Nikolay Bachvarov

Manager Talks: Nikolay Bachvarov on Leadership, Team Motivation and Market Resilience at Baumit Bulgaria

Nikolay Bachvarov was born on May 14, 1962 in Sevlievo. He has served as the Manager of Baumit Bulgaria EOOD since 2000. Prior to this role, he held several key positions, including Consultant at Ernst & Young AFA, Chairman of the Board and Executive Director of "Bulgaria" Privatization Fund, and Vice President of Finance at "Bulgaria Holding."

Experts Warn about Property Bubble Risk in Eastern Bulgaria

Major players in the construction industry have cautioned about a bubble risk on the real estate market and in the construction sector in eastern Bulgaria in the next few years.

Bubble fears are explained with the fact that the demand for vacation properties, mostly by Russian-speaking citizens, is concentrated there, according to reports of investor.bg.