BUSINESS UNITS

May 2017

On St. George’s Day, Ellatzite-Med AD turned the symbolic first sod of MIAL quarry located on the land of Mirkovo village, Sofia region. This groundbreaking ceremony celebrated the beginning of a project for extraction of non-metallic (industrial) minerals – dolomites. The event was attended by Mrs. Tsvetanka Yotina - Mayor of Mirkovo Municipality, Mrs. Sofia Torolova - District Governor of Sofia Region, Mr. Nikola Cholakov - Deputy Mayor of Benkovo village, Prof. Dr. Tzolo Voutov - President of Geotechmin OOD, Mr. Ivan Vutov, Executive Director of Geotrading AD as well as other representatives of the concessionaire and numerous guests.

April 2017

Prof. Dr. Tzolo Voutov, President of Geotechmin OOD, was among the official guests attending the Divine Liturgy at the new Sts Cyril and Methodius Cathedral in Lovech. It was celebrated by His Holiness Patriarch Neophyte and all metropolitan bishops of the Holy Synod.

April 2017

For the seventh consecutive year, Ellatzite-Med ADpart of GEOTECHMIN GROUP, will implement its summer internship programme.

March 2017

“Treasures from the Past - the Life and Work of People in My Homeland” is the topic of a new regional contest organized by Ellatzite-Med
 and Geotechmin. The initiative is part of the corporate social responsibility programme “Culture and National Identity” implemented by the two companies.

March 2017

Etropolia Complex in the town of Etropole obtained a Certificate of Commissioning. The multifunctional building with a hotel section, offices and various retail shops is located in the town centre. Etropolia Complex is part of the consistent policy pursued by GEOTECHMIN GROUP for enhancing social-economic development within the regions where it operates.

December 2016

San Stefano Plaza Project was awarded in the category “Multifunctional Buildings” of the National Contest “Building of the Year 2016”. San Stefano Plaza is a new-generation multifunctional complex in the heart of Sofia. The General Contractor of the project is Geostroy AD, the Investor is San Stefano Property Development EAD and the Designer is San Stefano Associated Architects. The complex, which comprises a residential area, a shopping centre and Class A offices, is currently being certified under BREEAM 2013 - the world's leading sustainability assessment method for buildings.

October 2016

The largest company in GEOTECHMIN GROUP – Geostroy AD received a gold award from the Bulgarian Construction Chamber. The honour was given for achieving best results in 2015 in the site category “High-rise construction, its adjoining infrastructure, electronic communication networks and installations”, sector “Top Construction Companies”.

October 2016

St Haralampius Church in the village of Bogdanlia, Elin Pelin Municipality was fully reconstructed with the donations of Geotechmin OOD and Geotrading ADGeostroy AD performed the construction works and Geoproject EOOD prepared the detailed design of the project. The church was built in 1882 and since 1996 it has been considered a cultural monument of local significance. The church was in a poor condition and needed urgent reconstruction. The consecration ceremony of the renovated church took place in October 2016.

September 2016

For the sixth consecutive year, Ellatzite-Med has implemented its summer internship programme involving 20 students from various universities and higher institutes in Bulgaria. The programme provides an opportunity for students of technical, economic and engineering major specialties to work in the company’s departments during their summer holidays. The policy of Ellatzite-Med is focused on supporting young specialists by giving them a chance and helping them choose a career, develop skills and find their place in the labor market.

September 2016

Geostroy AD, which is part of GEOTECHMIN GROUP, was appointed the contractor of a project for reconstruction, overhaul, renovation and extension of an existing building at the American College of Sofia (ACS). The construction works commenced with an official groundbreaking ceremony on 21 September 2016.

August 2016

With the support of Geotechmin OOD the valley of Belogradchik Rocks hosted the first open-air opera festival of its kind in Bulgaria – Opera of the Peaks. The artists of the Sofia Opera and Ballet performed “Tosca” and “Turandot" and the ballet “Swan Lake” in the natural scenery of the Kale Fortress in August 2016. Geotechmin OOD purchased a specially designed open-air stage for the event from Italy. With its gratuitous support to Opera of the Peaks, the company promotes not only the magnificent art of opera, but also the development of Belogradchik Municipality.

