD PGS 15 EOOD KOSTOV PROJECT EOOD TOMKA EAD PROEKTI XXI EOOD INVEST STROY 681 EOOD MAGICHEN SVYAT OOD HRIST OOD NIKOLI-M EOOD NIKOS 83 EOOD ALTAI - KEDR EOOD PETROS STROY EOOD SOFBUILD EOOD SIANA 62 OOD ECO FISH INDUSTRIES EOOD VALDEN PROEKT EOOD PRIMEBUILD 11 EOOD DRIYM REZIDANS 2 EOOD MSV BILDING EOOD SOFBILD SA EOOD SOFINVESTSTROY OOD ADELFIA NOVOVAZNIKVASHTI NAUKI AD ELEGANT STROY GROUP EOOD K I K STROY INVEST EOOD TSERB ARTIS EOOD DZZD DEVAS ESTATE OOD ANDELESTE EOOD STROITEL IV EOOD SHTIL STROY EOOD GN INVEST EOOD OMARI TREYDING END KANSTRAKSHAN OOD BULCON REAL ESTATE EOOD PERFECT BUILD EOOD ADRIANA 6 EOOD DI VI GROUP EOOD TOBO - STROY EOOD STROIIN 25 OOD STROYSTIL - K EOOD BILDA INVEST OOD LESO INVEST OOD ANDZHI STROY VARNA OOD VALKOVSTROY INGENERUNG EOOD DAGA - APOSTOL EOOD TEMPO 94 OOD RESPEKT STROY EOOD SOFIYA OFIS SENTAR - 2 EOOD AMIT CONSTRUCTION EOOD SIY FORTRES EAD FLEKSMARK EOOD INERGIO EOOD HOME CONSTRUCT COMPANY EOOD IMOTI PRESTIJ EOOD KOMPOZIT STROI EOOD GARANTSTROY OOD GEA STROI OOD 21 SeeNews Industry Report

AD STROY OOD BUL MAR STROI EOOD APOLON STROY OOD MAGY EOOD VOSTOK-PLYUS OOD RADAN CHOLAKOV ET STROYREMONT - YORGO YORGOV PS ET RAMIRA STROY EOOD STOMED - 69 OOD MS CONSULT 2017 EOOD GARANTSTROY GANCHO GROZEV ET IMPERIA VNV EOOD PLASTSTROY R I N OOD FOREST PRODUKT EOOD K GRUP OOD ART STROY INVESTMANT OOD TREMEX EOOD BONSTROY BULGARIA EOOD OBG TREYD EOOD BELNI HB EOOD AHS -BILD COMPANY OOD STROYCOM G I L EOOD EVKO EOOD BRATYA BACHVAROVI OOD INVEST KONSULT AK OOD YUNIIK HOUMS BULGARIA OOD TEKTOS STYLE EOOD ESTEL STELA RUSEVA ET MIR REMONT EOOD SOFIYA ISTEYT EOOD YANERA INTERNASIONAL DE INVERSIONES OOD EKSPO ISTEYT PROPARTI EOOD ARCON OOD ELIT NAZIM AHMED ET STROITELNA KOMPANIA MILVES EOOD BALKANSTROI INVEST EOOD BULSTROY OOD ERIDU OOD GBS TONZOS AD VARNA INVEST GROUP OOD GLOBUL ARHITIM DZZD BUILDING OOD BUILDAH EOOD NEUFERTBILD EOOD START INZHENERING GRUP OOD VESTONY EOOD ALEX STROY EOOD UNIQUE PROPERTIES PLUS EOOD ECO GT EOOD NYU UARLD KAMPANI OOD STRUCTART OOD NYU VIZHAN 2015 EOOD BM INTERNESHANAL EOOD DANAOS DEVELOPMENT EAD FRESHSTROY OOD KINO KOREKT BAU OOD ANDIKA OOD MEM - KOMERS OOD MATEH EOOD SOFBULTREYD - 10 EOOD PI TI ES - GRUP OOD SANISTIL EOOD KONSORTSIUM GALIS EN EFEKT DZZD 55 XL EOOD ROS BUL INVEST OOD BAYAZ EOOD N E BILD EOOD PERLA DELLEST EOOD AGM ENGINEERING SPLTD EOOD AIC OOD MANDARIN 92 EOOD BI ES BILDINGS EOOD MIK INVEST 7 EOOD TRIM STROY EOOD DENIVAS EOOD TRESKAVETS OOD GAMA STROIINVEST EOOD BULKARP OOD EOS PARK EOOD RICHHILL OOD KAPATNIK OOD VG KORNER EOOD ARSHINKOV INVEST EOOD GUSI EOOD SMART HAUS DIZAYN OOD STABO STROY EOOD KONSORTSIUM ATLAS 95 INZHENERING DZZD RIMB EOOD PIRIN STROY EOOD STROYSNAB 2003 OOD MONEV BUILD EOOD KONSORTSIUM STROITELSTVO BURGAS DZZD KRASIM 2004 EOOD TALANT M EOOD INVESTRA EAD MIX BUILD 85 EOOD SOTIR G - 2000 - SOTIR GUGALOV ET ART SISTEM LD EOOD IDM -94 EOOD ELTE INZHENERING EOOD ARTISMA EOOD ELKAVI OOD MBM INGENERING EOOD SARAFOVO DOM OOD BAUPRO 1 OOD S STROY COMPANY EOOD SAN INVEST GROUP OOD KULTUREN TSENTAR AD DEFIANT EOOD LEIDI LI EOOD ECOSTROY - ELENA EOOD HOME. BG 2019 EOOD VITOSHA VYU 5 EOOD ET RADIANA PP - PLAMENA PANAYOTOVA VRABEC EOOD DOM BILDING GL OOD STROYENGINEERING OOD FAIRPLAY CONSTRUCTIONS EOOD HEROS RIAL ESTEYT EOOD GEOPLAN EOOD KOBICO PLUS EOOD ESI-MG OOD JEKOVSTROY EOOD DOM BG B EOOD STROEZHI EOOD ALUMINA BUILD EOOD UKRASA 2000 EOOD SITISTROY 17 EOOD BILDINVEST 38 EOOD ODIN GARANT EOOD NERA GRUP EOOD BILD SISTEMS 11 EOOD R CO DESIGN EOOD BULGAR LUKS STROY EOOD PARLAMENT STROY-83 EOOD ELENA PETKOVA 14 EOOD BORD EOOD DI EL STROI EOOD SAMUIL 10 OOD OFFICE SREDETS-STROY COM EOOD ARAGIS EOOD VENIKS GRUP AD SUN LAND 1 EOOD OVIMA EOOD R.S. ENGINEERING OOD CITYHOME EOOD DNA KONSULTING EOOD MADISTROY OOD VITOSHA PROPARTI KONSULT EOOD AKORDIO EOOD STROY GROUP ILIEVI EOOD AMP KONSULT EOOD GARANT PLUS EOOD MOTIV 1 EOOD KAMCHIYSKI PLODOVE OOD DENEO EOOD STROY INS - 22 EOOD SK AYTOS DZZD ISA OOD RENED OOD PID INZHENERING DZZD ARTEM ENGINEERING EOOD DIVAS INZHENERING OOD KREA 5 EOOD AMARATH PROPERTIESLTD EOOD STROITELSTVO - EOOD EKA 2007 EOOD DZZD SVETA EKATERINA 2018 GID ENGINEERING OOD FULKRUM EOOD TEHSTROYEKSPORT EOOD LEVA GRUP EOOD STROITELNA KOMPANIYA VT OOD DT INVEST GROUP EOOD BUILDTOP3 EOOD NIKOLOV STROI OOD KASKADAS GARDAN OOD INTER STROY BG EOOD RDV INVEST EOOD GENKO STROI EOOD TRIONIYA EOOD DERELIEV EOOD AVTO STROY OOD IVANOV I IVANOV OOD SIGMA -P OOD GBS - RUSE AD BATPEL EOOD ELIT ENGENERING OOD ANGELOV STROY 09 EOOD SORIS EOOD LUCKY 2006 EOOD NP GRUP 2016 OOD DORA ILEL EOOD GALA BILD EOOD EMPULS GRUP OOD PROEKT 65 OOD YAVOR INVESTMANT OOD HAQ-S OOD KOLEV-2004 OOD STROITELNA KASTA - BELA - ICA EOOD GARDEN ACCENT CONSTRUCTION COMPANY OOD KRES INVEST 2007 EOOD SENTRAL PARK ZAGORE AD ES DEKA 2015 OOD KAT GROUP OOD TI PARK EAD HOME SERVICE EOOD KAMENAR GROUP1 EOOD G R STROY EOOD LEYK SAYD PROPARTIS OOD NYU DZHENEREYSHAN PROPARTIS EOOD GRUP AB EOOD PETKOVI BILD OOD HANKO MITEV OOD ELVIK DZZD NIVALETA PLYUS OOD CONSTRUCCIO EOOD STROITELNA KOMPANIYA SKARABEY 888 OOD DZHI PI BILD DZZD ASSTROY OOD CASA CHIC AD KVK OOD EVROKALE EOOD BOBILOT EOOD KIM-13 EOOD KOD GRUP 1 EOOD BUL BILD - 2012 EOOD EM INVEST 2014 EOOD KREPOST MM EOOD BILDING INTERNESHANAL 2017 EOOD VELMART EOOD ADI STROY EOOD NOVA GRUP 2018 OOD FORTUNA - MM OOD RDD ELEKTRONIKS EOOD TEHNONADZOR BG OOD VMG - MANAGEMENT OOD GLAVNO UPRAVLENIE STROITELSTVO I LEGALIS BROKER OOD VAZSTANOVYAVANE EAD STROY KOREKT KAMENOV EOOD VOYAZH IMOTI OOD KOLINA STROY OOD TSST STOEV EOOD DEO TREYD DZZD SOFBILDSTROY OOD DRIYM HOUM DEVELOPMENT EOOD PETAR CHUKUROV - 2011 EOOD POMORIE INVESTSTROY OOD DENITSA LUKS 3 OOD SERVIZ ZA STROITELNA TEHNIKA EOOD STROY SEM EOOD STROY STIL 2000 BG OOD GOLF VILIDZH 2008 AD ANKRAS 2006 OOD IBC CONSULT EOOD VIVA STROYKOMERS EOOD ILIT 2015 EOOD ELIT KOMFORT EOOD BO BILD EOOD DANKESTROY EOOD 22 SeeNews Industry Report

ARTSTROI PRO OOD DIMITROV - INZHENERING EOOD JD - GROUP EOOD DELTA INVESTMENT BUILD EOOD ZARI TRADELTD EOOD PROMAS EOOD BETA COMMERCE OOD ARGOGROUP EXACT OOD HIVIS OOD C AND C BUILDING EOOD DENIS 69 EOOD KND KONSULT OOD KRASI STROY 999 - OT OSNOVI DO KLYUCH LEKS PROPARTIS AD GABI IMOTI EOOD STROM INVEST EOOD EOOD EVROSTROY - BG 2008 OOD KARAKOM-STROI EOOD P I P PROPARTIS EOOD STROYART 05 EOOD EVROSISTEM EOOD KONSORTSIUM ARTESTROY DZZD BENC OOD ALMA-EM OOD EURO ADVANCE CONSTRUCTION EOOD OBEDINENIE ARMIRA 2013 DZZD ZEFIR STROY OOD SGM GRUP EOOD AL VI - 2009 OOD NANEL EOOD ANIKO EOOD CONSTRUMAX OOD GBS-BLAGOEVGRAD AD MATIS KLUB 2018 OOD OSI BUILD - 69 EOOD MANGLE VIKTORIYA OOD YUG STROY 1 OOD KONSEPTA EOOD BILD 2004 OOD NPEE GRAD BURGAS ZH K IZGREV BL 34 DZZD ARCH INVEST PROPERTY AD PIRIN 2006 OOD AREST GRUP EOOD PROPARTI TAYM OOD CHETIRI EDNO OOD TOPSTROY DEKOR OOD DE ES KOM EOOD DZHANI GRUP EOOD VANADEM EOOD ALE INVESTMENT EOOD NEFI EOOD FIORE INDUSTRIES EOOD TSANKOV INVEST AD VUSLAT EOOD STROY KOREKT DK EOOD RASTER YUG OOD BIS STROY EOOD VELSTROY - 2011 EOOD ERGOBILD EOOD AMIKO - 2000 OOD TRIMEN KANSTRAKSHAN EAD ALFA INVEST DZZD ENERDZHI INOS1 DZZD M STROY 77 EOOD ET STELIT - KRASTYO KRASTEV ALMIK STROY EOOD ET RETE - KOM - ROSEN TOMOV MELO 73 EOOD KAPRUN EOOD TIAR INVEST EOOD NIKTER MAX OOD HUS - AUTO EOOD BILDING TREYD EOOD FISH HAUZ EOOD VEDI-NT-ZHELEV OOD AYKO STIL GRUP OOD DEYVSTROY 7191 EOOD PLAN 21 GLOBAL OOD FUNDAMENT-2 OOD SREGI OOD IDOL OOD NIS INVEST EOOD HOUM PLAN EOOD BILDINGS OOD PIRON EOOD FENIS EOOD VI-KONSULT EOOD DZHIMTEH BILD OOD BANKYA EVARGRIYN EOOD AKRABOV OOD FRESH STROY GROUP OOD BUCHELI RUSI BUCHELSKI ET ECO-KD OOD PASAT-94-PG OOD EMINVEST EOOD CONSTRUCTION COMPANY DIADO BOJKO EOOD HOUM BILDING 75 EOOD ARH SITISTROY EOOD BAUERKER GMBH EOOD AM HOUM BILDING OOD PETAR MAVROV OOD ASTROY IZOLATSION EOOD ETROSTROY AD BE 2 OOD EMPAYAR GRUP EOOD BILDING KOREKT 1 EOOD BIG MARIN EOOD BLAGOEVGRAD INVEST 11 EOOD SOFIYA BILDING PROGRES EOOD EKOBULIMPEKS EOOD DOM M EOOD EREMIA EOOD BILD PARTNARS OOD OLI STROY EOOD EVRO STROY INZHENERING 777 EOOD SAD STROY GRUP OOD PODEMINZHENERING EOOD KONSORTSIUM ENERGIEN DOM ZZD ES KEY BILDERS EOOD TOP STROY-88 EOOD ARTSTROY OOD SASS EOOD DESIVO - KO OOD SNG BUILD EOOD KREATIV MENIDZHMANT BG OOD BUL INZHINERING EOOD STIL STROY OOD LUCKY KD EOOD PJASAK I LUNA BG EOOD PHILTER - PHILIP TERZIISKY ET DZZD OBSLEDVANE I INZHENERING VIK 2012 DZZD REAL TREIDING EOOD STOMAR INVEST 97 OOD WILDING INGENERING GROUP OOD STROIREMONT 1992 OOD PIMS STROY EOOD K$K STROYREMONT EOOD ORION BUILDING EOOD BEST BILD INVEST EOOD HRISTO DYUNKOV EOOD BULBILD 7 EOOD HADJIEV STROI EOOD EVROR MARHONI BG OOD ROYAL VI OOD BISA STROY EOOD KOMPLEKTSTROY EOOD STROITELSTVO I REMONT 090 EOOD COMET INVEST EOOD LIVILUKS EOOD BM STROI MONTAG OOD GERA - STROY OOD ET VASIL HRISTOV - ZORA 34 ART BILD 2009 EOOD ANTARES IN OOD DIEM - BG OOD BILDING VARNA 2013 EOOD KREPOST MPM EOOD GPS BILD EOOD DZZD SDRUZHENIE VRATSA - OG ZIMNAK-STROI EOOD ASTROY - FINES EOOD BARASH - 91 EOOD BULGARIAN RUSSIAN INFORMATION CENTER ENERGIYNA EFEKTIVNOST 2016 DZZD MIHNISVET 15 OOD ATOKAM EOOD EOOD VERZH BILD EOOD SUN LAND 6 EOOD LUXSTROY IMOTI OOD UILD MAX COMPANY OOD CLAREO EOOD MASIV 4 OOD DI TI DI MENIDZHMANT AD SA GROUP BG EOOD RDI CONSTRUCTION EOOD BULSTROY OOD GAZSTROY 5 EOOD ARETE STROY EOOD UNIPOOL VARNA EOOD DZZD TEHNOSTROY - 2018 AV INVEST EOOD IDOL SOFIA EOOD RAVDAINVEST OOD MAKT BG EOOD ARTSTROY ZS OOD ROBUL CONSTRUCTION EOOD TEKTONIKA-BG EOOD MITKO I MARINA SAVOVI OOD EKSEL BILDING OOD DZZD - 5 STOGOS OOD STROYINVEST 2013 EOOD VESSTROY 2000 EOOD KONSTRUKT PRODUKT OOD KRISTI 74 EOOD NEW BUILDING RESIDENCE EOOD CHEYNCH 84 EOOD KIDO HOME 2 SPLTD EOOD STROY INVEST GROUP 2 EOOD NAN-STROY EOOD BLYAKSTOUN GRUP OOD ATEZ EOOD LUXBUILD KORECT EOOD STRUCTIVO OOD SAB INZHENERING 55 EOOD MARSTIL BG EOOD ROYALSTROY LB OOD STRON OOD SELORA EOOD MONOLITSTROY - 3 EOOD PRESLAP EOOD FUTURE ELECTRICS SLTD EOOD HV BUILD STROY EOOD HORIZONT - 3 OOD RAIKOVI 2013 OOD DAGER INZHENERING EOOD SREDETS STROY EOOD MO GROUP 2017 EOOD NIKSO BILD OOD SKARABEY BILD 2 EOOD BAUMAX ENGINEERING EOOD EXALCO VARNA EOOD BOLGARSTROY EOOD AN ASETS EOOD - V LIKVIDATSIYA REMONTSTROY DOBREV EOOD SUNNYBUILDINGS EOOD STROMON EOOD PELA-MM EOOD MEGASTROY NIKOLOV EOOD VOLTEKS OOD STAT-2 OOD NIKOLI-MM EOOD GEK STROI EOOD LUKS INVEST EOOD NITROTEN OOD DP-STROI EOOD GALSY EOOD ELYSEE MLADOST INVESTMENTS OOD ABIMI EOOD INVEST GRUP DZZD G 4 TREYD EOOD HIDROSTROY- EOOD EUROEKOPRODUKT - MV OOD ESTELA OOD VIKAT 2018 EOOD YUNION KOREKT AD VETRUK EOOD EVROPAYP M EOOD BEST STROI REMONTI EOOD KAM - 67 EOOD PERLA 33 EOOD VIVA - INZHENERING INVEST OOD PRO ATM RISK INJINERING 78 EOOD ANKER OOD BALVES BUILDING EOOD MIM - VANDEV 1991 EOOD NAVIKON SARVIS EOOD 23 SeeNews Industry Report

