Sirma Group Holding celebrated a significant milestone in its capital markets journey by ringing the opening bell at the Frankfurt Stock Exchange, marking the successful completion of its dual listing. This event opens new avenues for expansion into one of Europe's premier financial centers and represents the company's evolution from a regional technology leader into an internationally recognized enterprise software provider.
The ceremony included Sirma's Board of Directors, executive management, partners, and representatives from both the Frankfurt Stock Exchange and Bulgarian Stock Exchange. Sirma distinguishes itself in the technology landscape as a company that has built intelligent software solutions since its foundation in 1992, delivering enterprise software solutions with a strong emphasis on artificial intelligence as a key enabler of business transformation. The company combines deep industry knowledge with proprietary platforms and advanced artificial intelligence, delivered through its Sirma.AI Enterprise platform, to support organizations in their digital, data, and process transformation.
Already listed on the Bulgarian Stock Exchange since 2015, Sirma's debut in Frankfurt expands investor access, enhances liquidity, and strengthens visibility among international institutional investors. The joint efforts of both stock exchanges have created growth opportunities for new participants in the EuroBridge segment, where Sirma is listed.
Tsvetan Alexiev, CEO of Sirma Group Holding, stated that Frankfurt offers technologically savvy investors, proximity to core DACH and Western European markets, and governance standards that align with the company's philosophy. He described this as a defining moment that reinforces Sirma's decision to take a bold step forward into one of Europe's most established financial centers.
Manyu Moravenov, CEO of the Bulgarian Stock Exchange, commented that Sirma's dual listing is a significant achievement for both the company and the Bulgarian capital market, demonstrating that Bulgarian companies can successfully compete on the European stage while maintaining strong connections to their home market. He noted that Bulgaria's path toward the euro area is expected to further strengthen investor confidence and visibility.
Caroline von Linsingen, Head of IPO & Growth Financing at Deutsche Borse, added that this dual listing highlights the integration of European capital markets and Frankfurt's role as a gateway for innovative European companies, with the platform supporting Sirma by enhancing visibility and liquidity across Europe and beyond.
Sirma enters the Frankfurt market as an established European technology group with more than 800 employees and a distinctive heritage as an early AI innovator. Since 1992, the company has developed AI-powered software to address complex enterprise challenges across highly regulated industries. In 2025, Sirma generated consolidated revenues of approximately EUR 66 million, with 43% recurring revenue, and as of late January 2026, the company's market capitalization stood at around EUR 77 million.
The dual listing provides access to a broader analyst base and institutional investors who understand enterprise software economics and recurring revenue models. Sirma offers a de-risked entry point into European enterprise AI technology, differentiated by over three decades of proven AI implementation experience, a decade of audited financials as a public company, diversified revenue streams across multiple sectors, and continued investment in next-generation enterprise AI platform modernization. Investors can find more information at the company's investor relations website.
