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Company Briefs

Mon, Jul 11 2005 02:00 CET

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Natural material plant

· SWEDISH businessman Jan Lindeberg, who owns an international chain of enterprises for natural building materials, on June 30 said that he would invest 30 million euro in the construction of a plant in Pleven's Gulyantsi municipality. The plant, which is expected to be commissioned in a year and to create 250 jobs, will cover an area of 4.5 hectares and will be located near Port Somovit on the Danube. Its goods will mostly be geared toward the European market. Production technology would be modern and devised and patented by Sweden's NPS, which is owned by Lindeberg.

 

Metal plant cuts production

· KREMIKOVTSKI metallurgical plant said it cut its output of finished steel products by 20 per cent as of July 1 due to the decreasing demand in the global market. Kremikovtsi, which is located on the outskirts of Sofia, said in a statement it would cut the monthly output of finished steel products from 100 000 to 80 000 tons. Kremikovtsi exports most of its output to the European Union, Turkey, countries of former Yugoslavia, as well as the United States and China.

 

DIY comes to Blagoevgrad

· DOVERIE Brico, Bulgaria's do-it-yourself retailer, on July 1 launched the construction of an eight-million-leva Mr. Bricolage store, the company's fifth in the country. The new store, located in Blagoevgrad, will span 6500 sq m and is expected to be opened in December. The store will create about 80 jobs. Doverie Brico plans to open another five stores in Bulgaria's largest cities by the end of 2007. It is also looking to build stores in Macedonia and Serbia. 

 

Wine maker looks to Germany

· BULGARIAN wine maker Domaine Boyar has joined with German wine and spirits company Eckes Spirituosen&Wein to launch two of its brands on the German market. Domaine Boyar hopes to market three varieties of its Domaine Boyar Private brand and two varieties of its BlueRidge brand in a three-four euro price segment. Bulgarian wines in Germany tend to occupy the 1.99-2.99 euro niche. In Poland, Domaine Boyar has teamed up with the local subsidiary of Germany's Racke.

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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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