Thu, Feb 09 2012

Company briefs

Fri, Jan 28 2005 02:00 CET

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· Orgachim AD has registered a new brand of paints, primers and adhesives DEKO Professional, the company said in a press release on January 21. The new series of specialised products designed for builders has all it takes to make a breakthrough in the Bulgarian market as they offer European quality at affordable prices. This year, Orgachim came out on the Western markets with its Leko series of paints and varnishes after making breakthroughs on the Turkish, Moldovan and Russian markets.

· Four million euro was invested in the construction of the Mr. Bricolage store in Varna and 80 jobs were opened, said Maurice Vax, chairman of the French company on January 20. Doverie-Brico AD is co-investor on the project. The long-term investment programme of Mr. Bricolage envisages the construction of further six stores in bigger Bulgarian cities by end-2006. The company is launching a social programme for vocational training and provision of jobs for children from social establishments and children of perished Interior Ministry officers this year.

· Consumer goods retailer K&K Electronics will spend 10 million leva on building a pair of new stores. The operator of the Technomarket Europe chain of consumer electronics stores will start implementing its plans for the expansion of the network in the early part of 2005. The two store openings planned for 2005 - in Rousse and in Sliven - will bring the outlet total to 14. The last launch was in late 2004 of a new 15-million leva store in Sofia's Mladost neighbourhood. The chain has already invested over 75 million leva.

· Fujitsu Siemens Computers reached for the first time the number one position in the mobile segment in Bulgaria with 25.3 per cent market share, the company announced citing preliminary market figures. The company performed as the most successful supplier of mobile products in the country with a 128.6-per cent growth in the Mobile segment, against 35.9 per cent average market growth. Fujitsu Siemens Computers recorded an year-on-year growth of 16.5 per cent in the fourth quarter and 23.4 per cent for the full year 2004 in Europe, Middle East and Africa.

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Appointments

British Council

British Council

Lyubov Kostova was appointed country manager of British Council Bulgaria effective January 1, replacing Tony Buckby, who left in October 2011 to take a similar position at British Council Greece. Kostova has been with British Council Bulgaria for 11 years, as public communications manager and, since 2008, as the head of project and partnerships department. Prior to joining the British Council, Kostova was head of international activities at the National Academy for Theatre and Cinema Arts (NATFIZ). She has a degree in Indian studies from Kliment Ohridski Sofia University.

CEZ

CEZ

Stefan Apostolov is the new chief executive of CEZ Razpredelenie Bulgaria, the power transmission subsidiary of Czech energy company CEZ in the country. He replaces interim chief executive Ales Damm, who remains the chairperson of the CEZ Razpredelenie management board. Apostolov has 30 years of experience in the energy sector, joining CEZ in 2007 as director of customer service and was later appointed as head of business development. Apostolov has a master's degree in electric systems from the Belorussian National Technical University in Minsc, management diplomas from Open University London and New Bulgarian University, as well as a master's degree in business administration from Plovdiv University.

Rompetrol Bulgaria

Rompetrol Bulgaria

Alexander Albin has been appointed chief executive of fuel distributor Rompetrol Bulgaria, replacing Nichita Sorin, who left to become chief executive of Rompetrol Gaz in Romania. Albin was previously chief executive of Rompetrol Georgia. He has more than 15 years of experience in the oil and gas industry; prior to joining Romania's oil group Rompetrol in 2008 as an adviser, he oversaw operations at Atyrau refinery in Kazakhstan, owned by Rompetrol's parent company KazMunaiGaz. He previously held top management positions at two other leading Kazakh oil and gas companies.

BASF Bulgaria

BASF Bulgaria

Valentina Dikanska is the new general manager of chemical industry giant BASF subsidiary in Bulgaria, taking over from Herbert Fisch, BASF vice president for Southeastern Europe. Dikanska, who started her career as an expert in the Finance Ministry, joined BASF Bulgaria as director of finance and administration in 2002. She becomes the first Bulgarian to hold the top management position in the company in its 40-year history on the Bulgarian market. Dikanska holds a master's degree in economics from the University for National and World Economy in Sofia.

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