HELIUS LEATHER EOOD CONBUL ESTATES AD BAILOVO FAMILY HOUSE EOOD PRINT TECHNOLOGY 13 EOOD MI-LOU EOOD ARTSTROY STROITELNA KOMPANIA EOOD TERA BILD TP EOOD CONSTRUCTION GROUP EOOD STEGI EOOD TOMIBILDING TODOR MIHAYLOV ET MINYU KOLEV 96 EOOD KIRILOV STROY EOOD AT SMART OOD P-STROI EOOD SOFIYA SAYT EOOD DONIKO EOOD IV I YAN 7 EOOD MDL IMOTI EOOD WHITESTONE CONSTRUCTIONS CYPRUS LIMITED KN STROY EOOD BRANCH BULGARIA ANDONOV AND SONS DESIGN OOD FINES STROY OOD AYAKS 81 EOOD TODOROV I SIN 99 OOD EUROINVEST CONSTRUCTION OOD FASADA 73 EOOD ELITSTROY 11 EOOD PASHOV - BILDING STROY EOOD RAYA 52 OOD REALO EOOD TIFANI STROY EOOD BULINVESTMENT EOOD ALEKS - TOCHO IVANOV EOOD REM - STROY 71 EOOD DZHI END PI BILD EOOD ARGOINZHENERING EOOD VESMA - VELICHKO MINEV ET MOSKOV STROY EOOD S I M GRUP INVEST OOD GALVAN EOOD ZHILISHTNOSTROITELNA KOOPERATSIA EVROSTROY 05 OOD DANIKAT BILD EOOD TARAMEKS BILDING INVEST GRUP ZHONI PV EOOD PEPSTROI 5 EOOD DIVE BETON OOD ZHILISHTNOSTROITELNA KOOPERATSIA ZHSK RODOS EOOD GRAND GRUP 2008 EOOD MERMAID EOOD ROSETTA PROPERTIES OOD ZHILSTROY EOOD PROGRESSTROY EOOD BULSTROY INVEST 2000 OOD PALACE GROUP - STROY EOOD OREH - SP EOOD AZALIYA INVEST OOD TERMOPANEL ENGINEERING EOOD STROYMONT 2012 OOD USTREM BG EOOD NIKOLOV CONSTRUCTION EOOD EVRODIZAYN 2 EOOD SHTRABAG RIAL ISTEYT EOOD CABLE EXPRESS SERVICE-2007 OOD GLOBAL BILDING EOOD GRANDE 2012 OOD VI EYCH BI-2 EOOD MIRTEH EOOD EM DZHI INVEST GRUP EOOD VS ELECTRIC EOOD MIRAZH 7 OOD NIK CONSTRUCTION EOOD STILTON-P EOOD FOREST PARK OOD MOSKOV EOOD ZELENIKA DZZD DZHI PI DISTILARS OOD BETA PLAN EOOD BUTIK BILDING 1997 OOD STAN - SG EOOD KOLMAX EOOD MS-BILD INVEST OOD STROYPERFEKT EOOD ARKADA STROY INVEST OOD DZZD SPORT BURGAS ET SEZAM-91-OT - DANAIL GEORGIEV ARGOINVESTSTROY EOOD MCI BUILD OOD P 70 EOOD STROYCOMMERCE 05 EOOD ABP GROUP EOOD EVROMEHANIK EOOD STROIKOMPLEKT - 05 EOOD NIKMAR CONSTRUCTION EOOD MOUNTAIN HOLIDAYS EOOD ZAPADNA INVESTICIONNA KOMPANIQ EOOD ADI INVESTMENT 13 EOOD SDRUZHENIE DETSKA MECHTA BILD INVEST 06 EOOD MAX INVESTSTROY EOOD ELEVIT SISTEMS BULGARIA EOOD KONSORTSIUM OVECH STROY EOOD VAL I VIK EOOD INTER STROY D EOOD MASTERBO EOOD ST. GEORGE OOD ET SHEVKENOVI - NIKOLAY SHEVKENOV FERTAPER OOD STAR-BILD OOD VLADIMIR TRIFKOVICH EOOD IVATOM IVAN MARCHOKOV ET DEYA PERFECT EOOD STROYPLAN OOD A2 TREYD EOOD ESTROY OOD VESTA BILD EOOD ATA BILD 2015 OOD LILI 1204 EOOD KREATIV M OOD INAPLAST OOD STROICOM - 55 EOOD TCHAHOV OOD INVESTA OOD DL CONTRACTORS BG OOD SEVSEM EOOD DZZD ZGORIGRAD EKO GLOBAL OOD VARNA INVEST 2013 OOD INVEST MAR OOD MEGA HIDROSTROY EOOD VIVA STROI 12 EOOD PROMETEY DINATSTROY DZZD BULPAINTING EOOD VARNA CITY PARK 7EOOD EOOD REMSTROI - ITD EOOD RVK - GRUP EOOD EM - 06 EOOD ACTIVE INVEST GROUP EOOD ALMSTED EOOD SAV OOD NIKOLAY GEORGIEV 1 EOOD BOMINI EOOD ATP-ATOMTOPLOPROEKT OOD TECHNICS LAND EOOD MITSTROY EOOD KARGO SHIPING EOOD AGROMASHSTROY EOOD SENS IMOTI EOOD KOREKTSTROY - MM OOD IS INVEST OOD STEFANOV CO EOOD IVID STROY OOD STEIT 1 EOOD RELING EOOD ZKM TRADE EOOD ADLER - IN EOOD SUPERSTROJ OOD MARTINSKI EOOD ALFAMARKET PRIM EOOD KMM INVEST BILDING OOD VASITRON EOOD SETSTROY EOOD ARTINVEST - VARNA OOD BILDING ESTEYT BG EOOD HAY LEVAL BULGARIA OOD VODNO STOPANSTVO OOD PM INVEST GRUP OOD FAVORIT 96 OOD NYU BILDING ESTEYTS EOOD VARMAS EOOD ADENI OOD BUILDEST EOOD GS STROY BILD OOD GANDY INGENEERING EOOD AG INVEST EOOD LAMBIEVI OOD BUILDING SYSTEMS AND ENGINEERING EOOD M-TI-M-STROI EOOD BULKRIS 83 OOD IMPULS-AN EOOD MN INVEST - 2015 OOD BILDING STIL INZHENERING OOD KEY-STROY OOD GARDAN SITI PLOVDIV EOOD EUROTRANS M 2011 EOOD BRICK 2017 OOD TRIBEKA DEVELOPMENT EOOD STROITEL 65 EOOD DIRAK - D OOD STROYGRUP EOOD V - FORCE EOOD KOMFORT-VARNA OOD PGS 16 OOD BULART KONSTRAKSHAN OOD INTERBUILD 13 OOD KITANOV EOOD SDN STROY 2015 EOOD IMPERA TECH EOOD TODIS STROI EOOD ISSOMAT BUILDING EOOD KARLSAN INZH EOOD KONSORTSIUM IZOLA PROEKT DZZD TURNA 91 OOD KEITINKS EOOD STROYSITI-VITOSHA EOOD INTI EOOD VALEVI-V EOOD MARIK EOOD INVESTMENT ALLIANCE KOOP. IVSTROY-44 EOOD MAIT EOOD STRONG-M EOOD PAV INVEST OOD BILDING 10 EOOD BEP PERNIK DZZD UBS & PARTNERS EOOD VEREYA SK EOOD HARCH EOOD AIKON DAVID EOOD GARANTINVEST EOOD MD D & T EOOD ZAPRYANOVI 03 OOD MULTIPLEX OOD TI EN DZHI 79 OOD TODOROV ESTEYTS OOD TRADE COMPLEXES EOOD BSB 2017 EOOD ADISA - 76 EOOD STROYSVET OOD EVROPA - PP OOD SSS-GRUP EOOD PIK - STROYB EOOD TEHNOBILD OOD VALENTIN KANCHEV ET NOVEKS EOOD KONSORTSIUM SANIRANE BURGAS AMITOBA EOOD AM BILD GRUP OOD RAVDAINVEST 2016 OOD DZZD OBELIKS 71 EOOD VIP TRADING 999 EOOD STROYPROM EOOD ROCK ENGINEERING EOOD OSI BUILD GROUP EOOD ASTERY INTERNATIONAL INVESTMENT EOOD HIDROSTIL EOOD SIGNIA TAUAR AD PASAT 94 EOOD ZHILSTROY S EOOD DIKAL EOOD BRIABUILD EOOD TB PAVLOVO OOD KYUBS EOOD ZHODI I SIN EOOD VIOLINA 2018 EOOD CANADA TRADE CORPORATION EOOD DUNAV AD VIP BUILDING GRUP EOOD AVTO UNION PROPERTIES EOOD NYU BANSKO OOD 24 SeeNews Industry Report

HYDROIZOMAT AD IDEALSTROY 2 OOD INFRASTROI OOD GEBI BILDING OOD GRIYN SKUEAR OOD PBS ENTERPRISE EOOD TARGOVSKI KOMPLEKS VASILIKO OOD ASGARD INVEST EOOD BIGLA 3 SHLOS DZZD DZHI EL BILD SOFIYA AD NISHAVA B. OOD ANTON ANDONOV KRONOS ET V I K STROY EOOD BROX-2003 OOD SHPITS I KO KONSULT EOOD DZZD KONSORTSIUM REMONTSTROY GORAZD EOOD EUROSTROY COMERS-53 EOOD DV STROY OOD INTERSTROYPRJEKT - 90 OOD ISKRA - GEORGIEV, KOSTOV, PLEVENSKI OOD STIFSTROY EOOD KONDOR MH EOOD EM BI STROI EOOD LIDERSTROY VN EOOD GEORG 5 OOD GRIYNLAYF - INVEST EOOD GRAND BUILDSTROI EOOD ASTA 108 EOOD PROGRESS BULGARIA OOD DEKOMDOM OOD ELIT - ND EOOD GAUDI-GEORGI VULKOV ET INTER-STROY ENGINEERING EM EOOD DELAR SOFIA OOD MONOLIT-3 OOD BOSEVI GRUP OOD SAINT JOHN RESORT EOOD ENERGYCORRECT EOOD NOV STANDART EOOD BAREV - STROY EOOD ART STROI M OOD DZZD FESTIVALNA 2016 PETYA RAY 99 EOOD STROYKOM G I V OOD FINE BUILDING 92 EOOD BETEX GROUP EOOD HELITRANS STROY AD SALAMANDUR BUILD COMPANY EOOD GIPSTROY EOOD METAL PROFILES MONTAG EOOD AMD GRUP OOD DIMAL 2013 EOOD DZZD ZNAMENOSETS ROST INVEST OOD METRON OOD RIS I SIE OOD KPV-TREYD 2001 EOOD INVESTSTROY 77 OOD KADIMA 2015 OOD FORING OOD BYALA SUN RESIDENCE EOOD LEMON BUILDING EOOD UG STROI - 07 EOOD STROY KONTROL INVEST EOOD STIL 2002 OOD VRACHEV 5 EOOD M BUILD VARNA EOOD GEOKAD101 EOOD VALKANOV I MILANOV 3 EOOD MANOV ENGENEERING EOOD DARIS OOD POLI PROPARTIS 2015 EOOD BERKS 2004 EOOD IPAS 21 OOD LORIN - 1 OOD OVECHSTROY TANZHER 2016 EOOD L K ASSETS EOOD INVESTRA ML AD NEPAL OOD DONCHEV GRUP EOOD METAL STROY BYALA OOD PIVEL 1 EOOD G N P OOD IMOBILYARE 88 EOOD INVESTSTROY RUSE 1 OOD AVAL / ADLON BILDARS KAMPANI EOOD - VALMEKS EOOD/ ET GENIMA - MARIYA NIKOLOVA BENCHEVA VALSTROY 07 EOOD LAYT BILDING EOOD APRIKOT EOOD G4A INFRA OOD ODOSHKY EOOD NIP INZHENERING EOOD BULARKO INZHENERING EOOD OKSITERA EOOD BARASH STROY 2008 OOD RALEVITSA EOOD BALKAN KONSULTING EOOD FINES 2000 OOD VIHOLD EOOD INVESTHOME IN OOD GRUPO G56 BULGARIA OOD TARPOMANOV 09 EOOD ATEVE OOD KARI A4 EOOD PROEKT 7 OOD VIND KRAFT EOOD MINASTAR EOOD SG MINERAL EOOD TOBO - BILD EOOD UG BULDING OOD LIDER AMT EOOD SIGNAL 2007 EOOD RUSEV STROY 83 EOOD MY HOME EOOD MELINA 2020 OOD S P J AD MANEVI BILDING EOOD BUILDEX EOOD IKO KONSULT PROEKT EOOD BILD INZHENERING BG EOOD ARKO - ENGINEERING EOOD EKOSTROI-TRYVNA OOD YUPITER 2 OOD MICHA-17 EOOD CITY-EURO GROUP EOOD SANEKO STROY INZHINERING EOOD ORL HAUS OOD ZARA COMPANY OOD BOLKAN PROPERTIES MANAGEMENT EOOD IDEA STROY 18 OOD RESIDENTIONAL CONSTRATION EOOD TITINVEST LUKS EOOD ALPIN 2016 EOOD STALIMEKS EOOD DZZD SORTI 22 O EOOD EVRO INGENERING GROUP MK EOOD INTERTAIM ASET EOOD STROITELNA KOMPANIYA SIGMA- YUG EOOD PROGRESSTROY GRUP DZZD NKV-TREYD 2001 EOOD EDIL DOMANI EOOD PROBUILD- 2017 EOOD BG LEND KO OOD DELMARI OOD VIKAT EOOD BALKANSTROY ENGINEERING OOD DIMITROV I SIN EOOD GENT OOD AHINORA BILD DZZD ZHECHEVI EOOD DOROSLAVA STROY OOD DZHI ES DZHI OOD KALE 2006 OOD COMPLEX BUILD 1 SLTD EOOD DELOR EKSPERT EOOD VETO KOMERSIAL EOOD ZAKONNO STABILNO PROFESIONALNO SOFIA BUILD COMPANY OOD ELEGANT BUILD OOD STROITELSTVO STEFAN OTASHLIYSKI EOOD SK BRANDERA EOOD MOTO MAKS 2002 OOD GV KONSULT EOOD NOVA CITY LUX OOD DZZD SEVEROZAPAD STROY ET EKATERINA ZLATKOVA - BILD INCONSULT ENGINEERING EOOD METALOBAZA SOMOVIT EOOD ATTRACT ALFAGROUP OOD ART BAU PARTNER OOD GOLD 90 EOOD KARVEL EOOD BUILDER BG EOOD ENKOR BUILD EOOD VINBUILD EOOD ETNA 17 EOOD M& K 0507 EOOD VGR OOD INFRA GYM LIMITED. OOD TOIL EOOD INZHENERING 2017 DZZD ADBIS INPROCONSULTING EOOD ET B-TAPI-VASIL LYONDEV UAY-EM-SIY-EY EOOD NYUSTROY EOOD SI - DI EOOD KARIMPEKS - EVROBILD VENID-DJET AD ENERGY EFFECT STROY EOOD ET ANGEL PELOVSKI - MIRAN MONEV INZHENERING EOOD KOREKT-YORDANOV I SIE SD ELIT - 6M OOD IMO 2005 OOD FARI KONSULT DZZD GRADITEL OOD MUNDUS BUILD EOOD STROYKOM EOOD MIDIA AD BULSTROY - MONTAGI EOOD MONAKO 10 EOOD BRIZ 707 OOD KARBEN MENIDZHMANT EOOD GRISTO - 8 EOOD AMANTE 2202 EOOD FTM GRUP EOOD TIM I PARTNYORI ECOHIM PLASTIC OOD GIA HOLDING EOOD RUDVA OOD NARTEX 2 EOOD LAPANTOV STROY EOOD 3 BI KONSORTSIUM SGRADOSTROENE-VARNA GRUP EOOD STRON INVEST EOOD RUBIS V EOOD RVB EOOD KOMPLEKTSTROY EOOD SIS STROI 2018 EOOD IRS VARNA OOD ROTA CENTER EOOD CREATE STROI EOOD BG CONSTRUCT OOD ARTE MAGISTRA EOOD ANTONIO ENTERPRAYSES EOOD NAVIBUL HOLDING AD RAEV CONSTRUCTION EOOD LUCKY BUILDING EOOD KRAMI 2014 EOOD MULTYPLY GROUP EOOD TAUNUS BAU EOOD PST KOTA SALYU-D OOD SK DYADO BOZHKO ULTRASTROY DZZD BILDING OOD ARED EOOD TEHNOBILD INVESTITSII EOOD TOOT EOOD DIMITRINKA GEORGIEVA-2018-B19 EOOD NIAN EOOD T STROI 73 EOOD TODODROV GROUP - 95 EOOD TND PROPARTI EOOD STROYTES-RESTAVRATSIYA EOOD BILDING INVEST OOD GARCHEV INZHENERING EOOD ERGO OOD BUILD PLUS 82 EOOD RADIAN KONSULT EOOD STAR BILDING 2005 EOOD OGOSTA 2017 GEKOV PROPERTIES GROUP EOOD KONSORTSIUM MARITSA 2017 M&Z STROY OOD VITO STROY OOD STROITELNO DRUZHESTVO GLOBO OOD SAN SITI S KORPOREYSHAN EOOD NIKOLOV BILDING 2015 EOOD 25 SeeNews Industry Report

RUDISTROY EOOD BLIZNAK 2017 EOOD ATILA SV EOOD ZS-ELIT EOOD PRO ENERDZHI GRUP DZZD HIPOKRAT 2016 DAMA HOUSE OOD TIONA EOOD IK REAL EOOD RESPECT BUILD EOOD EKOPROZHI EOOD ZHSK EOOD BULKON 2018 EOOD PANTEMA 1' EOOD HASKOVO DIVELAPMANTS EOOD COLOSEUM 72LTD EOOD VIDA BON IV OOD DINSTROY 16 EOOD ABV BILD EOOD ALBENA 2016 DZZD ELIT BILD AVALON EOOD BETA-INSH OOD HELBILD EOOD LAURINIUS EOOD MARVEL TRAVAL OOD NAID STROY GRUP OOD OBEDINENIE EE 2016 BURGAS DZZD KROS KRIYK LEND EOOD MUREKS BUILD OOD TAKT EOOD STROY PRO EOOD ALMATEYA EOOD DZHI PROPARTIS OOD DM BUILDING EOOD SITY BILD - 2004 OOD APSKEYL ESTEYTS EOOD NOVA LAND EOOD SKAB EOOD ENERGOINVEST 2005 EOOD EUROPIPE GROUP EOOD SILMA 60 OOD T-STROY EOOD AVANGARD 04 EOOD BO & BONI EOOD DZZD GARANTPRO-90 EM END DZHI 17 OOD RADEVAN - 99 EOOD SM & PARTNERSAD AD DZZD KSV I PI END DI - PETAR DONCHEV-PEPI ET AMSTROY CO OOD MILENA 80 OOD SMART SITI BILD EOOD MITEV 2001 EOOD SAYTBILD EOOD ZESA EOOD MARTEN EOOD DZZD DANI - TORKRET STILBILD GRUP 2016 OOD ET ALBENA BOGDANOVA DLD INVEST AD BLUTERM BURGAS DZZD RUSELIN OOD HIDROSTROY - BG 63 EOOD DZHI EM ES AY OOD NEW PROPERTY DEVELOPMENT EOOD BALKAN ENGINEERING GROUP - 2011 EOOD BOSS TRANS INTERNESHANAL OOD EM KVADRAT OOD BUL TREYD INZHENERING DZZD DENIS DOUSH EOOD KOEV SD OOD EL VI EN KONSTRAKSHAN EOOD MSD 98 OOD BILD STROY INZHENERING 2000 EOOD OMAR EOOD DESTE 13 EOOD ARTMETAL 99 EOOD SIGMA ESPI DZZD SK RUSSE - 2015 EOOD PAS 66 EOOD GEO STROY GV EOOD ELENA YORDANOVA EOOD M ES BILD EOOD ELEONORA EOOD KLIMA TECHNOLOGY EOOD VERISLAVA 88 EOOD SHOPOVA STROYARH EOOD GRIYNLAYF-VIZHAN EOOD MOLIOR EOOD DZZD FAKT INVESTMANT ET VOLF - DAN - VALCHO SHTEREV RAYNOV EOOD EVROENERGIYNOST EOOD PUUL PROPARTI EOOD DOMINO INVEST EOOD EHAST INTERNATIONAL EOOD STROMET-2004 OOD DOM STANDART OOD STROYKOMERS 47 OOD EDIL SIG EOOD B T V R EOOD VENDES - INGENERING EOOD ROAD CAMP EOOD KARATSTROI EOOD BA INZHENERING OOD REFA EOOD BENIN EOOD SS KANSTRAKSHAN EOOD KONSTRAKSHAN EOOD TECHNOCOM OOD KOMPAKT OOD STROYKOMPLEKT - BG EOOD SIVAS EOOD ASTA 110 EOOD STROITEL SV OOD HRES-17 EOOD KRAS STROY KRASIAN ANGELOV ET KVALIFIKATSIYA-KONSULT OOD BGM-INVESTMENT EOOD DARAL EOOD DRUZHESTVO PO ZZD SIANA TES DZZD TRANSSTROY-SILISTRA OOD KIARA EOOD SABEL EOOD DZZD NESEBAR PROEKT EKO EFEKT DZZD ZORAINVEST-M EOOD EKSA AD ORELYAK 2012 EOOD TOBO-REZIDANS EOOD LOTUS INVEST BG EOOD EKO KONSULT PROEKT EOOD YOVCHO STOYANOV 70 EOOD RENT AGRO MASHIN EOOD UAYT BILD 2016 EOOD AYSTROY 2005 EOOD MOSKOMSTROY OOD K-TERM EOOD TED HAUS EOOD LYUTES OOD TERODA EOOD CONTRACT CITY OOD ARCHITECT NIKOLOV 2000 EOOD D AND D 2010 SC. AD V & G OIL EOOD IVEL-A OOD KIS INVEST 1 OOD ZD KONSTRAKSIONS OOD KOVEL - PRO EOOD BG ART STROY EOOD STAK BILD OOD ELERIUM GRUP EOOD ASBUILDEN EOOD VENTSISLAV PAVLOV 63 EOOD BLEK SIY INVEST BULGARIA EOOD LINK INVEST 2014 EOOD BONER BILD EOOD NADEZHDA-HUBAV NOV DOM OOD PARATSELYS EOOD MONT BILDING GRAND EOOD PLAMEX INVEST OOD INTERN TRADE EOOD AVRAMOVI I SIN OOD D G K OOD ERDE EOOD KD STROY KOMERS OOD ASPERIA OOD KONSORTSIUM SEL PRO INZHENERING DZZD PRESKO STROY EOOD POLARIS INVEST EOOD KINIRA EOOD PROBILD - 2016 EOOD RADIEF OOD MID INJENERING EOOD STAROSEL INVEST GRUP OOD DZZD OBEDINENIE TELEKOMPLEKT - TILEV DM BUILD GROUP OOD KA EOOD MBL PROPARTI EOOD ARHITEKTI TIVI BEARINGS GRUP OOD KIM BUILD EOOD PDP ENGENEERING EOOD JEJUTIN KONSTRUKCIJA EOOD HARMONY GROUP EOOD MADARA INCHAAT EOOD EMDI BILD OOD SAEV 91 OOD AGROZEMSTROY EOOD EN PI EN KANSTRAKSHAN EOOD NILO BULGARIA EOOD ANDARTA BG EOOD UNIKPRIME EOOD VALENTIN PETROV 2004 OOD BIK 04 EOOD CORRECTSTROY 08 EOOD BULGAR GRAND 90 EOOD DOBREV I SIN 91 OOD STRUMA INVESTMANT OOD COLOS-IV- OOD PERISTERA 77 OOD KORPORATSIYA ZA INVESTITSII I TERA STROY EOOD IKOS DOMI 69 EOOD STROITELSTVO-92 OOD ATLANTIKA 111 OOD SMART SITI INVEST OOD INDITEX INTERNATIONAL EOOD LANTORIYA EOOD FORTRES INZHENERING EOOD SITI STROY OOD DIMITROV M57 EOOD TERRA INVEST OOD KOTA-2001 OOD HAY UEY ENERDZHI OOD DIADA ENGINEERING OOD INVESTSTROY 57 EOOD STROY MONTAZH 1 EOOD HAY STROY OOD AQUA BILD SYSTEMS EOOD BREVAS INVEST OOD ZLATNI PYASATSI DEVELOPMANT OOD EKOINZHENERING VENEY EOOD BIK STROI EOOD UNI INZHENERING OOD EFIR OOD ET FONTAN-90 - GERGINA SAVOVA ALEX - M INVESTMENT EOOD DZZD SUPERMAKT DANIMI EOOD FUTURE DEVELOPMENTS EOOD EVRUM EOOD VIKO EOOD VEGAL S OOD BUILDING EXPRESS 82 EOOD BAGRAPRO OOD ALEK STROI AN EOOD DK KONSULT DZZD EIS BURGAS 2016 VEGASTROY ART INZHENERING OOD NOLLINA-N.G. EOOD DZZD TRAKIYSKI STROEZHI MN KAR OOD BALI - M OOD ALBENA 2000 CONSTRUCTION AND ANRAD OOD VALEKS 3 EOOD ENGINEERING EOOD BUILD ENGINEERING BV EOOD ASTEYA OOD SOFIA VIZION LUXOOD OOD BOKAL AV OOD MTS-BILDING OOD INTER HOUSE BULGARIA EOOD TERES INVEST AD DINOVA KAMPANI OOD DI INVEST OOD AGENDA 18 EOOD ARIVA GMBH OOD LYUMAGS EOOD FLAGMAN - SV OOD 26 SeeNews Industry Report

