February 2020

GEOTECHMIN GROUP officially launched its Scholarship Programme 2019/2020 for students from the University of Mining and Geology “St Ivan Rilski” (UMG), Sofia. The event was attended by the Chairman of the Council of Rectors Prof. Dr. Eng. Lyuben Totev, the Rector of UMG Prof. Dr. Eng. Ivaylo Koprev, the Vice Presidents of Geotechmin OOD - Ivan Vutov, PhD and Vladimir Vutov, PhD Eng., the Executive Director of Geotechmin OOD Mr Dominic Hamers, the Executive Director of Ellatzite-Med AD M.Eng. Dragomir Draganov, and other representatives of the Group’s companies.

August 2020

On Miner’s Day - 18 August 2020, the Bulgarian Chamber of Mining and Geology (BCMG) announced its traditional awards. Geotechmin OOD received a plaque and an honorary certificate in the category “Corporate Social Responsibility” for its Charity Programme Bulgarian Virtues. The company was also awarded a special certificate of appreciation for its active participation in the National Donation Campaign against the spread of Covid–19. Ellatzite-Med AD received a plaque and a certificate of recognition in the category “Innovation” for integrating leading-edge mining software.

The Bulgarian Virtues Charity Programme was initiated by Prof. DSc. Eng. Tzolo Voutov in December 2018. It embraces the benevolent support of the companies Geotechmin OOD, Ellatzite-Med AD, Geostroy AD and Geotrading AD. The programme promotes socially significant causes focused on health care, spiritual growth, preservation of historical heritage, education and many other priority projects for the local communities in the regions where the Group’s companies operate.

Ellatzite-Med AD gained the annual Innovation Award for the project Development of Consolidated Schedule Optimization by Using Specialized Mining Software for Strategic Mine Planning HxGN, MinePlanTM 3D in Ellatzite Mine. In 2019, basing on the experience gained by generations of mining professionals, the engineering and technical staff of Ellatzite-Med AD took a step forward towards more efficient design. The adoption of this smart system for automated generation of production schedules has helped to ensure continuous real-time communication between the mine staff and the production machines. The development of numerous wide-ranging scenarios provides for most efficient utilization of natural resources with maximized productivity.

The Bulgarian Chamber of Mining and Geology awarded Mrs Keti Kirova, Financial Director and member of the Management Board of Ellatzite-Med AD, with a personal award for her active contribution to the Bulgarian mineral resources industry. Mrs Kirova is an active member of the Standing Committee on Finance and Economic Policies in the organization and received an honorary statuette “Flame”.




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