July 2016

The regional “A Dream of Freedom” Competition hosted by Ellatzite-Med AD and Geotechmin OOD ended up in May 2016. 1st  to 8th grade students from seven schools in the towns of Etropole, Zlatitsa, Koprivshtitsa and the villages of Mirkovo, Chelopech and Chavdar competed in three age groups in the categories: children’s drawings, essays and poems. 369 contestants participated in the competition and expressed their ideas, views and understanding of freedom. A competent three-member jury reviewed and assessed the children’s artworks. On the eve of 24 May, the Day of Slavonic Alphabet, the winners were rewarded with honorary diplomas and object prizes, while the partnering schools received teaching aids and other training equipment.

May 2016

On 25 April 2016, the renovated 20th April Trade Complex was officially inaugurated with a water-blessing ceremony in the central square of the town of Koprivshtitsa. The interior reconstruction and repair works were performed by Geostroy AD. The investor of the project is Ellatzite-Med AD. The complex provides new jobs.

April 2016

In 2016, GEOTECHMIN GROUP completed successfully a pilot project for on-site treatment of uranium-bearing, heavy metal and metalloid polluted waters. It was implemented in a modular experimental installation assembled on the territory of the former Hydrometallurgical Treatment Plant “Metallurg” near the town of Buhovo. This innovative project is part of a large-scale plan for remediation and reclamation of contaminated terrains. HTP “Metallurg” and its tailings pond had been in operation until the liquidation of uranium extraction in Bulgaria.

April 2016

Ellatzite-Med AD has become the first mining company in Bulgaria to achieve certification to the international standard ISO 50001:2011 Energy Management Systems. With the implementation of this standard, the company has upgraded its Integrated Management System (IMS), which incorporates the international standards ISO 9001 Quality Management, ISO 14001 Environmental Management and BS OHSAS 18001 Occupational Health and Safety Management. Thus ISO 50001:2011 Energy Management Systems has become an integral part of the corporate Integrated Management System. The company also holds accreditation certificates to ISO 17025 General Requirements for the Competence of Testing and Calibration Laboratories and ISO 17020 Conformity Assessment - Requirements for the Operation of Various Types of Bodies Performing Inspection.

March 2016

In March 2016, Geotechmin and Ellatzite-Med organized a competition called “A Dream of Freedom” for children’s drawings, essays and poems. The contestants are 1st - 8th grade students from schools in the towns of Etropole, Koprivshtitsa, Zlatitsa and in the villages of Mirkovo, Chavdar and Chelopech. They compete in three age groups and each participant has to submit only one entry in a desired category.

March 2016

Оn 23 February 2016 in Sofia, the first prizes for outstanding contribution to the development of Bulgaria’s infrastructure were bestowed within the initiative INFRASTRUCTURE BULGARIA AWARDS 2016.

October 2015

Geotechmin OOD received a gold award and Geostroy AD gained a silver award in the annual Top 50+ ranking of the Bulgarian Construction Chamber.

September 2015

On 18 September 2015, a new municipal solid waste landfill was officially opened in Samokov. It was built under the expert guidance of Geotechmin OOD. In November 2014, Samokov Municipality and Geotechmin OOD signed a contract for implementation of the project Construction of a Regional Waste Management Centre Samokov – 1st Stage and External Infrastructure, which is part of the project for Construction of a Regional Waste Management System in the region of Kostenets (Samokov).

June 2015

On 16 June 2015, the Scientific and Technical Union of Mining, Geology and Metallurgy (STU of MGM) celebrated 50 years since its establishment. The golden jubilee meeting was attended by President of the Republic of Bulgaria Mr. Rosen Plevneliev, Mr. Zhecho Stankov, Deputy Minister at the Ministry of Energy and Mr. Boyko Malinov, Deputy Minister at the Ministry of Environment and Water.

June 2015

Organizers: Scientific and Technical Union of Mining, Geology and Metallurgy, Bulgaria, with the assistance of Ministry of Economy, Ministry of Energy and Ministry of Environment. 

May 2015

Consortium “Geometro B.P.” (with Geostroy AD as leading partner and Geotechmin OOD and Metroproekt OOD as members) finished the construction of Business Park Metro Station and an adjoining metro tunnel, part of the first metro line. Business Park Metro Station is the last of three metro stations, which comprise the metro extension from Mladost-1 District towards Business Park Sofia in Mladost-4 District under Sofia Metro Extension Project.

May 2015

The regional competition “My Homeland through My Eyes. Who and What Am I Proud of in My Homeland History?” was carried out with the financial support of Ellatzite-Med and Geotechmin. The event ended in May 2015 by rewarding the winners from various age groups.

