Stara Planina Hold AD
Vasil Velev (1959) has graduated from Technical University in Sofia with a major in Industrial Engineering – Automation and Master degree in Corporative Governance from University of Economics - Varna. Mr. Velev is a member of the Board of Directors of several companies, including M+S Hydraulic - Kazanlak, Hydraulic Elements and Systems - Yambol, Elhim-Iskra - Pazardzhik, Fazan - Ruse, Guarant 5 – Plovdiv, BIC Hold - Sofia and others. Mr. Velev is member of the Governing Board of the Bulgarian Industrial Capital Association since its establishment in 1996 and currently he is Chairman of the board. Member of the International Congress of industrialists and entrepreneurs, Vice-President of the Economic and Social Council, Vice-President of the National Council for Tripartite Cooperation. In October 2015, Mr Velev was elected to the President of the International Coordinating Council of the employers' organizations. In October 2015, Mr Velev was elected to the President of the International Coordinating Council of Employers’ Unions.
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Stara Planina Hold AD
Stara Planina Hold AD, formerly Tsentralen privatizatsionen fond (Central Privatization Fund), is a Bulgaria-based holding company that is principally engaged in the acquisition, appraisal and managing of shares, bonds, as well as the cession of licenses for patents. It specializes in the restructuring and management of its subsidiaries, the establishment of new subsidiaries, as well as the investment in and financing of other enterprises, in which it is a shareholder. It has shares in companies, which specialize in the industrial machinery and equipment, electrical engineering, pharmaceuticals and cosmetics, textile and food-processing industries. The Holding is the majority shareholder in such companies as Elhim Iskra AD, Fazan AD, Hidravlichni elementi i sistemi AD (Hydraulic Elements and Systems AD), Patstroyinzhenering AD, Slavyana AD and SPH Trans OOD. In July 2014, it sold 53.6% of Patstroyinzhenering AD- Kurdzhali to Bio mining AD.