IVON BILDING 95 EOOD TAYP INVEST 2 EOOD TOROS TREYD EOOD MAX B EOOD BOROVO HAUS LEND MARK EOOD FIXBILDING - M EOOD DORUK-1 OOD ODEON DZZD DZZD INTERHOLD - PARSEK YULM OOD TODEM OOD OK-STROY EOOD INVEST-ALB EOOD KOMET - TRANS EOOD PETEKS 96 EOOD ALEKSANDROV - A EOOD KALISTO - MATI EOOD BILALOV I SIN OOD MLADOST PROJECT EOOD BILO EOOD MARINOV PETKOV INVEST OOD VELEKA STROY EOOD SEA DREAM VILLA EOOD VIZAR OOD GOLDI HRISTO ZLATKOV ET SIDRA M EOOD MGT 2016 EOOD MONTEVIDEO APARTMENTS 2 EOOD SLAVI-STROY EOOD PRIORITY BUILDINGS EOOD BG-PROPERTIS OOD K3BULGARIA EOOD YUS2 OOD RADOST BILD EOOD BDK INVEST OOD S G INVEST - 1 EAD VOT OOD SIS STROITELSTVO EOOD UNISTROY HOLDING AD STEYT BILDING EOOD G R SKI EOOD BIZNES FASILITI SARVISIZ EOOD ARSOSTROY EOOD KPV-NYU KORP 2001 EOOD DJI - EM- TI OOD RADINA SS EOOD TRIMAT-SOFIA EOOD INTERTAIM - PLOVDIV EOOD KAMIS 2002 OOD SEVERIN ALEKOV SERBEZOV KMV BILDING OOD SI STROY OOD IG BUILD OOD FRIGOPAN OOD EDREKO - 25 EOOD SUPERVISION CORRECT EOOD FRAME SOLUTIONS OOD BOKSER EOOD GAMA STROI GROUP EOOD RUBICON OOD STROITELNA KOMPANIA 13 EOOD VIP 1991 OOD MARITSA BILD OOD HIT H EOOD VAL MAKS 2015 DZZD ZLATAROV KAPITAL OOD EKSEL PROPARTI DIVELOPMANT OOD MS CONSULT 2015 EOOD ZID-CO ENGENERING OOD KARTEL EOOD MEDICAL COMPLEX OOD A AND M OOD GEORGI KARIMOV ET HIL TOP BG OOD HOME PROPERTIES EOOD BILD ENGINEERING V V R OOD MODSTROY EOOD ROTELI EOOD BRAVO STROY EOOD HAYA SITI DZZD SAM 55 OOD EKSPRES EOOD ZLATNA KASHTA OOD BLD 44 EOOD SIBIB OOD FENSTROI EOOD BALKAN G OOD LIZIMA OOD SAD 2004 EOOD TEOBILDING EOOD OLD-BROKERS OOD STROY KOMERS EOOD TREYD T 80 EOOD STROYBILD GRUP EOOD DECORAL LINE EOOD AZIMUT SPORT OOD KOSMATITSA 2015 EOOD AKVASTROY EOOD ROSE VALLEY - INVESTMENT EOOD BULSTROY LABOR EOOD MEDINAMAKE EOOD DZZD TERMO STROY EK DRIYM KONSULTING OOD R AND S STROJ EOOD SIMONIK PROJECT OOD THRACIA PROPERTIES DEVELOPMENTS EOOD BILDING ESTEYTS 2018 EOOD BLU 7 OOD KULIKOFFA EOOD EVROSTROY ZS OOD FIKSET HOUMS OOD KARI INVEST EOOD STROYPROEKT-INVEST EOOD NONA 21 EOOD MAGRO TURS OOD RIMEX GV EOOD NIKMAR-SOFIA EOOD ARKETIPO BULGARIA EOOD MONSTROY - 2012 EOOD SANNIKOM EOOD VEKRA - STIL EOOD SAYPRIS GBS AD DEVNYA TRADE EOOD MACROS ENGINEERING EOOD NOVI INVESTITSIONNI RESHENIYA EOOD HOF VARNA EOOD ROKA INVEST OOD OBERON KONZEPTBAU EOOD SMART BUILD DIGITAL EOOD GRANDIS 99 OOD ELIT STROY INZHENERING OOD OBEDINENIE PROFSTROY DZZD CITY HOME PARK EOOD NEM COMMERCE EOOD PI ES INVEST EOOD VAKLIN GRUP - KAMBANITE EOOD BUDEV EOOD DANI-8007 EOOD KARA 1993-LTD EOOD BIEMDZHI ISTEYT OOD BISTRITSA-DK EOOD NKN STROY EOOD ECOEFFECT-2008 OOD SLE GRUP EOOD VA I MI OOD M STROI 0110 EOOD ROTO ENGINEERING EOOD PRIMACONS OOD MAKS STROY 2010 EOOD MAX GROUP RV OOD ORMAKS EOOD VODOLEY 92 VANIMIR MARTINKOV ET APOLO ESTEYTS OOD VARNA STROY DZZD BMC INVEST EOOD OLTEH OOD ARSHINKOV I DEMIROV - INVESTSTROY OOD AMD 2017 EOOD STROI-COMPLEX 2009 EOOD BILDING STROY 45 OOD GEORGI IVA STROY EOOD SPV 01 EOOD ZHSK ZHELAN DOM HUS INVEST SOFIA EOOD SITI BILD 12 EOOD STROY STIL 07 OOD IKOS EOOD LEMINA KONSULT EOOD PROEKTSTROY DIZAYN OOD ASTA 101 EOOD FLORIN EOOD BULSTREYT HOUM OOD ZSK MONTAJI OOD BKS EOOD KACHOV STROY 2016LTD EOOD KRISTA - 07 EOOD GE2 I VI OOD PROGRESS GROUP OOD GRAFENE GRUP EOOD PARKHIL EOOD PIMARO RIZORTS EOOD VIZUAL EOOD BMP BUILD OOD UNI INVEST MANAGEMENT EOOD OVAL 2010 EOOD MIRES EOOD EVRO INN OOD YURICOM - GV EOOD ART STROY OOD ATLANT BUILDING EOOD DIULGER OOD EFEKTIVNI ENERGIINI SISTEMI EOOD INFRASTROY GRUP EOOD OSNOVI OOD MODERA REZIDANS EOOD ROAD AND WATER ENGINEERING AD DAN RIAL ESTEYT EOOD STROYINVEST 2007 EOOD NADI 86 OOD KOMIT OOD MAGABIT EOOD ALEMA SOLAR OOD ZEUS BUILDING INVEST OOD METROSSTROY EOOD INVESTSTROY GEORGIEVI EOOD EPO OOD VENT SISTEM OOD GAYTANOV & PENKOV INVESTMENT EOOD BRITA-BURG EOOD T G STROY EOOD MD STROI BG EOOD PIAFE EOOD TOMOV TRADE EOOD BS KONSTRUCTIA AD MIYA 17 EOOD S I S M - STROY EOOD ENERZHI OOD PLATINA STROY OOD STROITEL S EOOD RUAN 3 EOOD EL DZHI AY EOOD MD PROGRESS EOOD TORTUGA HAUS EOOD GINKA STOYANOVA EOOD VARNA STROI INVEST EOOD BUILDING SV EOOD KONDOR-KOREKT OOD MIPET OOD KOSENA-BG EOOD DAGMPV OOD STROYSTIL EOOD HAN 2004 EOOD KREON 007 EOOD TSEROVSKI VG 2007 OOD DREAM RESIDENCE EOOD TINTYAVA ENO OOD D I D STROY VARNA EOOD TI PARK PLOVDIV EAD IZOLA PETROV IASTRABETC EOOD EVRO PAT KONSULT EOOD VEGAKOM EOOD BAROKAR STROY EOOD KATANY ENGINEERING OOD NIKSON MONT EOOD ASTERI INVEST OOD MIG 1991 ET KABAKOV SK EOOD EL EN BILDING EOOD STAMATOV I SIN EOOD DRESSCODE BG EOOD EVROSTROI 2005 EOOD VESO EOOD CITY STROY STA OOD STROYMONTAZH GK OOD ISU INVEST EAD ARKOS OOD CONSTRUCTIONS 2018 EOOD SKYSTROY BULGARIA OOD ROMEL - VRATZA EOOD NOVIYAT DOM - MANASTIRSKI LIVADI OOD AGROSTROY EOOD 27 SeeNews Industry Report

EIPRIL STROY EOOD PN CONSTRUCT EOOD PIP8 OOD LEO G 2009 EOOD EID STROY EOOD OBEDINENIE KASEL DZZD DZHI END EY STROY OOD VAK EOOD VIP PROPARTI OOD CHERRY LES EOOD TEKBAU KLON BULGARIA KCHT INGBILD EOOD BILDER EOOD VILSOR STROY EOOD VILIKOM - 2012 OOD KUOLITI BULGARIA OOD RIVA GRUP 63 OOD DANIMEKS EOOD RUSSTROYINVEST OOD EVTIN DOM EOOD VECHNA - R EOOD SAD TREYD EOOD EKSPERTSTROI KONTROL OOD SIRIUS OK OOD VIALEKS 7 EOOD TA. HA. GRUP OOD KONTINENTAL 73 OOD TOBO - APARTMANTS EOOD COLOR SYSTEMS EOOD BETON OOD PLEY SROI EOOD TAKI 81 OOD DARSTY OOD PROKON EUROPE EOOD DELAR - A16 OOD DOM I POLOVINA EOOD AR STROI KONSTRUKT OOD SEVI 07 EOOD VAREKS-KONSULT EOOD IVAN ALEKSANDROV ET FELING OOD VIOLETKA MALCHEVA ET IV GRUP EOOD TASLADZHA-015 OOD STAT OOD EURO PROPERTIES OOD FRAKSINUS INVESTMANT EOOD CHIEVO EOOD VIP INVESTMANTS OOD BO STROY 77 OOD BUERO KOKALOV GMBH EOOD BULMIKS-97 OOD RUVAS EOOD ART ELIT EOOD NOV STANDART 2012 EOOD EVROSTROY- EOOD STELA RID OOD MKM BULGARIA EOOD EKSPRESSTROY OOD RUMIX STROI 1 EOOD S V STROI INVEST EOOD ISS ENGINEERING OOD LINERA EOOD EASYROOF EOOD ET KOSTADIN VANKOV RADEV EOOD NIK GROUP 2013 EOOD DIMKO 62 EOOD SOLID NEO EOOD DAM - BILDINGS BU EOOD VERI -SMI EOOD KNYAZOV IA OOD MEGAVOD DZZD MARINOV CONSTRUCTION EOOD MIG MARKET OOD AGROGRUP 2017 OOD ARV-BG EOOD PARGO EOOD EDIL 2010 OOD MOL AD ARH BILD EOOD PARSEC GROUP EOOD ILIT EOOD AL MI INZHENERING EOOD RUM TREYD EOOD VARNA BILD EOOD EDELVAYS - 8 OOD ASTRA - S EOOD SAGRADA OOD ENERGON BULGARIA EOOD AZIYATRANS OOD NIKON EOOD STROY-SPED PROPARTI EOOD MAX DESIGN GROUP OOD VELEKS 99 OOD TA I KO OOD GLOBALSTROY 69 EOOD KESH - STROY EOOD DZZD AVS - CHERTOG ET STROYKO - ATANAS ALEKSANDROV DAG 97 EOOD RELMAX OOD RAM - VV EOOD KIREZIEV GROUP EOOD SAMO STROY EOOD YUROBILDING-DELTA EOOD ERKAN BG CONSTRUSTION & ENGINEERING BUILDING COMFORT EOOD EOOD MEDS GROUP EOOD PROTER ENGENEERING OOD TOP STROY GRUP OOD BURGINVEST BG OOD ADER EOOD ASENTIV MENIDZHMANT EOOD MIDAS 72 EOOD EM ES BILD OOD IMEON INVESTMENT OOD SANI STROY 2010 EOOD IMPULS MD OOD ET IVAL INZHENERING - VALENTIN IVANOV AHUNA-A EOOD MILADINOV 2011 OOD ARS BILD OOD PLANEX ENGINEERING OOD ADES STROY OOD BUILDING PARTNERS OOD ELEVIT BULGARIA EOOD ERDESA EOOD NORDSITI OOD RIMSKATA STENA OOD SALAR BG EOOD STANEVIGRUP OOD SMK-ENGINEERING OOD SIYSHOR INVESTMANTS EOOD FILTO S OOD SMK - MONTAGI AD M PROPARTI 2014 OOD SOLID BASE OOD TUNYOSTROY EOOD SILUR 2000 EOOD FENIKS STROY OOD SK SPEKTAR ENGENEERING DMS EOOD BALKAN M GRUP OOD DIDZHI BILDING HAUS EOOD INFINITE ENERGY OOD VIKTOR 99 EOOD MIRAH INVEST EOOD SVM 2017 OOD MIKO MITKO KALEV ET SILPET STROY EOOD METAL SOLUTIONS TEAM OOD PERON EOOD KYUSTENDILSKI STROITEL 97 AD OUTART OOD VANI - 99 EOOD PROGRESS AR DZHI EOOD MOYAT NOV DOM EOOD TERRA 121 EOOD EVROPAVIMENTI GROUP EOOD RM OOD FOR GRUP BG OOD STEVEN GROUP EOOD METAL MAKER EOOD EMPOL EOOD EKOEFEKT EOOD TEHNOARH INVEST OOD YANKULOVSKI CONSTRUCTION EOOD SIMSTROY 2000 EOOD HOME INVESTGRUP OOD SIMI EOOD KOSTUROV INVEST EOOD CONSULT BG 2010 EOOD REGCONSTRUKTION OOD KARI A21 EOOD MIRAL M EOOD EM I EM 2008 EOOD EVROBILDING GRUP OOD GOGO EOOD BG ACTIVI OOD GYUNI STROY EOOD IZTOCHNOEVROPEISKI STROITELEN HOLDING MAV GROUP BUILD EOOD LYULIN L OOD EOOD RODEKS INVEST EOOD RAIZ EOOD FORINVESTMANT 2 OOD PETRO - EL OOD PROEKTSTROY ARK DZZD DARISTROY 2012 EOOD MAGNOLIA RESIDENCE OOD RUDISTROY 3 OOD TARGETGROUP EOOD ULPIYA INVEST OOD N G M COMPANY OOD EMIL NIKOLOV-64 EOOD ZAZALAR INSAAT EOOD TRAKIA INVEST OOD DOMINVEST STROY EOOD ATILA ASET MENIDZHMANT EOOD GEOSRTOI POPOVO OOD ANTIM PROPARTIS EOOD VENID EN OOD BILDING-INGENERING OOD VARNA STROY 2011 EOOD RIKANTO EOOD GREYDI TREYD EOOD KOMFORT INVEST BILD OOD REDISIS EOOD ARCHI OOD STROYSISTEM K EOOD TOP LES BUILD EOOD PROMISHLENO I GRAZDANSKO STROITELSTVO SMAG EOOD LG-STROY EOOD OOD ERRAN EOOD STRUKTURNI SISTEMI EOOD LAKE HOUSE EOOD TOLINI VARNA DIZAYN EOOD DOBI GARANT STROY EOOD IVO STROY KONSULT EOOD KLESOV EOOD GK CONSTRUCTION BULGARIA EAD GABY BAU EOOD RADMI 90 OOD STROITELSTVO I SANIRANE INZHENERING RENO CONSTRUCT EOOD ELIT MH EOOD KONSULT EOOD MINKO JONKOV 09 OOD BUILDING COMMERCE 99 EAD METASTROY EOOD MM74 STROY EOOD VIMAKT EOOD INDUSTRIALEN PARK SHUMEN AD TRADENA EOOD BOKAT BONEVI EOOD MCM -PROEKTSTROY OOD ELDINA OOD BAUGRUP EOOD BASK AD JIMTEH INVEST EOOD MEDZHIG STROY OOD CASTELLO PRECAST OOD ENIKEM EOOD KOSTADINOV 06 1 EOOD STIYL EOOD MISTEONA - MITKO SPASOV ET VTA-BG EOOD GIK BILDING EOOD BH 2016 OOD BULGARSTROY OOD SKBI AD ANIAK BILD EOOD MAUSS EOOD FAM BILDING OOD OPTIMUM M EOOD PRIS OOD GERMATECH EOOD INFOMET OOD ET DIMITAR KOMANCHEV - KOMEKS 28 SeeNews Industry Report

