Ivo Prokopiev ( bg, Иво Прокопиев) (born July 10, 1971) is a
Bulgaria
Bulgaria (; bg, България, Bǎlgariya), officially the Republic of Bulgaria,, ) is a country in Southeast Europe. It is situated on the eastern flank of the Balkans, and is bordered by Romania to the north, Serbia and North Mac ...
n entrepreneur, publisher and opinion leader with strong public commitment. He is the founder and co-owner of three Bulgarian groups of companies – A Data Pro, Alfa Finance Holding and
Economedia
Economedia is the largest publisher of business media in Bulgaria. It is mainly known for publishing the weekly Capital and the daily Dnevnik Dnevnik means "The Daily" or "Daily News" in South Slavic languages. It can also be translated as "Diary" ...
Publishing Group. He holds a master's degree in
Finance from the
University of National and World Economy
The University of National and World Economy ( bg, Университет за национално и световно стопанство) is a university in Sofia, Bulgaria.
Notable alumni of the university are five Prime Ministers of Bulg ...
in
Sofia
Sofia ( ; bg, София, Sofiya, ) is the Capital city, capital and List of cities and towns in Bulgaria, largest city of Bulgaria. It is situated in the Sofia Valley at the foot of the Vitosha mountain in the western parts of the country. ...
and an
Executive MBA
A Master of Business Administration (MBA; also Master's in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accou ...
from
INSEAD
INSEAD, a contraction of "Institut Européen d'Administration des Affaires" () is a non-profit business school that maintains campuses in Europe ( Fontainebleau, France), Asia (Singapore), the Middle East ( Abu Dhabi, UAE), and North America (Sa ...
.
Public commitments
During the years of transition to a
free market economy
A market economy is an economic system in which the decisions regarding investment, production and distribution to the consumers are guided by the price signals created by the forces of supply and demand, where all suppliers and consumers a ...
in Bulgaria, Ivo Prokopiev has been involved in a number of key reforms and projects in both the public and private sectors. He took part in the currency board introduction and banking sector restructuring, pension reform strategy, media self-regulation and many others.
Between 2006 and 2010 Ivo Prokopiev was elected as the first Chairman of KRIB (the Confederation of employers and industrialists in Bulgaria), the biggest business association in the country.
Ivo Prokopiev was the
Honorary Consul
A consul is an official representative of the government of one state in the territory of another, normally acting to assist and protect the citizens of the consul's own country, as well as to facilitate trade and friendship between the people ...
of Canada in Bulgaria for three mandates from 2010 to 2019.
Business
Ivo Prokopiev is the chairman of the board of directors and CEO of Alfa Finance Holding
Alfa Finance Holdingis a leading Bulgarian industrial and financial group with four main business lines:
industrial minerals
Industrial resources (minerals) are geological materials which are mined for their commercial value, which are not fuel (fuel minerals or mineral fuels) and are not sources of metals (metallic minerals) but are used in the industries based on t ...
,
financial services
Financial services are the economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companie ...
,
real estate
Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more genera ...
and
clean energy
Clean may refer to:
* Cleaning, the process of removing unwanted substances, such as dirt, infectious agents, and other impurities, from an object or environment
* Cleanliness, the state of being clean and free from dirt
Arts and media Music ...
. The Holding also invests successfully in logistics, construction, and
telecommunications
Telecommunication is the transmission of information by various types of technologies over wire, radio, optical, or other electromagnetic systems. It has its origin in the desire of humans for communication over a distance greater than tha ...
sectors. The Group comprises more than 30 companies and is actively involved in projects in Bulgaria, and other seven countries in East and South East Europe (
Albania
Albania ( ; sq, Shqipëri or ), or , also or . officially the Republic of Albania ( sq, Republika e Shqipërisë), is a country in Southeastern Europe. It is located on the Adriatic
The Adriatic Sea () is a body of water separating the ...
, Greece,
North Macedonia
North Macedonia, ; sq, Maqedonia e Veriut, (Macedonia before February 2019), officially the Republic of North Macedonia,, is a country in Southeast Europe. It gained independence in 1991 as one of the successor states of Socialist Feder ...
, Romania,
Serbia
Serbia (, ; Serbian: , , ), officially the Republic of Serbia (Serbian: , , ), is a landlocked country in Southeastern and Central Europe, situated at the crossroads of the Pannonian Basin and the Balkans. It shares land borders with Hung ...
, Turkey, and Ukraine). The Holding structure manages assets exceeding EUR 1.5 billion.
Ivo Prokopiev is also chairman of the board of directors of
Economedia
Economedia is the largest publisher of business media in Bulgaria. It is mainly known for publishing the weekly Capital and the daily Dnevnik Dnevnik means "The Daily" or "Daily News" in South Slavic languages. It can also be translated as "Diary" ...
publishing House, the second largest in the country and a leader in the premium press segment. The media group was founded in 1993 by Philip Harmandjiev and himself and today it owns more than 25 editions, among them print publications, licensed magazines, business-to-business publications and internet products, the daily paper
Dnevnik (Bulgarian newspaper)
''Dnevnik'' ( bg, Дневник) is a business-oriented Bulgarian daily newspaper, that is published Monday - Friday in Sofia since 2001. Until early 2005, it was printed in broadsheet format, the last Bulgarian daily to use the large format. It ...
and the business analysis medi
Kapital
Media freedom
Prokopiev's Kapital and
Dnevnik (Bulgarian newspaper)
''Dnevnik'' ( bg, Дневник) is a business-oriented Bulgarian daily newspaper, that is published Monday - Friday in Sofia since 2001. Until early 2005, it was printed in broadsheet format, the last Bulgarian daily to use the large format. It ...
have been vital in the preservation of media freedom in Bulgaria. As an owner of a source of independent media, Prokopiev has become a target of the ones critiqued in his journalists' reports of
corruption
Corruption is a form of dishonesty or a criminal offense which is undertaken by a person or an organization which is entrusted in a position of authority, in order to acquire illicit benefits or abuse power for one's personal gain. Corruption m ...
in the
Bulgarian government
The Council of Ministers ( bg, Министерски съвет, ''Ministerski savet'') is the main authority of the executive power in the Republic of Bulgaria. It consists of the Prime Minister of Bulgaria and all the specialized ministers ...