May 2015

The Bulgarian Red Cross (BRC) has awarded institutions, individual and corporate donors and media as a mark of gratitude for their support and commitment to its benevolent causes in 2014. The awards were bestowed on 8 May 2015 at the BRC headquarters by Mr. Hristo Grigorov, President of the humanitarian organization in Bulgaria.

March 2015

Geotechmin OOD and  Ellatzite-Med AD participated in the 16-th annual forum “National Career Days”, which was held on 10-11 March 2015 at the National Palace of Culture, Sofia. More than 120 companies presented their internship programmes this year. These programmes evoked keen interest among young people and representatives of career centres.

February 2015

135-Year-Old Church in Dushantsi Was Completely Restored

The Church of Sts. Cyril and Methodius was consecrated by the Metropolitan Bishop of Lovech, Gavriil in the village of Dushantsi. The 135-year-old church opened its doors to welcome believers after a general overhaul and restoration of the frescoes, performed with the generous donation of Geotrading AD and initiated by the Mayor, Ms. Vera Boycheva.

December 2014

In December 2014, Geotechmin OOD received a plaquette and a special award for its participation as one of the Bulgarian subcontractors to the Chinese company CBMI Construction - the EPC contractor of a new cement production line with a capacity of 4,000 t/day at Devnya Cement plant. The award was given at the national contest “Building of the Year” which was organized under the patronage of the Ministry of Regional Development  and Public Works with the support of sectoral organizations.

October 2014

In 2014, seven schools from Srednogorie region and the town of Etropole participated in the implementation of the corporate social responsibility programme Apple for Health, which was initiated by Ellatzite-Med AD and Geotechmin OOD.

October 2014

Geotechmin OOD received a gold award in the annual Top 50+ ranking of the Bulgarian Construction Chamber. The honor is given for best production practice in the category “Structures of public utility infrastructure, hydro-technical construction and environmental protection”, sector “Top Construction Companies”. For the seventh consecutive year, Geotechmin has received a prize in the prestigious Top 50+ ranking.

September 2014

With an official ceremony on 5 September 2014 Ellatzite-Med AD launched technological trials of the new wastewater treatment facility on the territory of Ellatzite mine near Etropole. 

September 2014

In August 2014, Geostroy AD completed the rough construction of Nativity of Christ Church in Mladost Residential District in Sofia. On the feast day of Dormition of the Mother of God, the church and its rising domes were solemnly consecrated in the presence of the Church Wardens and the Initiative Committee, representatives of Mladost District, donors and local citizens.

March 2014

Geotechmin OOD and Ellatzite-Med AD participated in the thirteenth specialized forum National Career Days – Good Career, Good Life, which was held on March 18 and 19, 2014 in the National Palace of Culture, Sofia. Both companies presented to visitors the conditions for application and implementation of this year’s Internship Programme.

February 2014

In February 2014, Geotechmin and Ellatzite-Med donated children’s books by famous Bulgarian authors to the kindergarten in Lopyan village, Etropole Municipality as well as classical, modern and philosophical literature to the library of Todor Peev – 1871 Community Centre in the town of Etropole. Both companies made these donations within the programme for knowledge and education “Culture and National Identity”, which is part of their corporate social responsibility.

September 2013

In September 2013 a groundbreaking ceremony and official inauguration celebrated the start of the project “Wastewater treatment plant for potable waters, Alpine water intake and reconstruction of the water supply system in Barzia village, Berkovitsa municipality”. The event was attended by the Mayor of Berkovitsa Ms. Dimitranka Kamenova, the Governor of Montana region Mr. Anatoly Mladenov, Geotechmin’s Executive Director Mr. Dominic Hamers, other officials and representatives of the Contractor – Consortium “Geostroytechmin” (Geostroy and Geotechmin).

August 2013

The annual prize of the Bulgarian Chamber of Mining and Geology (BCMG) was awarded to Ellatzite-Med AD for best production results in the Ore Mining sub-sector. The honorary diploma was presented to the executive director of the company Dipl. Eng. Dobri Tzvetkov by the Chairman of BCMG Dr. Eng. Lachezar Tsotsorkov during the national celebration of Miner's Day – August 18, 2013.