DOM INVEST - M EOOD BUILDING DEVELOPMENT HOLDING EOOD DJI-59 EOOD DELIZIA EOOD AGROSTROI TRADE GROUP 2000 EOOD MEDZHIG STROY 1 EOOD GEKOS LIMITED EOOD EKO ENERDZHI - SLIVEN EOOD VISION ESTATES EOOD DIMITAR KOLEV DIMITROV EOOD SOFIYA PROPARTI INVESTMANT OOD BRIGADA 2018 EOOD BURZHUI-NBG EOOD BULGRAND EOOD TEDENGINEERING OOD LASHVA EOOD MELISA-88 EOOD SOLEI BILD EOOD DIMKO 6 EOOD KONSORTSIUM STROY GRUP TOBO LYULIN-ZAPAD EOOD ANA MASURSKA ET MOGILATA KN EOOD STROITEK 97 EOOD SVETI NIKOLA OOD VARUM EOOD TECHNOLINK EOOD KRASBIVAL OOD PLAMEKS 73 EOOD SINANETS EOOD STROYREZIDENS OOD BALGERIAN FYUCHAR HOUM SERVIZ OOD FB GRUP EOOD PN DOBRICH DZZD FOKS INVESTMANT-18 OOD BALKAN STROY BG EOOD A P P INGENERING EOOD METATRON MT OOD SPARTAK INVESTMENTS EOOD KEDR - EOOD UAYT BILD 3000 EOOD STROITELNA KOMPANIYA START OOD ULTIMA INZHENERING EOOD NIBOSTROY EOOD PI REKARDS OOD ROSBULKAR 77 EOOD WELLER INVEST EOOD BILDING INZHENERING-DR OOD LETO EOOD INZH VLADIMIR TERZIYSKI ET VIP HAUS OOD PENTAGRAM GRUP OOD SD SIMEONOVI I SIE IF DINA STROI OOD MIG ENGINEERING EOOD B & C MONTAGE. OOD BURGSTROY OOD KIS INVEST 5 OOD ETERA GROUP EOOD EFEKT BILD EOOD VTN BILDING EOOD AKVA PIK OOD ART STROI INGENERING OOD 1 ST BALGERIAN RIAL ISTEYT EOOD YUNIVARSAL ZAPAD 1 EOOD ARTPLAST IZGREV BL 86 DZZD SK INVEST GROUP OOD ENERGOSTROYMONTAZH INZHENERING AD TRIGRUP - KONSTRUKSHANS OOD IR KOMUNIKEYSHANS EOOD IRON 2018 EOOD VIZHAN PLANING DEVELOPMENT INVESTMANT EOOD NM BUILDING EOOD DUDO STROY EOOD RONIN 31 OOD PAUMELA EOOD CONSTRUCTOR - TT EOOD KRIAL 1 EOOD BG INVEST 76 EOOD DIMITROV INZHENERING EOOD ROSTISLAV EOOD SDRUZHENIE SVETI DUH MONTANA DZZD EVROSTROI - V KARAGOZOV EOOD ET VIPA - PETYA ATANASOVA BSAM-TAUN EOOD BILD MENIDZHMANT EOOD RUEL - M EOOD PANTEMA EOOD KURORTNO STROITELSTVO ZAPAD OOD KOMFORT REZIDENS - OVCHA KUPEL EOOD KOSTOV G2 OOD MISTRAL 7 OOD AKADEMIA 2017 DZZD KRAM STROY EOOD AL VE DI EOOD DRUZHESTVO PO ZZD POLISSTROY ARKONT A DACHEV 2015 EOOD DZZD 2014 CHETIRITE SLONA EOOD DZZD TERM BILD EOOD SPV EOOD KRISTINA 92 EOOD RIVARSAYD REZIDENSHAL PARK EAD LIVTAS EOOD VIVA TREND OOD EMDI INVEST OOD BILD CORPORATION 78 EOOD VAMEKS EOOD IMPULS PROPARTI GRUP OOD INFORMATSIONNO OBSLUZHVANE NA EMENEKS EOOD TRANSPORTA EOOD OBEDINENIE KSM SM ZA ZHILISHTNI SGRADI V MEGAPLAN PROEKT EOOD IVAN I MARIYA EOOD BURGAS DZZD COMERSIV EOOD ARCUS M OOD PROFIL 99 EOOD DONCHEV COMMERCE 96 EOOD GREYS BILDINGS EOOD AMAYA REZIDENS EAD T I R I Z I S EOOD IMPERIA TSU EOOD MIRASTROY - N EOOD ETNO OOD INVEST ORANGE EOOD MARVIC BUILD OOD DZHI KEY 21 EOOD MAKSI STROY BS EOOD ICEBERG GROUP EOOD MARS STROY EOOD BUILDING INVEST RM OOD ENERDZHI STROY 88 EOOD BG DOM INVEST EOOD CST OOD DEVERO STROY EOOD LLK STROY INVEST EOOD LORI 66 EOOD STROYINVEST SLIVEN DZZD STROY SEYF OOD A I D STROY GRUP EOOD GALATERA EOOD BULGARIA RENT PROPERTY EOOD BELMONTO EOOD GRIYN GOR EOOD ES ES BILD EOOD LEKS GRUP BULGARIA OOD AHIBOZ INZHENERING EOOD ATRIA INGENERING OOD CREA DESIGN PARNERS EOOD BLD SOFI EOOD AY BILD - 01 EOOD ZORA 2004 EOOD STANDART BILDING GRUP EOOD PS INVESTMENT OOD GRADIV OOD BUILDING GROUP OOD MIKS CONSTRUCTION OOD BILD VT EOOD LAND DEVELOPMENT CORPOATION EOOD STROY CORRECT 2018 EOOD KUTYANOV BILDING DAYREKSHAN EOOD MITKOV 2011 EOOD BULSTROY GROUP EOOD BURGAS SPORT 2016 TOBO-TRIADITSA EOOD SLATINA RIAL EOOD VALNEK OOD ORIONINVEST 2017 EOOD ALFA 63 EOOD KA BAU OOD MK STROYKONSULT EOOD VENDO 2016 EOOD ANZHSTROY EOOD REZERVIMPEKS EOOD INZHENERING STRANDZHA STINEKS NIKOLA NIKOLOV DIAN NIKOLOV ET DZHIMIG BILD OOD DUNI - HARI EOOD BLD MLADOST AD BEAR 505 EOOD VACHKOV AND PARTNERS EOOD INDUSTRIAL TERMO CONSTRUCTION EOOD VIVI 2016 EOOD GENOVSTROY IAA OOD KOLEV STROY VARNA EOOD VISMAR EOOD VI-ES BILD GRUP EOOD STROY SMART 1 EOOD BULGERIAN HOUMS EOOD GBS - PLEVEN AD BUTIK- AB EOOD SDRUZHENIE DG PROLET 2017 DZZD BIZNES CENTAR BAKSTON OOD SELACTBUILD EOOD NID-2014 EOOD MISTAR MYUZIK EOOD DSL - 07 EOOD PRO SPRAY EOOD READOR EOOD ION INTERNATIONAL EOOD VITOSHA VIEW PROJECT OOD BG - STROI OOD TEVA MONTAZH EOOD KAM CONSTRUCTION EOOD ELTE INZHENERING DZZD GRADI EOOD DYAKOV CONSTRUCTION EOOD ARKSI PERFEKT SLTD EOOD BIGLA-3 OOD PERFETOSTROY EOOD ELEMENTARI OOD R D STROI EOOD TOP KONSULTANTI EOOD RAPESI EOOD KASTELLO INTERNESHANAL EOOD PROSPERITI BILD OOD ALEKSANDRID OOD AGRO PROEKT INVEST EOOD BOR-97 EOOD ABRITUS EOOD VEJEN 2011 EOOD OMEGA PLYUS 18 EOOD HBZP AD INZHENERING MLADOST 104 DZZD BILDING GRUP OOD K BILDING EOOD EVROATOMPROEKT DZZD VI STROY OOD DZHEY ALEVI EOOD STOYANOV DIVELOPMANTS EOOD BAS 98 EOOD MOOD CONSTRUCTION OOD KENT EKSPORT IMPORT EOOD LAYF INVEST OOD USTOYCHIVO STROITELSTVO EOOD -0510 EOOD INTER PARK HOUSE EOOD YUVEL 99 BILDING OOD ENVIRO CLEAN EOOD ALFA CORRECT - 95 EOOD GEB PRODZHEKTS EOOD PIMK BILD EOOD EMSI G EOOD PILOS EOOD NAYS BILDING EOOD KAMAS BUILD EOOD DOKTORSKA GRADINA EOOD BIZNESKONSULT-2000 OOD VS KOMPANI OOD TOHUN 811 EOOD M-BOS BULGARIA EOOD HOME-EXPORT EOOD RIVA INVEST OOD RATOLA ENGINEERING OOD KARA ENGINEERING OOD INTERPLAN 11 OOD ANTAS-A EOOD VIEW INVEST EOOD YANKOV- 79 EOOD TECHNOEXPORTSTROY EAD 29 SeeNews Industry Report

PRO ENGINEERING 2018 EOOD VARNA CITY PARK BILD EOOD ORHIDEYA GRUP EOOD STREZOVI EOOD GEOPLANSTROY EOOD STROITELNA KOMPANIA SIGMA EOOD LYULIN GARDAN EOOD ET PLAMENKA-MIHAIL YANKOV RUM 2006 EOOD FOROS EKO EOOD RV INGENERING EOOD ISMAR - 05 EOOD ULTRASTROY EOOD DENISTROI EOOD GEODIM INVEST EOOD PERFECTSTROY-7 EOOD TOPLEND STROYINVESTLTD OOD BULTERA EOOD BALKAN 13 EOOD PRIS OOD MONOLITNO STROITELSTVO 555 EOOD ASTRAL INZHENERING OOD YALAMOVI OOD VILA SELENA OOD ORENDA-SV EOOD MALINA PROPARTIS OOD TONZOS AD KA LOM DZZD INVESTMENT PLUS EOOD BUILDTRADE MASARLIEV EOOD METEORA - M OOD ANTONY 7777 EOOD MASTER VD OOD EVER BUILD ANASTASOVI OOD ENERGOSTROYMONTAZH PS B EAD PETROV STROY 73 EOOD STROY GROUP OOD DATSI-DANAIL GEORGIEV EOOD GRUB STROEZH EOOD TERMIKS - ING AD KILIAN STROY EOOD BI VI ES STROY EOOD BALKANIKA OOD GSG STROY EOOD MASON INGENERING OOD START 17 OOD KIRIL TROHAROV 68 EOOD PI EM STROY EOOD TABAKOV ENGINEERING EOOD PARADAYZ 2017 OOD N R E G GROUP OOD DZZD INTELIDZHANT GRUP 117 TRANS STROY DZZD ALFA BUILD ENGINEERING EOOD ARENA RUSE INVEST OOD DZZD ODESOS-INTERHOLD-PARSEK GRIYNLAYF DRUZHBA EOOD YSEN - PEPI OOD KRASIMIR PAVLOV 2006 EOOD ZARINA SLTD EOOD APOLONIA LIVE OOD FSP CONSTRUCTION SARL EOOD SANIRANE GABROVO DZZD MILE ENGINEERING EOOD BG IST EOOD SREBARNA 2 OOD TEKNA MILLENIUM OOD BILD KONSULT 2000 EOOD OPALCHENSKA HAYTS EOOD M END M 2016 DZZD STROYMETAL EOOD FAMA INVEST OOD EUROLUX 2016 EOOD BELSTROY EAD BUL KONSTRAKSHAN EOOD MILENIUM BILD 2002 EOOD K G OOD EKSTRA BILD EOOD PRIME CONSTRUCTION EOOD GEOPRO 2009 EOOD SAM - 07 EOOD ZIGI FORM OOD SD BETONEKS - NECHKOV I SI - E BILDKOM BG EOOD ZERUS EOOD CHERNOMORIE - A.D. EOOD ZHELEZNI KONSTRUKTSII EOOD ERGO DIZAYN EOOD DIANA 7 OOD AGENOR GRUP EOOD TOSH I KO EOOD MEGA BG - VARNA OOD RATEL EOOD INSTAMIS OOD GIG-STROY OOD STOYO STROY EOOD YO-KOMERS INVEST EOOD LUXURY CAR RENTAL EOOD BAUFORM INZHENERING EOOD RUNIK OOD BULSTROI EXPERT EOOD RE KONSULT OOD NYU META ENTARTEYNMANT OOD MGA INVEST EOOD INJENERCONSULT OOD ATRIM EOOD EXACT ENGINEERING EOOD GOLDI ZLATKOV EOOD TBM AKUSTIK EOOD VDI HOLIDEYZ OOD DZZD KONSORTSIUM BKS NESEBAR GREENLIFE - RESIDENTIAL EOOD LYUKO K OOD MONOLIT STROY OOD KRISTABEL INZHENERING EOOD KARIZMA-UTIS 1 OOD SAMO BILDING PRODZHEKT DZZD SURVEY SOLUTIONS EOOD KRIT EOOD MEK BULGARIA D EOOD DZHI END O PROPARTIIS - BG OOD HELIOS IC EOOD IMEA GROUP OOD VIP PROPARTI - M OOD KVADRA FORMA EOOD LV - PROPARTIS OOD SMARTINVEST SOFIYA OOD ZONA KZ 1 OOD MONOLIT AD VALENTON EOOD DIN STROYGRUP EOOD KEM INVEST EOOD LIKSUR EOOD HARON G EOOD VISTA HOUM BILDING OOD ATANASOV 70 EOOD BUILDING SERVICES EOOD ZITASTROY AD TM PARTNER OOD LIGAS GR OOD BG- STROI EOOD LOTUS ENGINEERING 2000 EOOD PROEKTSTROY PETAR PETROV ET RASI EOOD INVE STROY KP EOOD KARI INVESTMANT OOD GBS - PLOVDIV AD HIDRA STROY GRUP OOD DIABAZI GRUP OOD STOD OOD PGS - EOOD RUSEV INZHENERING OOD COMPANY SOFIA TIM OOD RUDISTROI 2 OOD ILIOS LUTEA OOD BRAYTEKS KIA OOD FOKUS STROY EOOD NESTSTROY TRADE EOOD EURO ART BILDING EOOD VADIG-2000 EOOD MONTEBELLO OOD MAKOR 2008 OOD ASTA 102 EOOD VELTZ EOOD DYULGEROV STANKOV OOD NIKO - 2001 EOOD UNIHORN EOOD RADI INN EOOD VAZHOD ARNYO APOSTOLOV I LAZAROV SD ATANI PLUS OOD EOS SELENA EOOD MS VITOSHA DOM EOOD BANSKO - TERME OOD STROIRAION EOOD SOFIA NEW PROPERTY4 EOOD KONSORTSIUM NIMARSTROY DZZD GP - INVEST EOOD VAS PRO ENGINEERING OOD ARCH DESIGN STROY EOOD EKRO EOOD DZZD NPEEMZHS TRAKIYA TREMEKS RP EOOD DZZD AKVA INZHENERING LIMA - MONTANA EOOD EE SANDANSKI 2017 DZZD VTB PROPARTIS EOOD KATOV EOOD ELTEH - LEFTEROV EOOD BAGRASTROY EOOD ESKO SPORT DZZD SM BUILDING OOD STIL PASHEV I SIN OOD LA DZHINESTRA EOOD DTM-2010 EOOD BUILDING INVEST STROY EOOD OPTIMUS OOD ARIMEX 2010 EOOD FRONT SIDE EOOD CORRECT 3-1 EOOD LIDER MP EOOD BOYANA PROPARTIS OOD ITAIPU EOOD M KONSULT 96 EOOD ASI STROY 2016 EOOD IDEALSTROY 6 EOOD DRUZHESTVO PO ZZD ELHOVO 13 DZZD STROIINGENERING BG OOD ALEMON EOOD BORD 7 OOD MODUL ''97 EOOD KOSTOV GG OOD EVOCON EOOD KAMENAROV GROUP EOOD POLISSTROY EOOD ET SHOBI INZHINERING - BORISLAV STEFANOV YUVE BG EOOD SM 15 EOOD ALOHA 17 OOD BULCON - STROI OOD BG NISKO VISOKO EOOD H S S EOOD DZZD STROITELEN I MONTAZHEN KOMPLEKS HIDRO-ELEKTRO INZHENERING EOOD BIO TECHNOLOGICAL CONSULTING B T C OOD ANI-2001 - ITSKO YORDANOV ET KIM- 2002 EOOD UNISTROY BG OOD TERA METALI OOD PROSPEKT PLAN OOD OKTOPOD 72 EOOD KERAMOL EOOD STOSIN-BI-RUSE DZZD KRIS - 33 EOOD DIMANA BUILDING EOOD RADEV OOD PETAR YAKOV ET VILDOM INVEST OOD KRISTIYAN INVEST EOOD ALLAY PROPERTIES GRUP EOOD ERL KONSTRUKT EOOD PETKANIN EOOD VITOSHA VYU EOOD VSV INVEST EOOD EMENEX ENGINEERING OOD FENIKS STROI GRUP 42 EOOD ET MRAKO - VESELIN TOMOV POLIS PROPARTI EOOD SIMPRA EOOD GK BULGARIA EAD KRIDEA INVEST OOD TIENGRUP EOOD COMMERCE ENGINEERING EOOD NEW CONSTRUCTION IDEA EOOD MEYFLAUAR OOD METALPROM INVEST EOOD REMOMET INGENEERING EOOD BG END PARTNERS EOOD G D I S EOOD LOTUS INVEST EOOD YAPRAK 2007 EOOD ADI 21 EOOD 30 SeeNews Industry Report

AGRI STROY EOOD KM INVEST SOFIA EOOD BUL NYU BILD OOD VIVAL 38 EOOD HELPIS EOOD OLIMPIKO TRADE EOOD PITER INZHENERING EOOD AERO VESTA OOD STROIEKSPRES NN OOD NIKELY OM 2005 EOOD VANDI SOFIA OOD BETONNI KONSTRUKTSII EOOD ELMA G STANISLAV PEEV ET STONE FAMILY GROUP OOD LP INVESTMENT OOD D S - LINE 78 EOOD MAXBULD 77 EOOD SLAVIVA-SLAVCHO SLAVOV ET MEDSTROI OOD IBERA PROPARTIS OOD AKORD - 95 OOD BBK EVROSTROY ZS DZZD UNIVERSAL SLATINA INVEST EOOD KARINA - 5 OOD 2017 DZZD HYBRID TIM EOOD GLOBAL KONSULTING EOOD TECHNOPATSTROY EOOD PREMIER STROY OOD YUROTREYD PROPARTIS OOD M M K - PERNIK EOOD LIVI KANSTRAKSHAN OOD DAD STIL EOOD SOTIROV EOOD UOLNAT EOOD VIGO STAR - 2015 OOD EVROINVEST 05 EOOD BILD EOOD SI RAYZ EOOD SKYSCRAPER EOOD MEYTEH OOD DOBRUDZHA BILDING EOOD PREMIUM FACILITY OOD SD KEA - TILKOVA I S-IE SAN MARKO EOOD TANTIEMA PLOVDIV 2 EOOD SIM INVEST - VARNA EOOD ANGELINA STROV EOOD METALSTROY - 80 EOOD BI TI AY BILD STROY EOOD AL DI EOOD DARAMIS PAPAYA ML PRODZHEKT OOD AMRA EOOD SM FORM EOOD BV KONSULT OOD BARZOSTROY EOOD VARNENSKA STROITELNA KOMPANIA OOD ART PROEKT OOD SPORTNI IGRISHTA DZZD NN HOUMS OOD MINSTROY MAYNING AD BI EM PI INVEST EOOD IRIS 2004 EOOD HERKULES 2015 EOOD MEGA GIPS EOOD YOLI KONSULT EOOD DZZDBP VBG - INDUSTRIAL GROUP EOOD DZHESIKA INVEST STROY EOOD RICH 5 EOOD SOFYA - 2015 EOOD MK 2013 INVEST GROUP EOOD INDZHOV 19 EOOD BRIGADA NOV DOM OOD DZZD POLISSTROY-VALCHEV-ARHITEKT AVE STROY EOOD SIMEX EOOD MONTEVIDEO - SOFIYA OOD BEL-KO EOOD OBEDINENIE 2000 EL DZZD KRIS-BUILDING INVEST OOD BILDINGINVEST EOOD A KLAS INZHENERING EOOD HINCHOVSKI EOOD LAZ KOM NET - ETROPOLE EOOD EVH EOOD MS-STROIGRUP-STB EOOD ROYAL BILD 2016 EOOD MARIDIA 69 OOD TERMOKOMFORT BULGARIA EOOD Y I F EOOD SANIRANE LAZUR BL 70 DZZD DJANIKOM - 2015 EOOD RADSTROI NADEZHDA EOOD NAVIBUL SD EOOD EKIP INVEST OOD CHERNO MORE 4144 EOOD 2PD EOOD IZOLACII EOOD CHERKOVNA INVEST OOD EMAAR GRUP EOOD ZH I ZH INZHENERING 20 EOOD CHAKALOV & SIE OOD MAG & MAG EOOD ALEXSTROY PROJECT 21 EOOD DIVAS RIZART EOOD NIVALETA OOD DEMSTROY 1 EOOD IV RENTAL SERVICE OOD SMART CONSULT OOD NYU VIZHAN NARK EOOD DM PROEKT OOD DYAKOV STROY EOOD DIMITROV BUILD OOD SISTEM BAU 2000 EOOD DB FIN EOOD FORMAKORT EOOD PMI EOOD STOBOT-S EOOD STROYLIMITID EOOD BALKAN ING STROY EOOD GRUP PLEVEN LOT 4 DZZD ARKADEN EOOD KRIS - BAU EOOD STROITEL EAD ICONSTRUCTION EOOD APARTAMENTEN KOMPLEKS LITEKS BANSKO EAD NEOPOLIS OOD BILDKOM PRO DZZD GIPSOTEHNIKA OOD DITA STROI OOD FASHION HOTEL SERVICE EOOD GLOBAL INVESTMANT DZHEY VI EAD BOKAL INJENERING OOD BNB STEEL EOOD AMZOV EOOD FARST PRAYMARI DZZD VASI-GRUP EOOD ATLAS BUILD OOD FIKSET OOD UNIVERSAL EOOD MONI-INGENERINC 03 EOOD OFIS A OOD S A G INZHENERING EOOD INTERBULD ENGINEERING EOOD ATINVESTMENT 1 EOOD STUBEL M EOOD MIK REZIDENSHAL OOD APN IMOTI EOOD ECO HOME GROUP EOOD VASTERM EOOD KOMBG LIMITED EOOD MASTERS OOD SG D B M EOOD ECB OOD ZAVODSKI STROEZHI-PS-RUSE AD COKI BAUNTERNEHMUNG GMBH OOD TIS STROY 2011 C EAD STROITELNA COMPANIA BG EOOD ANGEL PROJECT EOOD PARGAVI GROUP EOOD DPG-120E OOD ET PANTELEY GELEMEROV IZLAK 111 OOD DEVOR OOD EMANUIL - 87 EOOD MEGA PRODEKS EOOD STROITEL 2004 OOD TANI 2018 EOOD ELINA KOMPLEKS EOOD SIP-B OOD CONCEPT ENGINEERING EOOD MIL HAUS PABLISHING EOOD YANEV KOREKT EOOD TANIA - GALIN KOINOV ET GARANT 2000 OOD ET KOMPLEKTSTROY - DIMITAR RADEV MULI - TIDJA EOOD ELIT HOUM INVEST EOOD BIO STAYL VARNA EOOD VICTORIA GROUP VM EAD ZEVS EOOD EKSPRESSTROY-TA OOD KSV INZHENERING OOD SLANTSE ESTEYT EOOD UNI DEVELOPMENTS OOD ELEGANT KONSULT ZHILMEN ZH EOOD PROBILD 98 OOD NOVA AKADEMIA 2017 DZZD TSULYA EOOD DOMINO INVEST STROY OOD VPM STROI OOD P-BUILD LLC OOD OLENA 2003 OOD MAY FOREST EOOD DARSON - 1 EOOD ELIT STOUN OOD NAR RYADKOV EOOD PRISTATE EOOD ANDZHELINA 2000 OOD DIHRIDOM EOOD TECHNOMACHPROGRESS OOD GN - BUILDING EOOD GUSAREVA-RUMIANA ET TOP STROI REMONT EOOD EUROBUILDING RESIDENCE EOOD BALKAN - ADRIA KANSTRAKSHAN OOD L 60 EOOD SITI STIL PROEKT EOOD BUL ESTATE OOD METALSTROY AMC OOD BORI EOOD EM TO TREYD EOOD FRANSIS DEVELOPMENTS EOOD LENDS END MOR OOD AR DZHEY INVEST OOD ARTI INPROSTROY EOOD MAGABIT - GAVRAIL UZUNOV ET STOEV GARANT EOOD GARANT - 2004 OOD BUILDING SOLUTIONS GROUP EOOD MITKO RUMENOV ET GRIYNLAYF BILD EOOD PARAPETI KOZAROV EOOD ALPIN HOUM EOOD KOREKT STROI OOD MK 2016 OOD M GROUP OOD VODA 111 DZZD ACROPOL-BUILD EOOD BAYCHEVSTROY 55 EOOD LAKRIS - 90 EOOD BULSTROY EOOD DINAMIKA KONSULT 2004 OOD STIV BILD GRUP OOD GARANTSTROY 60 OOD KRISTAL BIYCH EOOD PROEKTSTROY-STANKOV EOOD SIMEONOVBILD 08 EOOD INVESTSTROY EOOD DOBREVSKI 67 EOOD GARDENIYA GD OOD VELGO-GRUP EOOD KA PRODUKT EOOD GBS VARNA AD NOVOSELSKI KASHTI OOD TOP STROJ VARNA EOOD ALFA STROY EOOD SUN CITY OOD KOSTOFF EOOD NIKOLI - EM EOOD M&A KAPITAL SARL - KLON BULGARIA KCHT KONSORTSIUM TI VI BI VODOPROEKT DZZD SOFDAR 10 EOOD EKSPRES STROY EKSPERT OOD SK MID-74 EOOD SOLEY BILD IMOTI EOOD MAKS EVROSTROY EOOD ZIMEN DVORETS 2017 DZZD MF CUBRALTD EOOD KARAT - PERFEKT EOOD 31 SeeNews Industry Report

