Baltimore EOOD and an unknown subsidiary of Baltimore EOOD made an offer to acquire the remaining 23.98% stake in Lavena AD Shumen (BUL:4L4) for BGN 2.7 million on January 31, 2014. Baltimore offered to acquire the shares of Lavena at BGN 41.65 each. Lavena's management and the country's financial regulator are yet to come up with a decision on the buyout offer. In Early April 2014, Bulgaria's financial regulator approved the transaction.

Baltimore EOOD and an unknown subsidiary of Baltimore EOOD cancelled the acquisition of remaining 23.98% stake in Lavena AD Shumen (BUL:4L4) on January 31, 2015.