Bulgarian Deputy Minister Pulls Out of Lukoil Board

Bulgarian Deputy Transport Minister, Kamen Kichev, is leaving the Lukoil Neftohim Board over large workload. Photo by Sofia Photo Agency

The Bulgarian Deputy Transport Minister, Kamen Kichev, has decided to no longer represent the State in the Lukoil Neftohim Burgas company.

The information was reported Thursday by the Bulgarian daily Dnevnik.

Kichev is calling it quits only a year after taking the post. The Transport Ministry is quoted saying that the reason is his many other duties and large workload.

The nominee to replace him is Rositsa Kosacheva, who is a senior dealer at the Corporate Clients Department at the ING Bank. She has declined comments for Dnevnik, saying "nothing is certain yet.

The nomination belongs to the Bulgarian Ministry of Economy, Energy and Tourism, which owns shares in Lukoil Neftohim (Refinery).

If selected for the post, Kosacheva, who has graduated from the University of National and World Economy in Sofia, must leave her job with ING.

Dnevnik writes that an addition to this job, Kosacheva owns a business for spiritual seminars – "Insight Seminars."

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