ARKON INVEST OOD YURA - DV OOD AMG CONSTRUCTION EOOD BLD TRIADITSA 2 OOD SEA & CITY HOMES OOD STRODIS EOOD IM TEHSTROY PTSD EOOD TODOROVI 2018 EOOD ELGRUP - 51 EOOD MAKS GRUP RP OOD TEHNO ERG OOD ALIANS INZHENERING 1 OOD AKSENIYA MK OOD HEXAGON-NDT EOOD ET KONISTRA - KRASIMIR KOVACHEV ARAINVEST EOOD BILDING 3 EOOD SANI ESTEYTS EOOD BALIN BUILD EOOD UDOBNI KASHTI EOOD DB KOMERSIAL STROY EOOD MEGA BUILDING MK OOD STARTSTROY 2016 EOOD STROYMAX 17 EOOD IPSUM-STROITELSTVO EOOD SERDIKA 22 EOOD KILTEKS EOOD STROYPROEKTKONSULT OOD DRASTAR INZHENERING EOOD UYUT I STIL EOOD NND INVEST EOOD BANATI OOD KRAS EOOD MAK STROI 92 EOOD MIRAY PRODZHEKT EOOD HOME STROY VRACA OOD SARAFOVO INVEST OOD BI EYCH DI PROPARTIS OOD INFRASTROYGRUP EOOD OK IMOT EOOD ALEKSOV INVESTMANT EOOD BARAGE CONSTRUCTION EOOD G S STROY INTEGRAL EOOD MILENIUM STAR EOOD VAKANTZIONEN KOMPLEKS KAMENITZA EOOD MASTARS INVEST INJENERING OOD KRIDA 13 EOOD HRIMI YAK OOD GM NAUSA EOOD DEAL INGENERING D OOD MASTER 6 EOOD MI-TRI ENGINEERING OOD BULGARIAN CONSTRUCTION AND INVESTMENT INVESTCONTROL 7 EOOD MASTER LUX EOOD TOP STROY BG EOOD COMPANY EOOD EDERISEL BUILDING EOOD LADEL EOOD PLANEX TRADE OOD KOS STROY EOOD GEN STROY EOOD HOUM 10 EOOD KOSTOV & CO EOOD VAYANI EOOD VI EL BILD EOOD DYU INVEST OOD TIRLIN AD TEMEL PLUS BULGARIA EOOD DAUNTAUN REZIDENS EOOD SLAVA-STIL 77 OOD PIANO NOBILE M OOD STRAYP EOOD ORKA-S OOD KIPIX EOOD ELENA K EOOD ALFA KANSTRAKSHANS OOD BILD INVEST 2016 EOOD I S STROY 85 EOOD ATS INVEST STROY EOOD ZHEKOV EOOD MORILES BULGARIA EOOD EKOEFECT BILD EOOD MONOLIT A D EOOD SPONES OOD MARSTEN OOD EFEKTIV KONSTRUKT EOOD CHEKI-86 EOOD ANTARES IVEST EOOD MARTEK GRUP EOOD A.D.RAZVITIE EOOD PRETSIZBILD EOOD DZZD EFEKTSTROY TUHLA OOD AV ARHINVEST EOOD VESTROY EOOD PERUN 2011 EOOD ELENI OOD NORI-2006 EOOD EHG 2010 OOD SITIBILD 2004 EOOD DIANA COMMERCE 1 EOOD BAULAND EOOD ET STRONIK - NIKOLAY NIKOLOV CITY GROUP 96 EOOD VIKI 91-YORDANKA AVRAMOVA ET OPTIC MEDIA NETWORK OOD M I D INTER GRUP EOOD PLANET BILDING EOOD DZZD SADEBNA PALATA KYUR UOTAR OOD YULIYA PETSANOVA 08 EOOD STOQNOV INTERIOR 76 EOOD ABOSS EOOD PAVLOVO APARTMENTS EOOD PRIMOS MI EOOD VIA ENERDZHI PLEVEN DZZD ELI INVEST GRUP EOOD ET DZHONI - NEZHDET ADEM TRAKSTROY EOOD CHANI PRO EOOD RBI COMPANY OOD GRADENIA EOOD YANEV-55 EOOD IVAN TASHEV ET AFINVEST OOD INZHENERING GRUP 32 HADJI 84 EOOD EKLIPS INVEST EOOD CONCORD - BG EOOD KARI KRIEYTIV GRUP OOD DZZD GV 2016 ET IVO-60 - ISMAIL RASHAD MIG 07 EOOD OBEDINENIESTROYKOMERS ES DZZD BETA 22 EOOD SREDETS STROY GRUP EOOD ARKUS STROY EAD BUILDING COMPANY BACHO OOD SIL VIVESTA EOOD KAPITEL PANTELEY SIVKOV ET BOYANA HOMES EOOD DOMOPLAN EOOD BULGARIAN BUILDING COMPANY AD A I H BILD OOD ASA BILD EOOD NEW POWER GROUP EOOD AS STYL OOD REZORT OOD LAVOTRON EOOD BAHREN EOOD KESHAN 2-SAVASH DURALI ET RVD-KONSULT EOOD MIRIKAL EOOD ELEGANT INVESTSTROY OOD DONATEKS I KO EOOD ROOFHOUSE OOD SOFTAR ST OOD POYDEN OOD SOFIA PROJECT OOD K I K BILDING OOD HONKA - FINLAND HOUSES EOOD BONONIA EKOPRODUKT OOD GLOBAL BUILDINGS EOOD PLASTON 21 EOOD MD GRUP ENGINEERING OOD CITY STROYINVEST OOD PIK 2007 STROI EOOD SOFBULTREYD - 11 EOOD S A ENGINEERING BG EOOD NAHODKA OOD SREDNOGORSTROI EOOD VDZ BUILD EOOD ZID - K 2018 EOOD LIV IN EOOD IKTINOS BULGARIA OOD VITADJOY EOOD NOME BG 2006 EOOD TERA 95 OOD GUDMANS OOD SIENIT OOD GERMANIYA MARINE PRODZHEKTS EOOD CHERNOMORSTROY EOOD VIP 911 EOOD TEKSLAND EOOD ELIT PROPARTIS OOD PLANEX EOOD DARTS INZHENERING EOOD GELEX OOD BARIN TRADE EOOD BUCLEY 2013 EOOD AMORF STROITELI VT EOOD DOMOSTROITEL - AD STAR STROIGRUP 7 EOOD INFRASTROY SOFIA OOD ELITSTROY 2018 OOD TOWN HOUSE EOOD VANKOVSTROY - TV EOOD BULSTAV OOD STIYL END AYRAN EOOD BELLA MIA OOD AMG BUILDING EOOD ASPEKTI PLUS EOOD RESPECT HOLD EOOD TEHSTROY EOOD VP COMPANY INVEST EOOD STROITEL -2005 EOOD DZZD PRODZHEKT KINDERGARDAN EVROKOREKT BUL EOOD KOUDI OOD PAMPOROVO 2018 OOD SVAK EOOD TODOR BILD 2017 SLTD EOOD KOMO INGENERING EOOD IDEALSTROY 4 EOOD SAHRA 2016 OOD KS LAYN OOD TELECOMPLECT AD ROETZER ZIEGEL INTERNATIONAL EOOD UNIVERSE GROUP EOOD BI EYCH DI KANSALTING OOD KONSORTSIUM BRILYANT MIDIA DZZD MY SMART BUILD EOOD EVROHID EOOD SHORI OOD MNK SOLUTION OOD BLD 33 EOOD TRIRON OOD VOOSLEY M I K EOOD ASCG OOD BILDNIKS EOOD VODOLEI 60 - JORDANKA BATAKLIEVA ET EVROHOLDING EOOD PROEKT BILD STROY EOOD VAZRAZHDANE 2004 EOOD EKSPORT IMPORT BALKANS EOOD STINEKS INVEST EOOD INVESTITSII I STROITELSTVO INZHENERING AD VOX BUILD EOOD AL INVEST EOOD KRAMIR - KRASIMIR KANEV ET ALMAZ EOOD SLAYT EOOD PRIMA PLAN 2015 OOD WHITE BEAR 1 EOOD EVROBILDING INVEST 2008 EOOD KOMFORT-BELPROM EOOD PLAN 21 EOOD GORSTROY GRUP EOOD KONSORTSIUM MUNDUS BILD EOOD - NEKSAS HAY LEVAL STROY OOD LIVI INZHENERING EOOD BUILDING SERVICE EOOD EOOD WALL DECOR EOOD ROSIM 2008 OOD VEST GROUP 21 EOOD PLANA EAR OOD IV-GET 1 EOOD BAKALIYA NET EOOD GAMA STROI INVEST EOOD SOFTRANSSTROY EOOD ET TO-TOP - TODOR TOPALSKI 32 SeeNews Industry Report

TODIS EOOD DEYZAN STROY EOOD DESIGN REPAIR EOOD TEMEL AND CO EOOD TRANSTROY 2001 OOD STEFAN YURUKOV ET S A BUILD EOOD PRIMA PLYUS OOD BILDING INVEST GROUP OOD LAUREAT EOOD MONI SIN 2010 EOOD NEOSTYLE 2012 SLTD EOOD K I K SERVICE EOOD ILKIN EOOD RAYA 3-5 - PETYA KRASTEVA ET BILDINGS EOOD IZLAK BILDING EOOD ELIT GRUP EOOD IZI SITI - KLIYN EOOD ANDI EOOD CITRUS GRUP EOOD BILDING MAG EOOD HAUSMEISTER AD VANYA 2004 EOOD M I T BILD FRAYBAU 90 DZZD HAY INVEST GRUP 17 EOOD SI DZHI HOUM 1 EOOD ET TOSHEL - NIKOLA DASKALOV SPLENDID EOOD VELINGRAD REZORT EOOD ET TORINO - TIMCHEV - BORISLAV TIMCHEV FORINVESTMANT OOD MBN BULGARIA EOOD KALOYAN STROY EOOD DRAGONIYA EOOD SIAMO GRUP EOOD BILDING T EOOD BULLEDLAYT OOD KARI A2 EOOD A. V. BILDINGS AD EMSTIL EOOD VIKTORIYA STROY 2015 EOOD IVELSTROY EOOD ADERAL OOD ART CITY GROUP EOOD TUSKOM EOOD EL- CON -STIL EOOD TIARA BUILD EOOD BBG I KO AD DIMITROV BUILDING OOD DESI STROY EOOD K-K & CO AD NARTIKA EOOD STRATUS INJENERING OOD BARAGE GROUP EOOD GESHEV EOOD AVE INVEST-2017 EOOD KRISTAL SIY EOOD ALSTROY INZHENERING OOD TANDEM STROI GROUP EOOD BL KONSTRUKTSII EOOD AY DZHI EF MONTAZH EOOD KONSOTSIUM ODZ AKSAKOVO-2016 STROYGRUPA-SV-EM OOD KAMENOV STROY OOD AKBARA EOOD A& C GENCHEVI EOOD BALKAN BILDING BG EOOD BG 2013 OOD POLISTROI - 2001 EOOD OBEDINENIE FOREST DZZD XL EOOD SIMETRON EOOD VARNASTROJINGENERING-RP OOD POLIMERI 2018 DZZD RADSTROY SLATINA EOOD KOK INVEST OOD LANDSKEYP INVESTMANT OOD BULIZSTROY EOOD VIRIDIA OOD KOLAROV BILD EOOD SKY BUILD EOOD EKOZID EOOD UAYT BILD 1970 EOOD INVEST BILD - 2004 EOOD BARSELONA INVEST OOD GRAND BILDINGS OOD HIDRO-HIT-LTD EOOD TRENKA 5 59 EOOD VITA 2007 EOOD BETON-99 AD SEKVOIA RESIDENCE OOD VARNA BILD 2010 OOD INVEST 14 EOOD KRAKRASTROI - D EOOD SOFIYA SITI INVEST EOOD PLASTERING OOD SAVITA INVEST OOD VEYL COSTRUCTION EOOD SB PROJECT EOOD YUNG STROY EOOD BOTAN 3 OOD BDS 2000 OOD MARELI 4 EOOD SOLID GROUP PROJECT EOOD KOSTELI 5 EOOD TUINS INVEST OOD STIVO X EOOD BIODOM EVROPA AD BILD STROY - VARNA OOD RONIKOLOR OOD VALKO EOOD NEFTENA TARGOVSKA KOMPANIYA 2007 EOOD MOMINA KREPOST 2017 DZZD BUILDING INTERNATIONAL OOD AKADEMICHNO STROITELSTVO 98-AD CAUDALIA BULGARIA INVERSIONES EOOD ENGINEERING BG EOOD POLI - CHAKALOV EOOD GRIYNLAYF-HAUZES EOOD MONOLIT PLAST OOD GERMAN HILS OOD ARTIN EAD DM - MANOV OOD MAXIMUM 2016 EOOD TREMONT EOOD DALIARDI EOOD NADEZHDA BILD OOD SKY BUILD COMPANY OOD HIKS 5 GRUP EOOD EKYUTEK BULGARIA EOOD SOFIA OFFICE CENTRE EOOD V I M EOOD DZZD KOOPERATSIYA BAUCHER ENERDZHI 1962 OOD BRIK EOOD STROYMASH 2018 EOOD DIMS 2008 EOOD EURODISTROY EOOD PORTAL EOOD DIMITAR OMAROV DILAYT ET GALPROEKT EOOD LMG BILD GRUP EOOD VERA STROY EOOD DZZD YUROKONTINENTAL BAU TSENTAR KRASIVA BULGARIA DZZD ORBIS KVADRA EOOD NITOV ENGINEERING EOOD KSTROI EOOD GEORGI RADEV-70 EOOD KATETI-2006 EOOD SOFIA PROJECT 1 OOD SINANER EOOD GEOTSVET EOOD STROY STIL 2000 INVEST OOD VENPAR OOD KRIM 15 EOOD NOVOKOM 2000 EOOD BILDING 2018 DZZD CHERNY VRAH INVEST OOD BYRGER POINT BULGARIA EOOD EVA 73 EOOD KOMPLEKTSTROI - 59 EOOD KALINOV GROUP EOOD SISTEMI ZA SIGURNOST I KOMPONENTI VARNA FRONTAL PLYUS EOOD VINIZ 11 OOD TIREL ENGINEERING EOOD EOOD HAY LEND EOOD STOMIRA EOOD TAGOINSA EOOD PAVLOV - STROY EOOD DELTA KONSULT AS OOD GLOBAL PROPARTIS OOD VIVA INVEST EOOD VIP PROPERTY - S OOD NOVASTROI EOOD ARA HOLDING EOOD SM BILD EOOD MASON GROZEV I S IE SD COMODITA EOOD REGIANA SIMEONOV SIMEONOVA SD KORAL 2001 OOD DLD MLADOST EOOD LIULIN STROI 2008 EOOD ZET GROUP INGINEERING EOOD BUILD TOP LUX OOD LUCKY 79 EOOD T I G CONTRA EOOD ATIS STROY EOOD PONTIKA GR EOOD ZHILAS D R TSOKO DANOVSKI ET ER BE - BAU GMBH EOOD ELEKTRO STROY INZHENERING EOOD NKN INVEST EOOD 5EV GROUP OOD OS BTR OOD UDOVO 1 EOOD 3 PLANINI OOD STROYMAR 2013 EOOD RATA PROEKT OOD M-STROYINVEST OOD STROYPROGRES BG OOD VEB ELEMENTBAU GMBH - KLON BULGARIA REGINS EOOD ENERDZHI SISTEMS GRUP EOOD PREMIUM BILDINGS EOOD KCHT SOLEKTRIKA BG EOOD STROY DOM 79 EOOD VART 2000 OOD DI VA STROY BG EOOD PROGRES 12 EOOD EKOINZHENERING EOOD NEDYALKOV STROY KONSULT EOOD BUILD SYSTEMS BULGARIA AD DDCC EOOD LUXSTROJ 99 OOD SOLID STROY GM EOOD METABILD EOOD BRAVER 96 EOOD MALINA GARDANS EOOD GLOBAL STRAKCHARS OOD IVSTRONG EOOD HA & KA - STROI EOOD TAGRE OOD BORIANA - 2010 OOD NATI 999 EOOD UADEKS EOOD M STROY OOD KOMFORT 61 EOOD EY EL DZHI INVESTMANT OOD BGGB OOD ZIDKO STORY EOOD BONA DEA KONSULT EOOD HALIMINSKI EOOD KK BILD INVEST EOOD STRUKTA EOOD HOME 9 EOOD NM STROY 2018 EOOD INDUSTRIALSTROY INZHENERING EOOD LYULIN BILD EOOD NYU BILDING 2015 OOD ZET DZHI BILD OOD MAVDI EOOD SITI PLEYS SOFIYA EOOD MN BILDING OOD M K S STOYAN VASILEV ET EVRO DOM DIZAYN EOOD T.N.N.-97 EOOD INTERSTROI MARINSKI EOOD POMORIE SANSHAYN MAX BAU EOOD ET KITA-PETYA STOYANOVA ORLIN 1957 EOOD DOMKOMFORT BULGARIA OOD INNO BUILD ENGINEERING CORP. OOD SERA - 16 EOOD VAKLIN GROUP OOD RI BILD RUMYANA MITOVA ET BILDIGS EOOD 33 SeeNews Industry Report

