Bulgarian Industrial Association Elects New Head
Business | February 15, 2011, Tuesday // 14:42| viewsSasho Donchev, Overgas President and founder, (left) is pictured here with Gazprom CEO Alexei Miller in Cannes, France, June 2010. Photo by Overgas
One of the six major business organizations in Bulgaria, the Bulgarian Industrial Association (BIA), elected the President of Overgas Inc as its new chair.
BIA's previous chair Bozhidar Danev was elected executive chair, the BIA press office announced, stating that the reshuffle was motivated by the need to restructure the business organization in accordance with "European practices."
The goal of the restructuring is separate the administrative management of BIA from the policy functions of its Governing Board.
Danev, who has been chairing the Board of BIA for more than 17 years, will continue to manage the administrative staff of the organization and to coordinate its relations with the state institutions, trade unions, and NGOs.
The new Board Chair, Sasho Donchev, will be in charge of the policy activities of the Governing Board.
Donchev, born in 1953, is a graduate of the State Oil and Gas Academy "I.M.Gubkin" in Moscow, and the University for National and World Economy in Sofia.
In 1978-1990 he worked in the Gazstroymontazh company as the head of the department in charge of the Russia-Turkey gas transit pipeline, and head of the construction department of the Tula-Moscow-Kiev pipeline in the USSA.
He founded the Bulgarian natural gas company Overgas in 1991, and has since been involved in the drafting of Bulgaria's national gasification program.
Donchev is a member of the Academy of Technical Sciences of the Russian Federation, has published 20 papers in the engineering field.
At present, Donchev's company Overgas is one of the three companies acting as intermediaries between Gazprom and Bulgargaz in the Bulgarian-Russian natural gas trade.
The three intermediaries, Overgas, the German company Wintershall, and Gazprom's own subsidiary, Gazprom Export, have been slammed by the Bulgarian government as unnecessary.
As Bulgaria is to renegotiate its natural gas contracts with Russia, the Borisov Cabinet has made it clear it wants to sign a commercial contract only with the third company, Gazprom Export. Media reports have claimed indirect or direct connections between Gazprom and the other two companies as well.
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