Velik Zanchev Appointed Chair of Bulgarian Railways Board

Business | April 2, 2013, Tuesday // 16:00|  views

Velik Zanchev has a long career as leading manager of a number of companies. Photo by

Financial expert Velik Zanchev has been appointed Chairman of the Board of Directors of the troubled Bulgarian State Railways company, BDZ Holding.

Nikolay Naydenov will be his Deputy, while Chavdar Trendafilov is now BDZ CEO.

Zanchev has a long career as leading manager of a number of companies, including BDZ Director of Finance and Administration and CEO of the Holding.

On Friday, caretaker Transport Minister Kristian Krastev fired Vladimir Vladimirov, who was the chairman of the BDZ Board of Directors.

Another member of the Board of Directors, Emil Ivanov, was also fired. Vladimirov and Ivanov are replaced by Chavdar Trendafilov and Nikolay Naydenov.

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Tags: Velik Zanchev, Transport Minister, Kristian Krastev, protests, rallies, privatization, Depfa bank, freeze, Holding, assets, cargo unit, bond, Bulgarian State Railways, BDZ, Freight Services, Passenger Services, Agency, Vladimir Vladimirov


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