July 2013

Patstroy-92 AD, part of GEOTECHMIN GROUP, in a consortium with the same partners who have built Lot 1 of Struma Motorway, was selected to be the Contractor of Lot 2 from Dupnitsa to Blagoevgrad.  The road section will be built by performing a wide range of engineering services and is 37.48 km long.

July 2013

On 17 July 2013, for fifth consecutive year Geotechmin OOD has opened its doors to students and young professionals who are going to do one-month paid internship in the company. The approved 18 candidates, subject to selection among 345 applicants, are students or recently graduated young professionals who have desire, ambition and motivation to work.

June 2013

In 2013 the President of Geotechmin Dr. Dipl. Eng. Tzolo Voutov and the President of Mitsubishi Materials Techno Corporation (MMTEC) Mr. Yoshiaki Inaba signed a framework agreement for long-term technical cooperation.

June 2013

In 2013, Ellatzite-Med AD and Geotechmin OOD launched the initiative “Education is Power” with the benevolent intent to support students from socially disadvantaged or low-income families who have achieved excellent GPA results at school.

April 2013

Joint venture "Geometro B.P." (Geostroy, Geotechmin and Metroproekt) has commenced the construction of metro station 16 and an adjoining metro tunnel which are part of the first diameter of Sofia Metro and are located near the Business Park in Mladost-IV District. The project is funded under EU Operational Programme "Transport 2007 – 2013" (European Regional Development Fund and National Fund) as well as by Sofia Municipality budget.

April 2013

During the celebration of Forest Week 2013, employees of the GEOTECHMIN GROUP along with representatives of the municipalities of Srednogorie region planted over 5,800 saplings. The planting was carried out in the urban environments of Zlatitsa town, the villages of Karlievo, Mirkovo, Chavdar and Chelopech, in the area of Vassil Levski Memorial near Galabets passage and around the "Holy Spirit" Chapel which is next to Benkovski village.

March 2013

The recruitment of candidates for a paid internship in the GEOTECHMIN GROUP has begun. The internship program, which started for the first time in Geotechmin OOD in 2009, is now implemented also in the subsidiaries Geostroy, Geotrading, Ellatzite-Med and Road Company. These trainings are part of the group's policy for investing in vocational guidance, employment and future development of young people and for ensuring succession and organizational development of our companies.

December 2012

On December 12, 2012 in Sofia, for the eleventh consecutive time, the national contest "Building of the Year" was held under the auspices of the Bulgarian Ministry of Regional Development and Public Works.

October 2012

On October 26, 2012 – the professional holiday of builders – Geotechmin was awarded by the Bulgarian Construction Chamber for its overall contribution to the construction sector.

September 2012

On September 18, 2012 the rehabilitation of road III-3004 Trastenik – Orehovitsa – road III-137 was launched. The project is implemented under Operational Programme "Cross-Border Cooperation Romania – Bulgaria 2007-2013" and co-financed by the European Regional Development Fund.

August 2012

On August 31, 2012 the President of the European Commission José Manuel Barroso officially opened the second metro line of Sofia Metro. President Rosen Plevneliev, Prime Minister Boyko Borissov, Mayor of  Sofia Yordanka Fandakova and other official guests attended the ceremony.

June 2012

On June 15, 2012 MHPP "Tzerovo" was put into operation. This is the third riverbed micro hydropower plant constructed by Geotechmin OOD along the Iskar River valley.

May 2012

In the autumn of 2011, Ellatzite-Med AD and Geotechmin OOD launched a three-year programme  "Our Green Tomorrow" by investing their own financial resources. The programme includes forestation of 30 decares of municipal areas and woodlands and planting of trees in urban areas in Srednogorie region and in the towns of Etropole and Samokov. 

May 2012

On May 17, 2012 the first sod of a water treatment facility for mine wastewater was turned in Ellatzite mine. The chosen treatment technology is innovative for Bulgaria. This is one of the largest projects of Ellatzite-Med under the Environment Protection and Recovery Programme for the Region of Ellatzite Deposit for 2010 – 2014.

March 2012

For a week Bulgaria had the honor to be a host of a special group of visitors. 16 Japanese children and four accompanying persons from Naruse Second Junior High School in Higashi Matsushima – a town in northern Japan that was heavily affected by the March 11, 2011 Tohoku earthquake and the subsequent tsunami, visited Bulgaria by invitation of the Bulgarian Ministry of Foreign Affairs. The program for the children's stay and the journey realization were supported by Geotechmin OOD.