ELEKTRA VARNA EOOD ADVA BULGARIA OOD MARTIVA CONSTRUCTION OOD YANIS 56 OOD FITNES KAMP OOD SANSHAYN HOUMS OOD FERONA STROY EOOD STROY SISTEM GRUP OOD KDK GRUP OOD CORRECT CONSULT 81 EOOD MOBO-17 OOD ESTERA 2018 EOOD VALENTINO-N OOD MM-STIL 2017 EOOD FARM LAND KONSTRUKSHAN OOD STROYGRUP 77 EOOD LEVELENGINEERING EOOD RAN BILDING STROY EOOD OPERARIUS EOOD BYALA 2015 EOOD KOMFORT PLAST VARNA EOOD VEKRA EOOD PEKS STROY EOOD MARINELLI 7 OOD ELEMAG 24 OOD RUEN STIL EOOD KONSORTSIUM ZA INZHENERING I ENERGIYNA PRAYM GAL REZIDENS OOD EFEKTIVNOST DZZD UNISTROY TRADE EOOD KUGUAR EOOD NAPS ENGINEERING OOD CONSTRUCTIVE PRO EOOD PLANIRANE I MARKIROVKI EOOD M END S KANSTRAKSHAN OOD EM EN DABAL YU FEMILI OOD KONIEL OOD CABANO OOD GABROVETS HASAN KYAZAMOV ET PALDIN INVESTMANT OOD DIAL INVEST OOD ROS STROY 1 EOOD GIZEM 2013 EOOD SENTAKS EOOD KOSTADIN BRUCHEV DIN EOOD EL KEY PROPARTIS EOOD HEMUS BILD EOOD VEGASTROY EOOD ADJIS BUILD EOOD INFORMAT OOD KASTELA EOOD CHISTI KLIMATICHNI POMESHTENIA TRIPLE A EOOD INZHENERING AD ELMI - 09 EOOD HIGH BUILDING EOOD ANTON INVEST SERVIS OOD KATO STROY EOOD FERAL OOD BEYVYU HAYTS AD INDUSTRIAL SUPERVISER EOOD DAMYANOV 63 EOOD EKIPSTROY EOOD POLARIS BUILDING INVEST EOOD IZGRAZHDANE EOOD MIK-M OOD SITNIK AUTO BULGARIA EOOD BULSTROY VT EOOD DIZHIL OOD S T BUILDING EOOD DIKI 86 EOOD ARAM BILD EOOD DOM ZA TEB DZZD RB - TM EOOD LONI CONSTRUCT EOOD KLIF INVEST OOD BOVAKS OOD BALKAN CONSTRUCTION OOD ENIRED OOD FORUM VYU EOOD SPEKTAR STROY BULGARIA EOOD MACH-LES EOOD ARZU BUILDING EOOD PROFIDEL INVEST EOOD STROY SMART EOOD SORES INVEST OOD LUKS PROPARTI BG OOD TEHNOINVEST BILDING EOOD T V TILNI EOOD GAP MEZON OOD EVA - RT EOOD S.A.G. INZHENERING GRUP OOD ES PI KANSTRAKSHAN EOOD MAKS KOVARING OOD ASTRA G.B. OOD SAT 07 EOOD MALKI CHIFLIK SLTD EOOD I.P.J. CONSULT EOOD EVROPAVIMENTI PLUS EOOD RUSINOV I KO OOD DESKRIIM BUILDING EOOD STARDEK BULGARIA EOOD MIMO - ART EOOD AZALIYA PARK EOOD BILDING STIL SOFIA EOOD ADIS KALINOV OOD PARIZH 2013 EOOD II ENGINEERING EOOD VILA SVETI NIKOLA EOOD PALAS- TOUR EOOD M 6 EOOD EV BUILDING OOD ATA BUILD EOOD TOFIX CONSTRUCTION EOOD KOMUNALNO STOPANSTVO OOD VIKTORIA STEPA EOOD IGR BAUMEKS OOD ASTER BILD OOD GREEN BUILDING COMPANY EOOD KIDO HOUM 1 EOOD ZONI EOOD PANHAUS BOJANA EOOD KOLIZEUM OOD ARKO KEPITAL MENIDZHMANT EOOD M STRONG EOOD MIHS-GROUP EOOD STROYKOREKT EOOD GREENLIFE MANAGEMENT EAD BULGAR STROI INJENERING EOOD MISTRAL - ENEL DZZD K KIRCI EOOD INTERGRUP KARDZHALI EOOD ARTREM OOD HALLE-HAUS EOOD NIBOSTROY B EOOD VIP BILDING EOOD CAPO GRAIN AD KAZAKOV INVEST EOOD RUSEVBILD OOD BOBI RN INZHENERING EOOD UAYT BILD 5000 EOOD SEKVOYA STROY EOOD BILDING INVESTSTROY 2017 OOD MAG STIL OOD VALLI - 10 EOOD MONI STROI 03 EOOD BUILD PROPERTY 16 EOOD GEO ART 1 EOOD AS - STROI 2000 OOD MAGICHEN SVYAT-2 OOD STROITEL GK EOOD SANSEBA IMMOBILIEN OOD MARIETA MT - 08 EOOD RADLOW AND SON D EOOD SPA HOLIDEY OOD IVA 95 EOOD M.P.R. BUILDING EOOD ROYAL INVEST BG OOD MAKTER CONSULT EOOD NOUBLES EOOD ES-STROY-2009 EOOD MIHAIL CONEV-IMPORT-EXPORT ET KRASIMIR MLADENOV ET ATIKA 93 EOOD KURAN BEHCHET HASANOV MELIHA HASANOVA POLID OOD IVA STYLE OOD DJIDJEV STILLTD OOD ET GALA HOLDING EOOD SENA TREYD EOOD PRIMA AGRIMA EOOD SITI - STIL - STROI EOOD SHORI 2005 OOD INVEST TRADE EOOD DRIYM BILDING BULGARIA EOOD ARTEKS ENGINEERING AD PROEKT K EOOD R-R GRUP 1 OOD MARJEN STROY EOOD DZZD TRS BURGAS ESPERANSA EOOD PRIMA-STROJ GPD EOOD NIYA STROI EOOD AD PARTNARS EOOD ELITE BUSINESS GROUP EOOD AYSBERG OOD SK OOD VIVA 83 EOOD KALEYDOSKOP GRUP OOD KONSORTSIUM INVESTSTROY SIENAT DZZD RADANI OOD SOZOPOL PROPARTI INVESTMANT OOD SAMIT LODZH BANSKO EOOD KASTRO 2 EOOD ECODOM BUILDING EOOD KONSORTSIUM DZZD STROITELSTVO I REMONTI INVESTSTROYPROECT EOOD INTER PARK INZHENERING DZZD DOYCHES HAUS ND OOD GOR 22 OOD ANTOBEL EOOD STROIVEK INGENERING EOOD SINALCO OOD DZHENTALMEN - 76 EOOD MANGOSKI CONSTRUCTION OOD RONI - 09 EOOD MADJO - 7777 EOOD BILDEKS BG EOOD TSESIMA STROY EOOD HAVIM STROY 2011 EOOD VI BILDING EOOD STANIMIR YORDANOV ET IGOR BELALTD EOOD TERAKOM - SMOLYAN OOD AVALON VARNA EOOD TRANSSTROY ECO OOD BISTRITSA ROYAL EOOD BONIS BILD OOD ELIT - 6 OOD MIRO MVM EOOD FILOS 12 EOOD BULREG 17 OOD AGROSTROY - OOD AGORA OOD ELITBILD 2013 EOOD RASHKOV EOOD ALPINE BUILDING EOOD VITAL MM OOD SPM - SWISS PROJECT MANAGEMENT EOOD MIX BUILD 99 EOOD SUN LAND 4 EOOD BULSTRAIGHT OOD TRUEBUILD EOOD PALDIN INVEST STROY OOD BURGOS STROY SK EOOD MAYSTORIKO EOOD TERABILDING-M EOOD D GRUP STROY EOOD IZOLIFE EOOD INFRAINZHENERING DB EOOD ORFEOS EOOD VALDANI EOOD VDM BILDING GROUP EOOD LAZAROV BILD EOOD DELUX IMOTI EOOD STERLING INVEST EOOD DZHI EM VI BILDING OOD EFG BUILD GROUP EOOD BLD INVEST EOOD KALINOV - 2008 EOOD PM ILINDEN DZZD ANGELINA STROY 2 EOOD HIDROSTROITELSTVO BLAGOEVGRAD EOOD SHREDER 2010 EOOD DANI ESTEYT EOOD CHERKOVNA APART EOOD VAS MIT EOOD TEVI 3 EOOD ILYA STROY EOOD LUX BILD TS.S. EOOD ET NATSTEF - NEDELCHO KOSTOV 34 SeeNews Industry Report

ARGUS BILDING EOOD APART INTERNESHANAL EOOD S A G GROUP EOOD OKNO EOOD KONKURENT STROI 3 EOOD DZHI DVE INVEST OOD MONOLITSTROY 2012 EOOD DZZD SHTASTLIVI DETSA 2014 SKAY BILD BG EOOD CITY CONSTRUCT EOOD MK INVESTITSII OOD ALEKSA STROI EOOD GAMAENGINEERING EOOD RADO I SIE 2003 EOOD FAYANS GRUP EOOD IZOLA COMERCE OOD CROWN FACILITY EOOD STROY MAT 121 EOOD BUILD INVEST BULGARIA AD INTERSTROY GRUP OOD SIMULA EOOD EKZAKTBILD EOOD EURODOM NEDVIJIMOSTI EOOD FYUCHAR HOUM DIZAYN I KO EOOD YUREKS - SOFIYA OOD VEM STROY 86 EOOD KF NOVA OOD TE TREYD GRUP OOD STROYINVEST DIK OOD STROIKOMERS TT EOOD VIVA BILD EOOD STROITELNI SISTEMI INGENERING OOD BO VA STROY OOD SPAINVEST-RUSE OOD LILIA - 2 EOOD STROITEL 2000 AD POLARIS BI OOD METALIK - M OOD EOOD GENOV & CO EOOD ELIT VK 2000 OOD ATA DESIGN SMLTD EOOD VANINA STIL OOD MARINA BEY MENIDZHMANT EOOD PI DI ES 99 EOOD SK GROUP BOURGAS OOD PRIMA STROY- DUSKOVI EOOD ASTA 200 EOOD VILD-G OOD MVV STROY EOOD FLINTEX GROUP OOD S A ENGINEERING GROUP EOOD J BUILD EOOD STROY BV OOD AURI 2008 OOD PETROV I SI-E OOD NEST STROY EOOD PLOVDIVSTROIRESURS AD STROYINVESTKONSULT 2013 EOOD SMART KONSULT 66 OOD DINAMIKA 1 OOD OAKWOOD RESIDENCE OOD DRAY BILDING OOD ROBOSTRO EOOD INVESTRA RS AD SMK INVIKTUS OOD MART STROY 2000 EOOD OBEDINENIE ZA STROITELSTVO PIMO SV I TEHNO IZOTECH BOURGAS AD KONSULT 2000 DZZD ET MIKI - 201 - MILCHO CHUKACHEV STROITEL INTEST AD RADISTROYPLAST EOOD PITO KONSTRUKTSIONES-2016 OOD BTSS DZZD PERFEKT INVEST OOD BIAD - S OOD MAKS BUILD CONSTRUCTION EOOD SITY STROY INVEST 2 EOOD DREAM BUILD 2018 OOD - 2004 AD SIY BRIYZ OOD PMK 2014 OOD STRIYMIT OOD KLER INVEST OOD K & K ENGINEERING OOD ALTRAM EOOD MACH MOR EOOD PRIMA PRAYM EOOD OKEY TREYD EOOD BILDING BI EOOD VALEKS INZHENERING EOOD ZLATEN TELETS 16 EOOD EKO INVESTMANT ELHOVO EOOD SM-2 EOOD PROTSION EOOD DARSTA EOOD MILEPRES SLAVCHEV EOOD SIS - 13 EOOD DITI STROY EOOD T M A G INTERNATIONAL EOOD LODZHIK RENT AD INVEST BILD - 2005 EOOD AL GE 2014 OOD MOME T EOOD DIMAR NORTH-EAST EOOD PIPE SYSTEM AD STROITELSTVO I REMONT 09 EOOD ANTARES BUILD OOD BEATO SYSTEMS EOOD STROYCOM STEFANOV EOOD STROITELSTVA I MONTAZHI DZZD NOVABUILD OOD VIDAS 2016 EOOD ART HOUM PARK OOD NEW PROGRESS 2017 EOOD GRASMIHSTROY EOOD TECHNO STROY BULGARIA OOD INTERTEK INTERNATIONAL EOOD BIOTEHKORP EOOD '''' STROI MAR INVEST ''''LTD EOOD KOREKT-63 EOOD STIL STROY OOD DZZD SI BUILD TRACE MIG ENGINEERING EOOD DIMEL INVEST EOOD ALFA BILD EOOD GREENLIFE EAD KASKADAS INVEST EOOD KONSORTSIUM BULGARKA DZZD TB VITOSHA OOD MASTAR KANSTRAKSHAN EOOD SILVER KON EOOD ITI - STEEL EOOD MARCHELA BILDING EOOD DZZD GEOSTROYTEHMIN MARKONI BILD EOOD CROSS BORDER BG OOD A2 ARHSTUDIO EOOD V AND M INVESTMENTS EOOD AVIT - PAVLOV EOOD LAZARETA-A EOOD STROY UNIVERS 2007 DZZD GALCHEV HOLDING AD RM ENGINEERING GROUP EOOD PETALEKS AD SEA SIDE CONSTRUCTION EOOD TREND BUILD OOD MILADINOVI INVEST OOD VG STROY OOD RUDISTROY INVEST OOD SD GALANT-2 EOOD EL GER OOD KREMA 2006 OOD GRAND PROPERTY OOD VEP STROY OOD PARTNER - BMS EOOD DZZD KONSORTSIUM PORT BILD INZHENERING SLATINSKA ISTEYT EOOD IZLAK INZHENERING EOOD STROITELSTVO - 2018 M EOOD IVON OOD - 96 EOOD VARNA KOMERSIAL GRUP EOOD TOP INZHENERING OOD PRODZHEKT INVEST EOOD KROSS INTERNESHANAL OOD KAVAR BILDING 2016 OOD ES GE HA EOOD JETCOM EOOD PRESTIZH BILDING EOOD LUXURY LIVING EOOD TOGEDA GROUP EOOD VIVA BUILD GROUP EOOD SIGN HOME EOOD TD STROY OOD LIDEZ EOOD DIVIL-T EOOD GEO-ASPEKT EOOD TOREK EOOD AKVA BILDING KAMPANI OOD STROY TIM EOOD VALERIYA 2010 OOD SOFT STROY VARNA OOD HRISTINA ATANASOVA KUDEVA ALKOM 22 OOD BGBK EOOD MARK ST EOOD VYLKOSTROI EOOD VIG KONTROL OOD BILD RESPEKT OOD K G BILD EOOD VARNA CITY PARK 6 EOOD DOBREV STROY EOOD BUILDING EXPRES - 90 R OOD BIBOV & CO OOD PROMETEY - DD OOD TEMPO 6 EOOD BOEV GRUP 77 EOOD EL INSTA EOOD INVEST NDD EOOD VECTOR - 74 EOOD KVALITET BG EOOD ALIOSHA GROUP SYSTEMS EOOD STROITELSTVO K EOOD EUROINVEST PROPERTY OOD OPULENTIA KEPITAL OOD ZODIAK REZIDENSHAL PLAZA OOD STARA ZAGORA 2016 - GV MARIDEL 2012 EOOD LBG EOOD ELDI STIL OOD INVEST STROI 2004 EOOD I B BILDING EOOD GBS - YUG EOOD DOMSTROY - MONTANA OOD ALFA STROY EOOD ASBAH-BULGARIA EOOD E STROY EOOD STROYINVEST 2009 OOD VIP BILD 2009 PINKOVI OOD DEVNYA TREYD KONSULT 2014 DZZD ELPLAM EOOD PROGRESS INVEST AD DIN STROY EOOD EVROLUKS EOOD YU ES ENGINEERING EOOD DASCON OOD REMONTSTROY 98 AD IBERA DEVELAPMANT EOOD EMOTI EOOD KRIDO K EOOD KOYNOV EOOD HIDROENERGOINVEST BAZILIKA EOOD AMD 91 EOOD EVROSTROY LYULIN AD BODIKS 9 EOOD PIN STROY GRUP EOOD FRINTELEX EOOD LAGOUSTRO STVENI STROEJI EOOD EKO ENERDZHI 2005 EOOD BURGSTROY 2 OOD DZZD KABILD SEMELA STROY EOOD EKOSTROY - 4 OOD TOAN EOOD POPSTOEV STROY EOOD PERFEKT STROY HRISTOVA EOOD GRIYNLAYF - KONSTRUKSHAN EOOD MILA BILD - 2018 EOOD SLAVINA TREYDING GRUP EOOD AMIKON OOD FINSTROY 2020 EOOD KARIZMA-UTIS 4 OOD PS HOLDING EOOD MARINOV IV INVEST 29 OOD GRAD-53 EOOD KOMFORTSTROI-2009 OOD FUNDAMENTAL INVEST OOD SDK I SATRUDNITSI EOOD PEZEVENK PROJECT EOOD 35 SeeNews Industry Report

NGM-GRUP EOOD VINITSA SEVER-1 EOOD GAMI 2018 OOD DIKMOV ILYAZ DIKMOV ET TEHNOSNAB INZHENERING EOOD DUCAT ENGINEERING EOOD KOTA NULA STROY EOOD KANSTRAKSHAN HAUS OOD DZZD VIA DIZAYN KOZLODUY MANOV BOURGAS EOOD VLADIMIROVI GRUP EOOD BUILD SAFELY EOOD GOST AL OOD VPD - 81 EOOD BELI 69 EOOD LEH 2013 OOD KAMELIYA PETROVA BONEVA DEL MAR 66 EOOD DIMEKS-68 EOOD BANNEKS 3 EOOD FARIEMS EOOD DEKOTA 1 EOOD TWINS TRADE OOD FORUM 49 EOOD STELK EOOD UNION CITY EOOD STROYEKSPORT OOD TVOYAT DOM BG EOOD AKTIVE-SOFIA OOD OCTAVA PROPERTY EOOD ALYUR INVEST OOD SIGMA-STROY OOD VENID SUNNY IVESTMENT OOD ABILD- ENGENERING OOD OBEDINENIE KARDZHALI 2017 DZZD KRONOSTROY EOOD VESTA OOD VIP PROPERTY - D OOD ET HRISTO RUSINOV - IZI EST DZHI GRUP EOOD KRISTIAN 98 EOOD DANIMILA GEORGIEVA I SIE SD DT BILDING EOOD SAVARONA EOOD INTEL PROPARTIS EOOD ILIEV BILDING EOOD MEGASTROI PLOVDIV OOD EOOD EPSION RIZORTS EAD DZHENERAL BILDING OOD FENSTER - DP EOOD BREZA STIL EOOD KOMPLEKSNI STROEZHI OOD PHI AD ALFA TEHNIKAL OOD BO & BO PROJECT OOD KRISTEL 27 EOOD SD BAU EOOD M CONSTRUCTION AND DESIGN EOOD APOLO STROY OOD TODOR PAVLOV ET INFINITY PROPERTY OOD MARINA EKSPRES 2013 EOOD TOCHEV STROIINVEST EOOD ELEONORA BUILD EOOD EVROSTROI - PROICHEV EOOD MM BUILD 93 EOOD RODEMSTROY OOD TONITO GRUP LLC EOOD EMG STROY EOOD BILDARI EOOD PROTON OOD STAR BAT BULGARIA OOD STIMA OOD AVA HOUM EOOD NIKBILD GRUP EOOD FAT INVEST EOOD BIVA STROY 2007 OOD BILDING 22 EOOD SLIVEN BAGRYANA 1 DZZD INTERHOLD EOOD REMAR INVEST OOD KAIS KONSULTING OOD GALANT 68 - AG EOOD DIVAYN TURS EOOD DIADO BOJKO EOOD GLAVSNAB OOD MORIS 2000 EOOD DARKBLU HOUM OOD BI END DZHI HOLD OOD KAMREY BULGARIA OOD ANADOL STROY ISA EOOD PALAH OFIS END HOUMS OOD BELCHEV EOOD BILDING HOUMS BG EOOD PITER INVESTSTROY - VARNA OOD BOURGAS INVEST 2008 EOOD SANDRA - GES - 2001 EOOD OBONATO BUILD EOOD ZDRAVCHEV & EGGER BAU OOD KLEMENTINA DZZD EVROINVEST BULGARIA OOD GALIS STROY EOOD MITICOM FRANCE OOD VIDJI GROUP G OOD EN - STROY GRUP EOOD SMART DIVELAPMANT TIYM EOOD ARTEMA 02 EOOD CHIKO P 70 EOOD DZZD ENERGOINZHENERING BB INJINERING 1 EOOD AGP STROY EOOD CBI TRADE EOOD PEPSAN-77 EOOD VIKTORIYA PROPARTIS EOOD ET SALI 91 - REYHAN SALI VALME STROY OOD BLD TRIADITSA 3 EOOD KLARS OOD TRI 3 AD BURGASZVET-BAEV EOOD KATING BETON EKSPERT EOOD MM SOFIA EAD ADRASTEA EOOD N R GROUP OOD VIP STROY 2015 EOOD REMI PROEKT OOD SILIKOM-2 EOOD MERKADA OOD DZHI EL IYST OOD KNH CONSTRUCTION OOD DZHAN - 2005 EOOD SLM STROI EOOD ECO HUT & HAUSE EOOD ABILD ENGENERING EOOD SOFBULTREYD - 9 EOOD GALAPLAST EOOD OPTIMALSTROY OOD SIYMARK EOOD EFFETTO EOOD BILDEMAN OOD DZHAKOV EOOD ASTRON EOOD PIK 77 EOOD ENJOV ENGENERING EOOD NYU TREYD KAMPANI EOOD TERA PRESANS OOD IRBIS STROY EOOD KREATIV 78 OOD COMFORT RESIDENCE - LYULIN CENTER EOOD VEKA INJENERING EOOD DELFIN - RIAL ESTEYTS OOD NAMSTROY EOOD FRISOMAT OOD SKAT STROY OOD TAYP INVEST EOOD KONSORTSIUM SATURN DZZD ET SEYFI OSMAN - 70 INVEST - TZINOV EOOD SAMINVESTMAND EOOD STRONG STROY EOOD STIL GRUP 92 EOOD BELVYU PROPERTI OOD EVROIMEKS OOD VERSAY-2011 EOOD ROUZ VILIDZH OOD KRAFT - STROY EOOD KID PLUS EOOD ZLATEN BRQG OOD STROYSTIL-STOYANOV EOOD EKSPERT-STROY OOD MILEKS STROY EOOD INTERKOMPLEKT - G EOOD MUSKOMERS 02 EOOD MANOL CHERNEV KONGLOMERAT STROY ET GBM INGINEERING EOOD GIKO 2 EOOD INVEST CONSULT EOOD STROITELNA KASHTA-EZHEV EOOD GREENLIFE VILLAGE EOOD MAI GRUP EOOD ATLANTIK A AD SOLDATEVI OOD EVRO INN GRUP OOD PDE PROPERTIES EOOD BALISIMU EOOD EN ES PI OOD KERA 2017 OOD HDG INVEST EOOD YUGOIZTOCHNA RIBNA KOMPANIYA EOOD EKEA EOOD MAKEDONIYA REZIDENS OOD SONN EOOD A& S STILE 2002 OOD ART STIL INGENERING EOOD NIKMAR PRODZHEKT OOD EI VI SI INGENERING EOOD DILCHEV I DILCHEV OOD ART STYLE BUILD EOOD AZIMUT GRUP EOOD PAYSOL OOD VICTORIA INVESTMENT - VIP EOOD RADONEZH OOD STROITELNA FIRMA - GEORGI GRAMATIKOV ET AURA BEL EOOD DIMOV BILD EOOD MPG 2007 EOOD AYSANEX BG EOOD MASONS BROS GROUP EOOD CONDOR COMMERCE EOOD PANDURSKI INZHENERING EOOD TOKRIA EOOD PETRA - 08 OOD DZHI VI BILDING OOD STOIANOV EOOD TEHNO-04 EOOD V I D 92 EOOD IM 1 EOOD NIK - INGENERING EOOD DANOVA BILD GRUP EOOD HG - N GROUP OOD S I C -93 EOOD ARGONAVT-ER EOOD SMART-STROY 2015 EOOD MAYSTORI EOOD RIVAYVAL PARK EOOD IV SIM VI OOD DA STROY-2017 EOOD PENCED - 2 EOOD MGB BILD EOOD ZAECHKI EOOD BULSITI OOD LANDJEV INGENERING EOOD SOLE TRADER STROYMAT ANASTASIYA OAZIS-STROY EOOD AGRONA GRUP EOOD KAVARNA GRIYN OOD YANACHKOVA ET ILIYANSTROY OOD BRIZ REZIDENCE EOOD ART BUILD BG OOD DALIYA BILD OOD ET VASKAL - GEORGI HRISTOV OBEDINENIE KRASNO SELO 2016 DZZD STROYKONSULT EOOD KOREKT PI EOOD KOVEG OOD BURGOS STROUY EOOD EST BILDING EOOD ELEMENT 99 OOD TI - KONSULT EOOD IDEA PROJECT EOOD BAYCHEV INVEST OOD ETERNA 2006 OOD BULGARD 2 ADRIANA 1 EOOD BULTRACE GRU EOOD BINDER EOOD TVL - GRUP OOD PARTNYORI A T EOOD UNIVERSAL ZH EOOD VILD GRUP OOD 36 SeeNews Industry Report

