Financial and business news from Bulgaria

The Association for Modern Trade has a new chairman - Nikolay Valkanov

Nikolay Valkanov is the new executive director of the Association for Modern Trade (SMT). He took over the position from Yordan Mateev, who represented the organization from 2013 to 2021, announced a short time ago by the association, which unites almost all major retail chains in Bulgaria.
Nikolay Valkanov has graduated in “European Studies” at Sofia University “St. Kliment Ohridski” with profiles “Economics” and “Law”. He has received trainings in “Fruit production and post-harvesting billet” and “Vegetable production and fruit growing” at the Center for Agribusiness of California State University within the framework of the Cochran program.

The Association for Modern Trade, unites 12 of the leading retailers in Bulgaria: “Billa Bulgaria”, “Van Holding” (“Fantastico”), “Deihman shoe trading”, “Dm Bulgaria”, “Doverie - Brico” (“Monsieur Bricolage”), “IKEA — Bulgaria”, “Kaufland Bulgaria”, “Lidl Bulgaria”, “Lidl Bulgaria”, “Lidl Bulgaria”, “Lidl Bulgaria”, “Lidl Bulgaria”, “Lidl Bulgaria”, “Maxima Bulgaria” (“T MARKET”), “PEPKO Bulgaria”, “ProMarket” and “Hippoland”. Among the main objectives of the SMT are improving the conditions for trade and business in the country, ensuring high competition in the market and supporting the growth, modernization and development of the commercial sector of the Bulgarian economy.

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