March 2012

Organized jointly by the Thailand Underground and Tunnelling Group (TUTG) of the Engineering Institute of Thailand and ITA-AITES.

March 2012

For a fourth consecutive year Geotechmin OOD has participated in the biggest forum for students' internship and career "National Career Days 2012", which was held on 13th and 14th March 2012 in Arena Armeec Hall, Sofia.

October 2011

In late October 2011 Geotechmin received a platinum Top 50+ award from the Bulgarian Construction Chamber (BCC). The annual honor is given to contractors registered in the Central Register of Professional Builders for good construction practices.

September 2011

On September 21, 2011, the Bulgarian Prime Minister Boyko Borisov officially opened the rehabilitated road III-181 "Sofia ring road – Kovachevtsi village". The Minister of Regional Development and Public Works Lilyana Pavlova, the Mayor of Sofia Jordanka Fandakova and other officials attended the ceremony.

September 2011

In July and August 2011 Geotechmin OOD carried out a paid trainee program as part of its strategy for supporting the professional development of young people in Bulgaria.

August 2011

On August 26, 2011 Joint Venture Geotechmin–Unieco signed a contract with Sofia Municipality for the construction of an integrated system of facilities for treatment of household waste of Sofia Municipality. The project is to be completed within 14 months and includes Sadinata non-hazardous waste landfill, WWTP and a reception area.

April 2011

Organizers: Scientific and Technical Union of Mining, Geology and Metallurgy, International Academy of Ecology and Life Protection Sciences (IAELPS) and Bulgarian National Section of IAELPS

March 2011

Geotechmin and Ellatzite-Med participated in the annual forum "National Career Days 2011 – Good Career, Good Life" which is traditionally organized by Job Tiger. The event was held on March 16 – 17, 2011 in Hall 3 of the National Palace of Culture.

December 2010

Geotechmin's President has been awarded a gold badge by the Confederation of Employers and Industrialists in Bulgaria (CEIBG). The award was presented on the Miner's Day by Mr. Ognyan Donev, Chairman of CEIBG, on the occasion of the mining holiday and the 20-th anniversary of the company's establishment. Geotechmin OOD, a leading firm in mining engineering and industrial, infrastructural and civil construction, is a collective member of CEIBG.

December 2010

In December 2010 Evgeni Angelov, Deputy Minister of Economy, Energy and Tourism, presented the annual Japanese quality awards "BOSEI 2010". Geotechmin received the prestigious award for overall contribution to the encouragement of trade relations with Japan and for applying of tools from the Japanese Total Quality Management system (TQM).

May 2010

In May 2011 Geotechmin OOD was enlisted in the Voluntary Register of Construction Entrepreneurs.

May 2010

In May 2011 the President of Geotechmin OOD Dr. Eng. Tzolo Voutov participated in the establishment of an Innovation Council to the Bulgarian Chamber of Commerce and Industry (BCCI).

February 2010

Together with the Japanese Company MMTEC and the Bulgarian Science and Technical Union of Mining, Geology and Metallurgy Geotechmin Held an International Training Course on "Mine Wastewater Treatment"

December 2009

Ellatzite-Med AD was awarded the prestigious prize Investor of the Year 2009 by the Invest Bulgaria Agency. On 7 December 2009, the Bulgarian Prime Minister Boyko Borisov bestowed the prize on M.Eng. Dobri Tzvetkov, Executive Director of Ellatzite-Med AD. The company received this high recognition for its achievements in the category “Mining Industry”.

August 2009

The road section on Simeonovsko Shose Blvd, repaired by Roads and Equipment EAD, was put into operation with an opening ceremony on August 13, 2009. Bulgarian Prime Minister Boiko Borisov, Sofia's Acting Mayor Minko Gerdjikov and the Minister of Transport Alexander Tzvetkov were present at the opening ceremony.

July 2009

On July 14, 2009 Geotechmin gave out certificates and prizes to engineering and technical personnel engaged in the construction of micro hydropower plant "Svrazhen" and metro station 9-I "Vasil Levski Stadium". The company managers expressed their gratitude towards the staff for their devoted efforts and high professionalism.

July 2009

The first sod of project "Completion and Putting into Operation of the Tramway Connecting Iskar Station and Tsarigradsko Shose Blvd" was turned on July 1, 2009.

July 2009

In 2009 Geotechmin OOD and Ellatzite-Med AD once again supported the organization of "Green Wave – 21 Century" – the international forum for films and TV programs dedicated to ecology and environmental protection.