DZHI DZHI PI INVESTMANTS EOOD ALFA BUILD GROUP OOD B X EOOD PETIV MEBELI EOOD LACHEL STROYINVEST EOOD VILLAS DOLCE VITA EOOD NOA 49 EOOD MARITSA STROY OOD ELITSTROY OOD SEDONA - 82 EOOD SUNNY HILL 2 EAD STROIKOLUX OOD ESI-KO INVEST EOOD SPERARE DZZD SI TI 52 AD FAST BUILDING VARNA OOD ELPIDA 2A EOOD SINTES BILD EOOD PRESTIZH VILIDZH I RIZORT OOD VEA - GRUP 2014 EOOD REM BUILD EOOD MORSKI BRIZ 2 OOD GERMAN HIL EOOD N G TREND EOOD MANAGEMENT AND MARKETING EOOD DEL MUR EOOD ASTA 106 EOOD ORHIDEYA GRUP INVEST OOD BILDING START EOOD MIG BUILDING INVEST EOOD HARI INVEST EOOD GLOBAL TRADE M EOOD DAN-MAR OOD DENGE STROY EOOD BOKAL S OOD ARTELOT EOOD VV ENERGIA EOOD ZHANIK OOD BULDOM INVEST EOOD BEST BILDING-SOFIYA OOD BBK OOD RESPEKT COMERCE EOOD DI - STROY GRUP OOD ESPI GROUP OOD ZATERA EOOD STROY PERFEKT GRUP 2011 EOOD LEI PROSPEKTS EOOD HISTORICAL PARK AD BAUKOM EOOD HRAM MONTANA DZZD DOINANT STROY OOD ZORI SAMOKOV 2020EOOD EOOD AGER EOOD EVITA 1 OOD R. V. D. GUSHTERA EOOD BILD HOUMS EOOD RONESI EOOD E MAH EOOD GEO 2018 EOOD RENTO 21 EOOD BREVAS ENGINEERING EOOD MIG PROPARTIS OOD STROYINVEST TRAIDING OOD VI EM AY INZHENERING OOD EVRO DOM 10 OOD ARCO MANASTIRSKI EOOD INVEST BUILD 2010 EOOD JELIAZKOVI V& K OOD DIS KOMERS U OOD BBI ENGINEERING EOOD KONSORTSIUM STROY BILDING DZZD IMPULSNO UPLATNYAVANE OOD SREDETS STROY COMPANY EOOD KERVANOV 74 EOOD VIDERI EOOD VID PERFEKT EOOD MORDOVIYA OOD ET TERZI - STEFAN VASILEV STROY INVESTMANT GRUP OOD VENTANA TREYD EOOD STROITELNO TARGOVSKA KANTORA EOOD DZZD STROITEL - MARITSA DANIERA EOOD ANIKO-09 EOOD IDEAL INZHENERING EOOD BUL TRADE FACTOR EOOD ET TSVETA - TSVETANKA SAVOVA SCANWEL INVEST EAD VIP TREYDING BILD EOOD ILPROEKT EOOD UAYT BILD EOOD BANGIEV EOOD M.I.TS. BILDING 2018 OOD NIYA HOME OOD STROITELSTVO GROZEV OOD VA BUL SARVIZ EOOD EL - TEL - ENGINERING OOD IG STROI EOOD PST GROUP EOOD OPTIMAL BUILDING EOOD STOMIS 2002 EOOD ECOMAT EOOD DEVA 1 EOOD LEVSKI SPORT INZHENERING EOOD MARVEN STROI EOOD AKTIV OOD DZZD PIRGOS 2016 SITY BILD EOOD IMMO BALKAN OOD LUKSBILD INZHENERING EOOD SEYF ENERDZHI 99 DZZD NOV PROEKT BURGAS OOD SOFSTROYINVEST BILDING EOOD SIM-77 OOD DIVA BILDING EOOD STROY DOM-92 EOOD DANAILOV 93 EOOD ARIY 11 EOOD KRASI BUL - EU EOOD BOMIT EOOD COMFORT-ART EOOD BELNI KANSTRAKSHAN DZZD ZOLDI BG OOD ECOFORIA OOD LOTUS STROY OOD ER SE STROY EOOD ET MILCHO DONCHEV D - M STROY 2017 EOOD IKO KONSULT OOD PONTIKA 59 OOD FUNDAMENT INVEST EOOD VARAKS STROY EOOD KARSTROI 2017 EOOD KOSMO IN OOD VIKTORIA 98 EOOD ROZHEVSKI 61 EOOD YOLI 85 EOOD NOVKOV INVEST EOOD KVARTA - S EOOD HORIZONT-PLEVEN EOOD MGL BILD EOOD VISTO 08 OOD VARNA CITY PARK 4EOOD EOOD BLUPARK EOOD ET DIYAN DIMITROV - VARIANT EKRO BILD EOOD PROGRESSTROY INZHENERING EOOD AY END DI BILD OOD EL PI DZHI PROPARTI EAD BOHEMIYA SITI OOD ARGO 19 OOD GLOB BG EOOD NIK - STROI 06 EOOD BUILDING COMPANY 2009 EOOD YULIYA-LB EOOD LIGHT PROPERTIES EOOD LUXSTROY INVEST OOD KASKADAS 16 EOOD BREGALNITSA ESTEYTS EOOD KOMPANIA ZA LUKSOZNI IMOTI OOD KOMFORT - 05 EOOD CORDEEL BULGARIA EAD POLSTART EOOD GD INVESTMENT EOOD GENBUILD EOOD AKVA 3 OOD M-STANDART EOOD EVROENERGIYA OOD DOMINAL OOD SONAKO EOOD TEKTONIKA PLYUS OOD 235 DIVELAPMANTS EOOD DIMITROV D I S INZHENERING EOOD BILDSTROY INZHENERING OOD DZZD KONSORTSIUM BIGLA III - EVROPLAM KIV-2008 EOOD MIG- 1991 EOOD ROSPAT EOOD AVADES EOOD INVEST BILD - 2003 EOOD DOM NEDELCHEVA EOOD ST - STROI EOOD KREAL-21 EOOD GREYS TREYD EAD SK MARINSKI EOOD EUROBUILD VS EOOD VITOSHA BILD 2000 EOOD ATANIK OOD METALSTROY GK OOD R BUILD 66 EOOD ETERA BUILDING OOD FUTURA HOUMS EOOD EKIP 2000 VARNA EOOD KLK CONSTRUCTION GROUP EOOD HIT-67 EOOD SALG INZHENERING EOOD VABUL ESTEYT EOOD ZHILISHTNO STROITELSTVO STEFAN STEFANOV ET KARAMEL-DZHEFER CHAUSHEV EVRO-INVEST EOOD EOOD KATRIN EOOD ANRAD-3 EOOD BELT ENGINEERING OOD MONOLITNO STROITELSTVO EOOD KOEV EOOD LIMK OOD AKVABIT EOOD NEONOI EOOD BLD LEND EOOD BRIZ YUG 2 OOD BULGARIAN BUILDING COMPANY EOOD ARTDOM STROY EOOD VIVA AS BILD EOOD DAG OOD VANEV KONSTRUKT EOOD EMR RENOVATION EOOD HIBRID BILDING EOOD ELIT PERFEKT EOOD PROGRESS BILD EOOD BG BAU INZHENERING OOD ET GARANT - YULIYAN GEORGIEV HERMES INVESTMENT AD M STIL MLADEN ATANASOV ET ET TSVETA-GERGANA - VASIL HADZHIYSKI ZAVODSKI STROEZHI KOZLODUY AD DRALCHEV STROI EOOD DIKO ENGENERING EOOD HAUSE RENOV SILISTRA EOOD A I N INVESTMANT OOD IVANOVI & KO OOD IZLAK 1 EOOD VITOSHA VIEW ESTATES OOD BILD INVEST - N EOOD ARSI EOOD ALFA COMMERCE EOOD BM KONSULT 93 EOOD GURU STROY EOOD NIPSTROY - 1 EOOD TI GROUP STROI 1 EOOD M I N T EOOD ANS-ENGINEERING EOOD LINTEL EOOD POELT D EOOD BRAVIS BILD EOOD DELTAKOM INVEST EOOD AYDZHAN STROY EOOD SILA OOD BENI GROUP 95 EOOD IKAR 1950 EOOD NAKS - 13 OOD SKORPIO M VESELIN MARTINKOV ET PAMSTROY EOOD AYVA OOD KRASIMIR PEHLIVANOV STROYPRODUKT ET REYTON EOOD TEMPO-N EOOD MMS 88 OOD KAMENICA STROY 1 EOOD DVORANA AY DI EL EOOD BENKOVSKI HILS EOOD STEFIKA 2013 EOOD 37 SeeNews Industry Report

FAN-TECH EOOD PLANEX INVEST OOD ODRIN KRASTEV EOOD HEXAGON-HOME EOOD BOLKAN BIZNES TSENTAR AD LATEKS - LYUTFI HYUSEIN ET LEDENIKA SPA EOOD VEKTRO EOOD OF BUILDING EOOD ACTUAL-M EOOD BORISOV-31 EOOD EXPERT CONSULT - K EOOD DZZD GEO-DEP-STROY ANHIALIA 2016 DZZD DEMZ 2007 EOOD KAMSTROI EOOD STROYINVEST EOOD VALKONI EOOD GEOKAM PLOVDIV EOOD STANCHEV OOD SOFIA CONSTRUCTION SYSTEMS COMPANY KOSTADINOV 06 2 EOOD BULGERMED INVEST EOOD KOLU FICHETO 2013 EOOD EOOD FALKON KANSTRAKSHAN OOD EVROLUKS 18 EOOD BI.EFFE.BI OOD NAKOSTROY EOOD VASVESIM EOOD ARGO STROY BG EOOD HAYTOVI SIE OOD RUDI BILD EOOD BOLCAN DAINAMIKC EOOD BG KO DZZD VIPA STROY OOD DZZD INZHENERING SANIRANE BURGAS 2015 TEKOM OOD AGROSTROI SP OOD AGRO INVEST CORPORATION AD GAYTANOV, PENKOV I SINOVE OOD EY SI DI STROY EOOD PARTRADE OOD STROITELSTVO I PROEKTIRANE - PETKOVI EOOD AGROFERMSTROY EOOD DACHEV - BUILD EOOD BILD ON TIME - 2017 EOOD AKTIVNI RESHENIA EOOD PRIMA BILD PLYUS OOD POLIEVROPROEKT SIKO SARVIS OOD SOLO TREND OOD STROYKON EOOD STILSTROY OOD ART BILDING 2008 OOD ETAL M STROY SK EOOD DI ES DZHI MODUL EOOD VISTA MARINA EOOD KOSTADINOV 06 EOOD NI - REX 1 EOOD NEOSTROY 2000 EOOD PATSTROY LEVSKI EOOD MIHNEV STROY OOD SOLUN-43 STROY EOOD KRASIMIR TRANKOV ET PLANIRANE INVESTICII I STROITELSTVO EOOD PSG JSCO AD CATALINA GROUP OOD BILDING KOMERS PRIRODA EOOD STOYANOV I SIN 1976 OOD MESTROY EOOD MONTAGE BUILDING CONSTRUCTIONS AD BESAPARA STROI EOOD ET ANTON MITROFANOV FI STROY EOOD SAULE INVEST EOOD RIVAS OOD A I A 71 EOOD MN KAR - 2 OOD EMH 1 EOOD IVAN ALEKSANDROV - 93 EOOD FUTUREBUILD GROUP EOOD GTK HOME OOD BERK STROY EOOD ASTO STROY KANSTRAKSHAN EOOD DIMSI 91 ILIA TERZIEV ET VMBILDING EOOD BI SI VI EOOD BUILDING MASTERS EOOD EMTEYA PROPARTI GRUP OOD ENKA 1 EOOD ET AKVASTROY - VASIL MARINOV IDM VT EOOD NIK STROY KOLEV SD EM AY INVEST EOOD ALFA STOK EOOD FORMIKAZA OOD SAVOV TREYD EOOD FHOENIX 1996 EOOD TIPS OOD STROICOMPLEKT OOD GARANT HRISTO YOVCHEV ET E-M1 - INVEST EOOD MALIBU-BG EOOD EDISTROY EOOD EKLEKTIK BILD EOOD MM INVEST GRUP OOD NOTE OOD NIKOL STROJ VELIKO TARNOVO EOOD OLIMPIA BIYCH OOD ART SS EOOD BALABANOV ESTEYT EOOD HERASTROY EOOD STANDART-05 OOD VARUH EOOD MARVAL INVEST OOD MINAS NATIONAL EOOD BULGARIA DIVELOPMANT /HOLDINGS/ LIMITED ANGUS STROY OOD SIMOV STAN EOOD PROMOD 2014 EOOD EAD APOLON DK OOD RI START EOOD VIPSTROY INZHENERING V EOOD VIP OBSHTEZHITIE OOD AL ELHAM BG CONSTRUCTION AND TRADING DZHI PROEKTIRANE DZZD LIONIX EOOD DIADA BC EOOD COMPANY EOOD KOMFORT REZIDENS - SIMEONOVSKO OOD ALFA INVEST EOOD NORMAN OOD RUD-VARNA AD METASTIL EOOD STROI KOMFORT 12 EOOD DZZD BIGLA III - PRESTIZH BIZNES AY DI PRODZHEKTS EOOD DEYVSTROY EOOD TIDAS EOOD TRI MEN BILD OOD ALARKO I SIE EOOD SA GROUP BULGARIA OOD STROEZHI 2017 OOD INFRASTROY SM OOD ELEGANS BILDING EOOD TOBO-ZAPAD EOOD HOUM BILDING 40 EOOD TENEO EOOD NIMAT SERVICES EOOD BULIMPEKS BG EOOD PROFGRUP PGSS 2017 SOFI 95 OOD STRONG SITI EOOD MIDA BILDING EOOD ADATA INVEST EOOD EVROSTROY INZHENERING EOOD PINDI EOOD METALPLAST DIMO NAYDENOV ET TANDEM INVEST OOD GEO-INVEST EOOD PROGRESSTROY 45 OOD ZEDA EOOD UNISTROY GROUP EOOD S BUILD 1 EOOD UNISTROY SOFIA EOOD OMNI STROY EOOD ASITINVEST EOOD APEX 1973 OOD PI ER2 DIVELAPMANT EOOD RAHOVETS ARHITEKTURA I STROITELSTVO KRISTEH 84 EOOD DZZD OBEDINENIE TICHA 16 B4 EOOD MAUNTIN TRAST AD ET VODACH - HAMDI RAMADAN KONSORTSIUM STROYKONSULT VARNA SITI EOOD MEDIA INTER GRUP EOOD STYLEBUILD 2014 OOD SPS - 89 OOD BLD M EOOD AY BI TI KOM EOOD VASER PROEKT EOOD ESTRELA VALONTI EOOD OBEDINENIE OBNOVYAVANE SGRADI DZZD VINSTROY EOOD NOVEKAM EOOD V N BUILDING EOOD USTOI INGENERING OOD G.V.H. MENIDZHMANT AD PETKOV PROPARTIS GRUP ALFA EOOD OBEDINENIE MSKG DZZD TEOINVEST EOOD VIP REMONTI.BG EOOD ART BILDINGS EOOD PROJECT MANAGEMENT GROUP EOOD BOZHKO SANDOV EOOD ARTEL EOOD LEMAR - MARIO LEPOEV ET TEREX COMERCE EOOD EVRAZIYA 2013 OOD HIT INVESTMANT OOD TM INVEST GRUP OOD FA BUILDING EOOD ABRESTA OOD SITI HAUS OOD SAGA INVEST OOD S I STROY EOOD APARTS BG EOOD KSM STROY OOD KOMPAKT 21 OOD DIMANT INVEST OOD HORIZONT PRIMA CONSTRUCTION OOD TEHNOSTROY INVEST EOOD KAPITOL MANAGEMENT EOOD ASTROY 89 OOD GEDRA EOOD DARVI EOOD RESTAVRATSIYA 02 EOOD GRANIT 91 OOD MARKOVI BG OOD MAXSTROI 2011 OOD EVROPA 7 EOOD B.U.F. - BALGERIAN UARK FORS EOOD TAKT INVEST OOD M & M 2004 EOOD AVEL EOOD YANIMAX EOOD TRAKIYA BLOK 3 POLIKOM-INZHENERING EOOD VMJN BG EOOD GM-STROY OOD CADET CONSULT STROI EOOD AVGUSTA TRAIANA STROY EOOD VAL - MAX 2009 EOOD DZZD ELEKTRA-LAD NATIF PROEKT OOD CC CEPITAL INVEST EOOD LAYTING INZHENERING OOD BLD TRIADITSA EOOD PLAMEX GROUP EOOD IZLAK 11 EOOD RUSEV STROY EOOD HARISAZ EOOD REI-BI-AS-STROYEXPORT EOOD VIGOLTD EOOD AS-TRADE -07 EOOD D4 KAMPANI BULSTRO 2009 EOOD NSK 1 EOOD AT ENGINEERING OOD ALTAI - GD EOOD NACHEV STROEZHI EOOD R.V.K.ZH. EOOD BREVAS OOD ET VESISTROY - 2011 LYUBEN MIHAYLOV DZZD ODESOS INTERHOLD CREST BUILDING SZ EOOD ROMIDO OOD FENDER EOOD TOP STROI EOOD 38 SeeNews Industry Report

