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 signifies Sirma's evolution from a regional technology leader into an internationally recognized enterprise software provider with enhanced access to European capital markets.
The ceremony took place with Sirma's Board of Directors, executive management, partners, and representatives from both the Frankfurt Stock Exchange and Bulgarian Stock Exchange in attendance. What distinguishes Sirma in the technology landscape is its unique position as a company that has built intelligent software solutions since its foundation in 1992. As a European technology group, Sirma delivers enterprise software solutions with a strong emphasis on artificial intelligence as a key enabler of business transformation, supported by its proprietary Sirma.AI Enterprise platform.
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.
Manyu Moravenov, CEO of the Bulgarian Stock Exchange, commented that Sirma's dual listing shows Bulgarian companies can successfully compete on the European stage while maintaining strong connections to their home market. Caroline von Linsingen, Head of IPO & Growth Financing at Deutsche Borse, added that this listing highlights the integration of European capital markets and Frankfurt's role as a gateway for innovative European companies.
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, demonstrating the mission-critical nature of its AI-powered solutions. As of late January 2026, the company's market capitalization stood at around EUR 77 million, with share price momentum continuing into 2026.
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 through the company's investor relations portal.