July 2009

The reclamation of Benkovski-I tailings pond is part of Ellatzite-Med's program for elimination of past ecological damages. On June 16, 2009 the State Acceptance Commission summoned to accept the works carried out under subproject "Finalizing the reclamation of the slope and the coastline". The works were executed by Geotechmin OOD.

May 2009

On May 8, 2009 Bulgaria's President Georgi Parvanov and the Mayor of Sofia Boyko Borisov inaugurated the metro section from Vasil Levski Stadium to Mladost-1 residential district, which is one of the biggest acquisitions for Sofia over the past decade.

April 2009

On April 20, 2009 Opulchenska Street, which was reconstructed by Roads and Equipment EAD, was put into operation.

December 2008

In September 2007 ten companies took part in the prequalification stage to a tender for the construction of section "Nadezhda Overpass – Cherni Vrah Blvd" which is part of the second diameter of Sofia Metropolitan. The only Bulgarian company to independently submit tender documents was Geotechmin OOD.

November 2008

Geotechmin OOD signed a contract with Global Wind Power A/S for the construction of 14 wind turbine foundations in the Kavarna – Kamen Bryag – Shabla region.

November 2008

Five Bulgarian construction companies were awarded for their activities in 2007 in a specialized competition organized by Newspaper Pari. The prize-giving ceremony was held in Grand Hotel Sofia on November 11, 2008.

November 2008

The official opening of the most prestigious hotel complex in northwestern Bulgaria – four-star hotel Skalite – was held on November 11, 2008 in the town of Belogradchik.

June 2008

Twenty-six scientists and specialists from Ellatzite-Med AD, Geotechmin OOD, Chelopech Mining EAD, Cumerio/ Norddeutsche Affinerie AG, the University of Mining and Geology "St. Ivan Rilski" and the Scientific and Technical Union of Mining, Geology and Metallurgy participated in the ХХІV International Mineral Processing Congress in Beijing. The event was organized by the Beijing General Research Institute of Mining and Metallurgy.

March 2008

Organizers of the event were the Scientific and Technical Union of Mining, Geology and Metallurgy, Bulgaria and Minstroy Holding AD. One of the co-organizers was Geotechmin OOD. The company president Dr. Eng. Tzolo Voutov was the chairman of the organizing committee.

March 2008

AIESEC-Bulgaria – one of the largest international students associations – organized for a third year in a row "Business in Practice" – an initiative which contributes to the strengthening of the relation between the corporate sector and education. Participants in the business simulation were 100 students from leading Bulgarian universities.

February 2008

With the aim of sharing experience in the construction of tunnels and metropolitan railways and on the occasion of the 10th anniversary of the Sofia Metro, an international conference on tunnel and metro construction was held in Sofia. The event was organized by the Bulgarian Scientific and Technical Union of Civil Engineering, the Federation of the Scientific and Technical Unions in Bulgaria and Sofia Municipality "Metropolitan" JSC. Geotechmin OOD was also among the organizers.

July 2007

The International Tunnelling and Underground Space Association (ITA) has published its annual newsletter TRIBUNE for the year 2008. The focus is on the underground construction in India where this year's World Tunnel Congress and 34th ITA General Assembly is taking place.

July 2007

A new molybdenum concentrate production plant has been put into operation at the flotation plant of Ellatzite-Med AD. The design is being prepared by Geoproject EOOD.

July 2007

In July 2007, on the occasion of the 170-th birthday anniversary of Vasil Levski, an impressive memorial complex with a grand statue of the Apostle of Liberty in its centre was officially inaugurated in Galabetz Region near the village of Bunovo.

May 2007

In April 2007, Roads and Equipment 2009 (consortium of Roads and Equipment EAD and Geotechmin OOD) obtained a three-year contract for the repair of Sofia streets.

May 2007

Kamen Kolchev, founder and executive director of the financial company Elana Holding, together with his wife Petya Kolcheva and Zheko Vutev climbed the Tibetan mountain peak Cho Yo (8201 meters), which is the sixth highest peak in the world. The seven-member Bulgarian expedition in which they participated left for Kathmandu on April 4, 2007. From there the alpinists set out for the Chinese territory aiming for the mountain peak by following the classical route. Geotechmin OOD was one of the sponsors for the expedition.

BUSINESS UNITS

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