ET ALERT-TODOR TODOROV ARKSTROI - RA EOOD PAMAR GRUP OOD GALAMAR EOOD DIASTEMA EOOD MEN STROY OOD KIMA KOMERS OOD BENALU EOOD GENERALI 2018 OOD INVEST KOMERS 2016 OOD RAYA SITI STROY OOD PRO EVRO BILD OOD VASIL KOSTOV INVEST OOD KOMPART EOOD DZZD PRESTIZH-PARSEK HRANKOTOSH EOOD BNP VARNA OOD DELUX IN EOOD ARUBA GRUP EOOD IDONEUS OOD SOFIYA INVESTMANT TIYM EOOD EVROPROEKT BILD EOOD MMT GRUP DZZD ELENGINEERING LG EOOD VITA LUX BG EOOD BEYKARVIL EOOD PRIM INZHENERING EOOD ABA TREYD EOOD DZHI EM KONSTRAKSHAN OOD BULGAZ INJENERING D EOOD STANDEN & CO OOD AS 2003 OOD DIMITAR PIRNAREV EOOD BUILDCOM OOD ROMEDA BILD EOOD SERDIKA BILD OOD BUL-ENG INT EOOD MONI ESTATE 1 EOOD MONOLITSTROY - CHORBADZHIYSKI BAYKUSHEV KOREKT BAU EOOD OOD EKSTA EOOD VENI STROY 55 EOOD V I K SISTEMS TREYD EOOD BULVAR BILDING OOD VEGOMET EOOD VIDEV 709 EOOD TSAFA EOOD KAPITALSTROI - 08 OOD PK INZHENERING DZZD AKVA PROPARTI INVEST AD UNIVERSAL BUILD EOOD STROY SP EOOD ASGARD OOD MISIA NOV DOM EOOD CITY BUILD 82 EOOD SH GROUP EOOD EM END VI GRUP EOOD ALEKS INVESTMANT 16 EOOD LORI STROITELNI RESHENIA 86 EOOD STRAHILOV STROYINVEST EOOD EVROSTROI-VT OOD STROIKOLUX SOFIA OOD KOREKT 94 SS OOD A N A EOOD MB INZHENERING 2001 EOOD IZIDA-INVEST EOOD VISMAR INZHENERING EOOD ITARNATI 2015 EOOD GARFILD EOOD RUSTIC-BULGARIA OOD IMVAR 3D KONSULT KIRIL SABEV I S IE SD BUILDING GROUP SMLTD EOOD BELMIN 99 EOOD BUENOS AYRES EOOD IKARUS KYU OOD SAFKAPITAL EOOD KONAKO EOOD AIR STROI OOD PITER INVEST EOOD KEY BILDING EOOD AP BILD OOD SLANCHEVI POZDRAVI EOOD EKASTA OOD TRIADA TRANSPORT AND LOGISTICS EOOD VALGRAS EOOD EMM INVEST GRUP EOOD BILDING P DZZD SDRUZHENIE DG KALINKA 2017 DZZD UNISTROY SEVER EOOD YUSCO CONSTRUCTION OOD ARIETE CAPITAL OOD VEDASTROY - DV OOD SD YUGEMAN - KAYRYAKOV, MANCHEV, NIK - 5 EOOD DEUTSCHES HAUS OOD DIMOVA I S-IE COMFORT BG 2 EOOD STAR CITY EOOD MELSTROY 2007 EOOD AGROBUILDING EOOD KARI A1 EOOD TEHNODOM-INVEST OOD MEATSA EOOD SACH STROY EOOD STROY - PLOVDIV SOLARTRISITI OOD AS STROY YANKO SLAVCHEV ET EVROBILD-M1 OOD NADEJDA ENTERPRISE EOOD NEW GLOBAL INVEST OOD BRATIA BALACOVI OOD SUNI - 77 EOOD BESTROI BG EOOD AVESTA 92 EOOD SEMO GRUP INVEST OOD AVA - INVEST OOD PONSSTROJINJENERING AD INVESTSTROI BILDING EOOD LUX STROY 2006 EOOD VILANOVA RIALTI OOD G V H TREYD AD GYURSTROY EOOD DRIYM HOUM DEVELOPMANT EOOD IG STAHL EOOD STOUN DIZAIN - BG EOOD VAKLIN GRUP - NADEZHDA EOOD ELEKTRA PROPARTIS EOOD KAYA TREYD EOOD SHAULA EOOD TEO BILDING OOD DIKS STROY EOOD OBERON- D EOOD MILKREYD OOD NYU BILDING PROPARTI OOD NOVA E STROY HOLDING OOD ALEKSANDAR GRUP 2010 EOOD KRIS-BILDING EOOD DZBILD OOD STROITEL - GEOTSVET INFINITI BILDING EOOD SMART BUILD OOD TSSI TSVETANA STRAHILOVA EOOD ASI-R EOOD DANEKO EOOD CLIMASTROY ENGINEERING EOOD EXPRESS GARANTION OOD UVEA EOOD SERVIS INVEST EOOD LOBUTOV INVEST 1 EOOD ALTERA SP EOOD ALFA KONSTRUKT EOOD ILSTROY EOOD AKSA 71SO-LTD EOOD INVEST BUILDING SILISTRA OOD SV BUILDING COMPANY OOD DZHI VI AY ELEKTRIK OOD KL BUILD EOOD DINESO EOOD LUNIK INVEST EOOD NOVOSTROENE EOOD APART INVEST 1 OOD BILD INVEST OOD STROYTRANS EOOD ATISAN EOOD AUGUSTA STROY EOOD BDK STROI OOD BILDING 2003 EOOD IRASOFT PROEKT DZZD AUTO SOFT CORRECT EOOD DJIGI STROI EOOD K I K MAKS GRUP EOOD DI VA - PLAST OOD BDIN-STROY EOOD SLE GRUP 01 OOD SAREL 14 OOD MARINOV-SM EOOD INTERSTROY - 2003 EOOD IZOTRANS INZHENERING EOOD CHAMKORIYA DIVELAPARS EOOD SK REMSTROY OOD TURMAKS OOD EL DJI GRUP AD RENIUM 1 EOOD DI END AY BILDING OOD UNIVERSTROY - STOYANOVI EOOD ILMAR STROY EOOD GM BILD EOOD COREKT STROY 2017 EOOD ENDZHIBI KANSALTING EOOD DZZD SSS - NAUCHNO-TEHNOLOGICHEN PARK GANCHEV STROYRESURS EOOD MASTERS DJ PROPERTIS EOOD DRIYM REZIDANS 3 EOOD DELAR INVEST EOOD LYULIN - LUKS OOD M K INGENERING EOOD SHARUS OOD IZOMONT EOOD SS PANCHAREVO EOOD PESIMA CONSULT EOOD BON MARSHE EOOD 2016 PARADISE HOME EOOD VIP BILD EOOD ALEKSANDAR INTERNEYSHANAL EOOD BEN - BOU OOD DELTA STROYINVEST EOOD ET EKOART INZHENERING - IVAN IVANOV M K STROITELSTVO I INZHENERING EOOD INZHENERING VAS STROY EOOD INVEST ALIANS EOOD NEDSTROY EOOD BI END EF KEAR EOOD STROITELNA KOMPANIYA ES BI ES AD TENIL SLLC. EOOD UNI STROY BILDING EOOD SK BILDING AD ELTON 98 EOOD MODULNA EOOD D I D BILD EOOD GAMI OOD IDOL PROPARTI OOD PIKSI STROY OOD PARVOSTROI-G EOOD KRASIMIR KRASTEV 69 ET TROHLEV-BG EOOD TANTIEMA PLOVDIV EOOD NESTE+ EOOD SOFIA KEPITAL OOD STROY INVEST-POPOVO 2017 MAKRO KONSEPT EOOD BSB INVEST EOOD KOEM GRUP EOOD BYALASTROY OOD KIMIS GRUP EOOD MA & MA 73 EOOD NAYS BILD EOOD KOSTADINOV BILD EOOD SGS ENGINEERING EOOD ARENA 23 EOOD JK BUILD EOOD TRANSSTROY INZHENERING EOOD STILSITI EOOD PROGRES BILD OOD KDT - 2015 EOOD NIKO - N STROY EOOD BETONSTROI EOOD KALIOPA - P OOD MNM BEL EOOD CENOV - M EOOD MAKBILD 11 EOOD SIM OOD MARIN GEORGIEV-2000 OOD VI EYCH BI EOOD TURHI TURHUT ISMAIL ET GSS BARGO EOOD PRESHAS STOUN OOD PROJECT ZLATNA OOD SPIDITREYD MAKS OOD STROIKOLUX DJABAROV EOOD MONOLIT SOFIA AD 39 SeeNews Industry Report

ALIOT OOD MASTER-1 OOD SMAD-M EOOD BUDEV BG EOOD MIRCHO IGNATOV ET ZARNOMEKS EOOD ALIMI KO EOOD DEKO DESIGN END BUILDING EOOD AVRAMOV - 1 EOOD RUBAJAT STROI EOOD HOMEBUILD EUROPE OOD BUL STROY BG EOOD ELEVATION 17 EOOD KRASIVI ZHILISHTA KP 2017 DZZD MARKOVO STROITELSTVO EOOD MR SENKOV EOOD G-M-D STROY ENGINEERING OOD MX STROY OOD SPIRIDONOV BG OOD VIKTORIYA VYADI EM EOOD IZZIDA EOOD ATRAKT GRUP OOD BULBILD 1 EOOD EVROKORP EOOD PRIMASTROI 21 OOD BUILDING FRAGMENTS OOD YANAKI I SIN OOD MIG INZHENERING 2001 OOD IVEM 1977 OOD STINERDZHI DZZD MKMB MIDZAR OOD ARAPYA BILD EOOD SD FILEV HADZHIYSKI SIE VENI MI EOOD GEMA EAG OOD STRONG BILD 2016 OOD BULGARIA ESTEYT 2007 OOD A L N I OOD BASTET GRUP 2013 OOD CELTIC - SLIVEN OOD PRAYVIT UOTAR HAUZ OOD KARAKOLEVA STROY EOOD METROPOL INVEST OOD UNIVERSAL STROY REZIDENS OOD MOTO EOOD GEO KRI EOOD S I D STIL EOOD BUILDERVILLE EOOD STROIKOMERS-58 EOOD DINSTROY INZHENERING EOOD PROPARTIS EOOD ALDES 1 EOOD RAKURS-R EOOD PIEM STROIENGINEERING EOOD MERITON BILD OOD LUKS BILD BG OOD DARHOUM EOOD ALPHA-4 EOOD BLUE STORM OOD KACHESTVENI POKRIVI 07 EOOD POSEYDON PRODZHEKT MENIDZHMANT OOD KULINSKI INVEST EOOD ANJSTROI-1 EOOD OS STROI EOOD INVESTCO EOOD TOBO - APARTMANTS 2 EOOD RETIRO EOOD VIAS INGENERING OOD KALAS TRI OOD TECHNO ENERGY OOD VENUS LUKS INVEST EOOD ROSBUILD EOOD AGLIKA STROY OOD DAP STROY EOOD BAMAKO 1001 OOD M N GROUP INVEST - 1 EOOD INZHENERING LOT 14 DZZD VIKSTROI EOOD RAVELIN OOD ITA STROY EOOD EM GROUP SHUMEN EOOD GRADINITE OOD HAS INVEST EAD DLA CONSTRUCTION OOD MISHO STROY 78 EOOD EE DZZD TRANSINVEST - HIDROSTROY SOFBULTRADE - 7 EOOD BULSTROY KONSULTING EOOD INFRASTROY INZHENERING OOD DZHI END KEY PARTNARS OOD EVROSTANDARTSTROY EOOD REAL 2013 EOOD BASHARAN-2007 EOOD BOSSTIL EOOD BAUCRAFTS EOOD YUVAKS EOOD VAKLIN GRUP - STUDENTSKI GRAD EOOD SIDONIYA 2015 EOOD DREAMVILLE OOD MARTEO 2011 EOOD RENKO BG EOOD MAGISTROY - BORISLAV KOTSEV EOOD DELTA INVESTMENT GROUP EOOD CVETI TRANSSTROI EOOD K I K KRASI 2012 EOOD DG INVEST GROUP EOOD TANCHEV EOOD IVANOV 53 EOOD SARAFOVO HOMES EOOD AS GARANT EOOD STROITELSTVO NA SGRADI I SAORAZHENIA EOOD BAEV STROI GRUP EOOD KEY END KEY DZHENERAL TREYDING OOD EVK 1 EOOD ATIVGROUP EOOD ALEK 09 EOOD SENTRADO EOOD DAS STROY OOD KRASSTROY OOD SEYFO GROUP EOOD BIBITA EOOD ET LAKI - KRASIMIR DASKALOV SLAN0727 EOOD AKVA GRUP EOOD MIRTAL AKVA EOOD EUROBULPROJECT EOOD TAYMS GRUP OOD DIOGEN STROY EOOD NEMO CONSTRUCTION EOOD AKVILON INVEST EOOD START INVESTMENT GROUP OOD PI ES DI INVEST EOOD NIKI STROY 2017 EOOD WAIT EOOD GARANT TODOR KOSTADINOV OOD VIP SITI INVEST EOOD KAMENITSA HIL REZIDENSIS AD ARNAUDOV BILD EOOD OAZIS - STROY BG EOOD DELTA DVE PRO EOOD MIL STROY BULGARIA OOD BIO PRO DESIGN EOOD DIA OOD SOFBULTRADE - 6 EOOD GENIOS ENGENEERING EOOD VIP INVEST 2000 OOD DZZD SO SOFIYA TRAST IZOTEH MEGE INVESTMANT EOOD K M ART EOOD TIT 77 EOOD SITI 117 EOOD DK - BLAGOEVGRAD EOOD N P INVEST EOOD EPSILON INVESTMENT OOD DOMOLUXE EOOD TECHNO INVEST EOOD GLOBAL RESOURCE EOOD DHBUILDING EOOD KONSTANTIN BILD GRUP EOOD AURA GRUP 81 EOOD AGROVODSTROY EOOD ATAY - 2012 EOOD PETKO HRISTOV LAZAROV BULBILD BG EOOD ELISTA OOD AURA GRUP 84 EOOD MESAMBRIA 2014 EOOD RAL MAR BILD EOOD MMS CONSTRUCTION OOD ROYALBUILDING BG OOD BEYKAR - R EOOD MERIDIAN EOOD SANI KORT OOD SD-VIK GROUP EOOD KIMIMPEKS PROPARTIS OOD STILYANA OOD -STEVO - 2018LTD OOD KONSORTSIUM LIVTAS 2016 DZZD SZ INVEST EOOD RESIDENTIAL COMPLEXES ORCHID OOD HERCESA BULGARIA EOOD BRAVO 99 EOOD GEMSTROY - 97 EOOD NIVELI MM EOOD BILD FINANS EOOD ARCHADIA 2004 EOOD AKTUALKAD DZZD UNIVERSAL STROY KONSULT OOD VARNA SITI PARK 1 EOOD H.FUNDA AND INSAAT BRANCH PLANER 2005 OOD ET MARTIN ORLINOV RKEM GROUP EOOD DZZD PSG-REST GREENLIFE-KAVATSITE EOOD ADEL OOD SJ GROUP EOOD TT BURGAS DZZD ZHIVKOV GRUP OOD AST ENGINEERING OOD PROJEST ESTATE EOOD NEDIM OOD TRISENS EOOD SNEFERU EOOD M-A INVESTSTROY OOD EVIDENCE ENGINEERING OOD SA ENGINEERING BG EOOD ES ES GRUP 2 EOOD TODOR ALEKSANDROV ART STRO EOOD DIVELAPAR EOOD ENEO EAD DZZD AY EM STARA ZAGORA EE DZZD MAGNOLIYA 4 OOD LEMIRA INVEST EOOD LAMDA DIVELAPMANT SOFIYA EOOD ELPIDA 6 OOD DAMYANOV BILD EOOD ELPIDA-1 OOD VODOLEY 96 EOOD SITI HOUM EKSPO EOOD MANOLITO-2011 EOOD INZHENERING DZZD TIVIDI - 97 EOOD EVROSTROY BULGARIA EOOD TI VI BI OOD ESTEL STROY EOOD FLAGMAN INC EOOD PR HOLDING EOOD BUL RUUF OOD MARKAN EOOD TAROSHI EOOD ET DELEKTRA-DELKA KAMBUROVA STROY 47 EOOD ORION LIGHT BG OOD U STROI EOOD VEGA HOMES EOOD ALEN MAK 2015 EOOD RIOLI INVEST EOOD PGS PLOVDIV EOOD N G N ENGINEERING 2016 EOOD BERSTROY EOOD PRESTIJ PAUNOV EOOD IRON BUILDS EOOD PMU PLEVEN OOD ROK SOLID EOOD LIFESTYLE DELUX EOOD INOPLAN EOOD ET SANDEY - OLGA MOLLOVA NYU SAN INZHENERING DZZD HEDERA INVEST EOOD DIVELAPMANTS EOOD G.B.G. STROY EOOD CITY STROY 63 EOOD STROITEL SM EOOD FAMILIYA BUHLEVI EOOD IMOTI INN EOOD AVGUSTA STROY PRIM EOOD SUNNY HILL EAD 40 SeeNews Industry Report

ARTUR 2007 OOD AKM KANSTRAKTING OOD LATKA OOD PLANEKS NORD OOD ORLOEVBILD OOD ELEMAR INZHENERING EOOD MODIKA ESTATES EOOD ALMAKS FINANS EOOD KOMFORTSTROY 2017 DZZD MELL EOOD NAYA EOOD BULCON - TRANS OOD DZHI STROY VARNA EOOD POPOVO 2017 DZZD EMONA 2003 OOD STROJKOMERS-2001 OOD KONSORTSIUM AKTOR DZZD NIKAR PRO EOOD ONIKS H OOD A B STROY 07 EOOD 41 SeeNews Industry Report

material, misinterpretation and any all loss, disappointment, negligence or damage caused by reliance Do not hesitate to on the information contained in the industry report or any failure or alleged failure in the delivery of the services referred to herein, or in the event of contact us bankruptcy,liquidation or cessation of trade of any company, individual or firm referred to herein. Confirmation of the information accuracy should be sought from the establishments concerned or from We’d be glad to discuss our services or your project in SeeNews upon explicit request. detail and help you come up with a solution. 6. SeeNews shall not be liable for any damages (including, without limitation, damages for loss of business or loss of Email us at [email protected] profits) arising in contract, tort or otherwise from the use Call us on +359 2 80 12 630 of or inability to use this industry report, or any data Live chat available at SeeNews.com contained in it, or from any action or decision taken as a result of using this industry report or any such Disclaimer information.

Whilst the information contained in this industry report 7. SeeNews accepts no responsibility for the content of any has been given in good faith and every effort has been site to which a hypertext link from this industry report made to ensure its accuracy, SeeNews cannot guarantee exists. Such links are provided for your convenience on an the accuracy of this information and hereby expressly “as is” and “as available” basis with no warranty, express or disclaims any responsibility for error, mis-interpretation implied, for the information provided within them. and any and all loss, disappointment, negligence or damage caused by reliance on the information contained 8. If any of these terms should be determined to be illegal, in the industry report or any failure or alleged failure in the invalid or otherwise unenforceable by reason of the laws delivery of the Service referred to herein, or in the event of of any state or country in which these terms are intended bankruptcy, liquidation or cessation of trade in any to be effective, then to the extent and within the company, individual or firm referred to herein. jurisdiction in which that term is illegal, invalid or Confirmation of the information accuracy should be enforceable, it shall be severed and deleted from the clause sought from the establishments concerned. Unless concerned and the remaining terms and conditions shall otherwise stated, the copyrights and any other rights in all remain in full force and effect and continue to be binding material on this site are owned by SeeNews. Use of this and enforceable. industry report is provided by SeeNews subject to the following Terms and Conditions: 9. By accessing and reading any part of this industry report, you should have accepted these Terms in full. 1. Use of this industry report constitutes your acceptance of these Terms and Conditions which take effect when All rights reserved. Downloads and print extracts of you first use this industry report. SeeNews reserves the SeeNews are allowed for personal and non-commercial right to change these terms and conditions at any time by use only. Re-publication or redistribution of content, posting changes online. You are responsible for reviewing including by framing, is strictly prohibited without the regularly information posted online to obtain timely prior written consent of SeeNews Ltd., Sofia, Bulgaria. notice of such changes. Your continued use of the industry report after changes are posted constitutes your acceptance of this agreement.

2. Neither SeeNews nor other related parties, whilst endeavouring to provide 24/7 availability, will be held liable if for any reason the industry report is unavailable at any time.

3. Access to this industry report may be suspended temporarily or permanently and without notice.

4. Whilst SeeNews endeavours to ensure that the information on this site is correct and up-to-date, no warranty, express or implied, is given as to its accuracy and SeeNews does not accept any liability for error or omission.

5. Part of this industry report contains materials submitted to SeeNews by third parties. Third parties are responsible for ensuring that materials submitted for inclusion on this industry report complies with national and relevant international law. SeeNews can not guarantee the accuracy of this material and hereby expressly disclaims any responsibility for error, omission or inaccuracy in the

Powered by TCPDF (www.tcpdf.org)