Bulgarian electric yacht manufacturer Helios Marine is aiming to raise more than 3 million euro through an initial public offering (IPO) of shares on the Bulgarian Stock Exchange.
The IPO comes as the Burgas-based company opens a new production facility specialising in the serial production of electric vessels.
The new facility incorporates 1,100sqm of production space which houses the company’s own battery line together with laboratories for electronics testing and system integration.
The facility marks a new chapter for the company which began life as a startup in 2021.
“Bourgas is the right place for what we do. We grew up on the sea, we test on the sea and we produce on the sea,” explained Dragomir Enchev, Helios Marine co-founder and CEO.
“The road from garage to serial production was long, but the most important thing is that it happens here.”
Strong interest in electrical solutions
He added: “Going public is a natural next step in the development of Helios Marine.
“We see strong interest in electrical solutions in the marine sector and we believe that this is the time to accelerate our growth, expand production and strengthen our position on international markets.”
The funds raised will be used to finance sales and marketing, product development, working capital and general and administrative expenses.
The company says the goal will be to achieve timely and high-quality fulfillment of commercial commitments related to agreed and expected orders and sustainable positioning of the company in the market.
Three yacht models
The company is aiming to sell 20 yachts and 100 batteries this year amounting to almost 2 million euros in operating revenue.
Helios Marine produces three models of yachts – the Alpha, Omega – of which the Omega 7.2 received its global premier at Cannes Yachting Festival 2025 – and the Sigma.
The company is also developing the Helios Marine Link platform, a system for managing and monitoring ship functions in real time.
The company was founded as Helios Yachts by brothers Dragomir and Dimitar Enchevi.
The IPO auction takes place on May 20 2026.
