New Appointments at Bulgarian Trade Partners Ltd and Balkan Holdings plc

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Bulgarian Trade Partners specialize in sourcing products, assemblies and sub components from Bulgaria. Bulgarian Trade Partners are also able to act as consultants on a retained basis for companies in Bulgaria that want to do business with the United Kingdom/European Union and vice versa.

Bulgarian Trade Partners Ltd (BGTP) are pleased to announce the appointment of Marin Dimitrov as an Executive Director of both this company and of its parent company Balkan Holdings plc with effect from June 2005. The respective web sites for these companies can be found at http://www.bgtp.co.uk and http://www.balkanholdings.com

Balkan Holdings plc are also pleased to announce the appointment of Mr Ivan Stancioff to the board as a Non-executive Director with effect May 2005

Ivan Stancioff was born in Sofia and is a graduate of Georgetown University, Washington DC. After serving in the US Army he worked for IBM W T C in New York, Brazil and in Paris. In 1970 he was Director of the ITT-OTE Computer Project, Athens. He was Vice President International for both ITEL Corp. and Storage Technology Corp., working from London and in 1980 he set up his own IT Company – Cresta Marketing S.A. in Geneva.

In 1990, following the political, social and economic reforms in Central and Eastern Europe, he returned to Bulgaria.

In 1991 Ivan was appointed Ambassador to the Court of St. James and the first Bulgarian Ambassador to the Irish Republic. In 1994 he was appointed Bulgarian Minister of Foreign Affairs. From 1999 to date he has been an advisor on Foreign Affairs to both President Stoianov and President Parvanov as Ambassador at Large.

Since 1995, Ivan has been actively involved in bringing foreign investments to Bulgaria. Cresta Marketing was responsible for introducing UniCredito Italiano to complete the privatisation of Bulbank, the largest Bulgarian bank and for setting up the Framlington Bulgaria Fund, the first company fund to invest in shares on the Sofia Stock Exchange.

Mr Marin Dimitrov joins us from having been the Head of the Commercial section at the Bulgarian Embassy in London since December 2001. Prior to this he was with the British Commercial Service operating as Senior Commercial Officer in Sofia. He has a Post-Graduate MBA in International Management and is a welcome addition to the team. Mr Dimitrov will be establishing a representative office for the company in Sofia which will be fully operational by the end of June 2005.

Bulgarian Trade Partners specialize in sourcing products, assemblies and sub components from Bulgaria. Bulgarian Trade Partners are also able to act as consultants on a retained basis for companies in Bulgaria that want to do business with the United Kingdom/European Union and vice versa.

Following receipt of your instructions we have the knowledge and resources available to be able to produce detailed research documents on the potential market for your products or services in either region.

Alternatively, you may have already proceeded beyond this stage but now need assistance and advice with where best to advertise or gain press coverage for your business or require further guidance and introductions to trusted potential business partners in your required field of activity.

Following a successful business introduction BGTP are able to act ongoing as your Account Manager in Bulgaria and provide locally based Project Management expertise so ensuring continuity and communication.

BGTP are also able to arrange door to door transport facilities by request.

Based on our specialist knowledge and business expertise of both regions, the consultancy services that we are able to offer are many and varied. In the first instance, please contact us with summary details of what you are looking to achieve and we will be pleased to provide a quotation.

Bulgarian Trade Partners Ltd was formed with the sole purpose of promoting trade between Bulgaria and, in particular, the rest of Europe but with a specific focus on the United Kingdom.

The executives of the company are well connected in the commercial sector of both countries and have an extensive network of Associates with experience in almost every Industrial, Engineering, Manufacturing, Commercial and Public sector discipline imaginable.

BGTP is a wholly owned subsidiary of Balkan Holdings plc a member of The British Bulgarian Chamber of Commerce (BBCC) set up in 1993 to support business between the United Kingdom and Bulgaria.

Our experience is used to identify products and services from Bulgaria and to identify suitable business partners for those products and services either in the United Kingdom or mainland Europe to all parties' commercial advantage.

Although not every product or service from Bulgaria will have a ready market in the European arena the company is continually working on a number of concurrent projects, both product and service oriented, and for all of which we have clearly identified a demand in either the UK or mainland Europe.

With the additions of Marin Dimitrov and Ivan Stancioff to an already strong and well connected team and with the establishing of a trade office in Sofia itself we are now more positive than ever that we can service the requirements of companies who wish to conduct or establish business in and with Bulgaria.

In the first instance please email initial enquiries to Chris Northam, the Managing Director of both Balkan Holdings and Bulgarian Trade Partners on chris@bgtp.co.uk

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Chris Northam