Summary
Overview
Work History
Education
Generic
Vladimir Vladimirov

Vladimir Vladimirov

CEO/CFO
Sofia

Summary

Senior executive with extensive C-level experience across infrastructure, transportation, construction, manufacturing, real estate, and corporate services. Proven track record in managing full business operations, including strategic planning, budgeting, P&L responsibility, process optimization, sales development, subcontractor and contractor management, and team leadership. Experienced in representing organizations before domestic and international institutions, including World Bank, European Commission, international financial institutions, and national regulatory bodies. Languages: Native Bulgarian, Fluent English, Working knowledge of German.

Overview

20
20
years of professional experience
16
16
years of post-secondary education

Work History

PROPHON
  • Company Overview: collective management of neighboring rights, €4.5 mil. revenue
  • Achieved 30% growth in revenue and operational cash flow by streamlining internal administrative and operational processes. Introduced significant technological and process improvements, enhancing office efficiency, service quality and regulatory compliance.
  • Successfully represented the organization before national authorities, regulatory bodies and international partner organizations (IFPI, SCAPR), ensuring full alignment with legal and sector requirements.
  • Collective management of neighboring rights, €4.5 mil. revenue

MONBAT
  • Company Overview: leading European batteries' producer, listed on BSE, 1500 employees, €199 mil. revenue
  • Supported planning, budgeting and reporting
  • Leading European batteries' producer, listed on BSE, 1500 employees, €199 mil. revenue

Chief Executive Officer, Board Member

Sofia Commerce JSC
01.2009 - 01.2018
  • Company Overview: non-bank financial service, listed on BSE, 500 employees, €3 mil. revenue
  • Improved financial planning, budgeting, and reporting, strengthening internal control and operational efficiency. Coordinated regulatory compliance and corporate governance, ensuring full transparency towards financial authorities and the stock exchange.
  • Non-bank financial service, listed on BSE, 500 employees, €3 mil. revenue

Bulgarian State Railways
01.2007 - 01.2011
  • Company Overview: transportation, 15 000 employees, €220 mil. revenue
  • Developed and executed a long-term transformation strategy, including change management plans, budgeting, and performance monitoring of subsidiaries (KPIs and targets). Actively monitored the railway market, and introduced process improvements resulting in increased operational efficiency and stronger market positioning.
  • Led full-scale organizational and operational restructuring, optimizing administrative structures, operational processes, performance monitoring, and resource allocation across the national railway network.
  • Conducted complex negotiations with World Bank, European Commission, KfW and leading international banks, ensuring financing, regulatory compliance, and institutional coordination on large-scale infrastructure programs.
  • Turned a €34 million loss to €0, reduced debt from €425 million to €89 million and increased cash reserves from €11 million to €36 million by implementing strategic initiatives such as Business Process Reengineering, Zero Based Budgeting, and IT transformation.
  • Transportation, 15 000 employees, €220 mil. revenue

Chief Financial Officer

Food-Yard Holding JSC, TAHAL Group
01.2006 - 01.2007
  • Company Overview: FMCG manufacturing, 130 employees, €6 mil. revenue
  • Accountable for comprehensive operational and project management, budgeting, construction oversight, and administrative coordination across multiple project sites, reporting directly to the international B Directors.
  • Established budgeting, costing, IFRS reporting, KPIs, consolidation and control systems, for manufacturing and distribution operations in Bulgaria and Greece, improving profitability and financial control.
  • Built and managed international reporting structures with auditors and controllers in Bulgaria, Greece, Israel, and the Netherlands, ensuring full group-level coordination.
  • Managed operational downsizing during the financial crisis, stabilizing profitability and optimizing organizational structure.
  • FMCG manufacturing, 130 employees, €6 mil. revenue

Chief Financial Officer

Clearcominvest Holding
01.2005 - 01.2006
  • Company Overview: investment, real estate, construction, 250 employees, €20 mil. investment
  • Managed operational, administrative and financial aspects across multiple companies and construction projects.
  • Improved financial stability and reduced financial risk by implementing centralized treasury management, comprehensive cash planning, and effective currency risk management.
  • Enhanced liquidity, increasing available cash by €1 million through efficient netting, pooling, and optimized cash-flow processes. Achieved 15% cost savings by systematic project reviews, structured reporting procedures, and rigorous project cost control measures, significantly improving project execution and operational efficiency.
  • Investment, real estate, construction, 250 employees, €20 mil. investment

Chief Financial Officer

Kalvacha JSK
01.2003 - 01.2005
  • Company Overview: Distribution of fuels, manufacturer of LPG equipment, 600 employees, €60 mil. revenue
  • Managed Group finance across Bulgaria, Serbia, Macedonia, Romania, Albania and Turkey.
  • Consolidated financial operations and administrative management across international subsidiaries, ensuring profitability and organizational efficiency during rapid regional expansion. Successfully implemented business process reengineering, advanced budgeting methods (including activity-based costing), rigorous cost control mechanisms, and clearly defined revenue and cost centers.
  • Improved strategic and operational decision-making by introducing accurate adjusted market-cost methodologies, enhancing transparency, resource allocation, and operational effectiveness across all regional units.
  • Distribution of fuels, manufacturer of LPG equipment, 600 employees, €60 mil. revenue

Education

Doctor of Business Administration -

Durham Business School
01.2015 - 09.2025

Chartered Certified Accountant -

ACCA
12.2005 - 03.2010

MBA -

University of South Carolina / WU Vienna
05.2002 - 08.2003

Master in International Business - Financial Management

UNWE
01.1994 - 1 2000

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Vladimir VladimirovCEO/CFO