.
Media mogul
Delyan Peevski
Delyan Slavchev Peevski ( bg, Делян Славчев Пеевски ) (born 27 July 1980) is a Bulgarian politician, oligarch, entrepreneur and media mogul. He served as MP from the parliamentary group of the DPS in the 41st, 42nd, 43rd ...
, member of the
Movement for Rights and Freedoms
The Movement for Rights and Freedoms ( bg, Движение за права и свободи ''Dvizhenie za prava i svobodi'', ДПС, DPS; tr, Hak ve Özgürlükler Hareketi, HÖH) is a centrist political party in Bulgaria with a support base ...
, is often associated with Bulgaria's decline in
freedom of press
Freedom of the press or freedom of the media is the fundamental principle that communication and expression through various media, including printed and electronic media, especially published materials, should be considered a right to be exerci ...
. Peevski and his fellow party-men have been accused of the smear campaigns against Prokopiev with the intention of diminishing the influence of his independent media. In 2022, Prokopiev announced he will initiate another lawsuit against four members of the political party for defamation committed against him. Prokopiev has sued
Nikolay Barekov
Nikolay Tihomirov Barekov ( bg, Николай Тихомиров Бареков; born 16 October 1972) is a Bulgarian journalist, politician, and businessman. Since January 2014 he has been the leader of the political party Bulgaria Without Cen ...
, journalist closely affiliated with the political party, for slander four times.
In 2020, Prokopiev was ruled innocent by the Bulgarian court for the privatisation of the energetics firm EVN, after he was accused of inflicting damages to the state budget based on a statement he made in an interview. Judge Velislava Angelova ruled all of the accused in the trial innocent and argued the legitimacy of the trial due to "lack of legal grounds." Prokopiev has often raised concerns that the Bulgarian Prosecution has become an instrument of corrupt individuals to "shut the mouthes of independent media in Bulgaria."
Prior to the EVN trial, the director of
Reporters Without Borders
Reporters Without Borders (RWB; french: Reporters sans frontières; RSF) is an international non-profit and non-governmental organization with the stated aim of safeguarding the right to freedom of information. It describes its advocacy as found ...
Christophe Deloire stated he is "concerned about the legal proceedings in a court case against Bulgarian publisher Ivo Prokopiev, owner of the most significant sources of independent and high quality journalism in Bulgaria. on
Twitter
Twitter is an online social media and social networking service owned and operated by American company Twitter, Inc., on which users post and interact with 280-character-long messages known as "tweets". Registered users can post, like, and ...
. American diplomat,
Madeleine Albright
Madeleine Jana Korbel Albright (born Marie Jana Korbelová; May 15, 1937 – March 23, 2022) was an American diplomat and political scientist who served as the 64th United States secretary of state from 1997 to 2001. A member of the Democratic ...
, also expressed concerns by re-tweeting
OSCE Representative on Freedom of the Media The OSCE Representative on Freedom of the Media functions as a watchdog on media developments in all 57 participating member states of the Organization for Security and Co-operation in Europe (OSCE). The representative provides early warning on viol ...
's "close following of the criminal procedures against media owner Ivo Prokopiev.
In response to former Prime Minister
Boyko Borisov
Boyko Metodiev Borisov ( bg, Бойко Методиев Борисов, ; born 13 June 1959) is a Bulgarian politician who served as the prime minister of Bulgaria from 2009 to 2013, 2014 to 2017, and 2017 to 2021, making him Bulgaria's List of ...
's claims that "Prokopiev is the same as
Delyan Peevski
Delyan Slavchev Peevski ( bg, Делян Славчев Пеевски ) (born 27 July 1980) is a Bulgarian politician, oligarch, entrepreneur and media mogul. He served as MP from the parliamentary group of the DPS in the 41st, 42nd, 43rd ...
," Prokopiev argued that such allegations are false and representative of Bulgaria's many
deep state features. Furthermore, he shared his views that the Prime Minister has been a part of Bulgaria's problems, not the solutions to them.
References
Bulgarian State Freezes Assets of Critical PublisherBulgaria harasses independent media group again*[https://seenews.com/news/bulgarian-court-acquits-independent-newspaper-publisher-charged-with-voicing-opinions-704384 Bulgarian court acquits independent newspaper publisher charged with ‘voicing opinions’]
Influential Entrepreneur Ivo Prokopiev is Suing Bulgaria in the European Court of Human RightsSpecialised Court rules defendants innocent in trial for EVN privatisationReporters Without Borders - BulgariaBoard of ENPA European Newspaper Publishers Association
*
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TRANSFUSE membersAlfa Finance Holding management ww.alfafinance.bgbr>
Economedia history
External links
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{{DEFAULTSORT:Prokopiev, Ivo
Bulgarian businesspeople
Living people
1971 births
People from Razgrad
University of National and World Economy alumni