Market announcement

Arco Vara AS

Category

Other corporate action

Date

05.12.2023 09:02:12

Title

Daniel Yordanov määrati Arco Vara Bulgaaria uueks juhatajaks

Message

Arco  Vara AS  valis Bulgaaria  üksuste uueks  juhatajaks Daniel  Yordanovi ning
lõpetas   ennetähtaegselt   lepingu   Bulgaaria   üksuste  endise  juhi  Kaloyan
Radosslavoviga.

Daniel  Yordanovist saab Arco Vara ASi  tütarettevõtete Arco Vara Bulgaria EOOD,
Botanica  Lozen EOOD,  Arco Invest  EOOD, Arco  Manastirski EOOD, Arco Riverside
EOOD ning Iztok Parkside EOOD juhataja. Juhtimise leping sõlmiti 3 aastaks.

Uue  juhataja  põhiülesandeks  ja  vastutuseks  on  käimasoleva  Botanica Lozeni
arenduse  jätkamine Bulgaarias,  uute arenduste  leidmine, meeskonna tugevdamine
ning grupi Bulgaaria haru üldise kasumlikkuse suurendamine.

Enne   Arco   Varaga   liitumist   omandas   Daniel   Yordanov   tugeva   tausta
kinnisvaranõustamise,   investeerimise   ja  arenduse  valdkonnas.  Danielil  on
bakalaureuse  kraad (BSc) rahanduses (University  of National and World Economy,
Sofia,   Bulgaaria)   ning   magistrikraad   (MSc)   juhtimises  (University  of
Huddersfield,  Suurbritannia).  Samuti  on  õppinud  ta  The  London  School  of
Economics and Political Science's kinnisvara rahandust.

Arco Vara Bulgaria uus tegevjuht Daniel Yordanov: ?Usun ettevõtte vaieldamatusse
edusse   ning   uute   äritegevuste   ja   projektide  edukasse  arendamisse  ja
elluviimisse.  Mul  on  suur  rõõm  ja  au  saada  osa  meeskonnast  ja esindada
ettevõtet."

Daniel on Royal Institution of Chartered Surveyors (RICS) liige.

Uus juhataja ei oma Arco Vara AS-i aktsiaid.


Tiina Malm
Finantsjuht
Arco Vara AS
Tel: +372 614 4630
tiina.malm@arcovara.com

Title

Daniel Yordanov is appointed the new manager of Arco Vara Bulgaria

Message

Arco Vara AS appointed Daniel Yordanov as its new General Manager of Arco Vara
Bulgaria, and prematurely terminated the contract with the previous manager of
the Bulgarian units Kaloyan Radosslavov.

Daniel becomes the manager of Arco Vara AS subsidiaries Arco Vara Bulgaria EOOD,
Botanica Lozen EOOD, Arco Invest EOOD, Arco Manastirski EOOD, Arco Riverside
EOOD and Iztok Parkside EOOD. The management contract was signed for 3 years.

The main focus and key responsibility of the newly appointed General Manager
will be to continue the ongoing development of Botanica Lozen in Bulgaria, find
new developments, strengthen the team and increase the overall profitability of
the Bulgarian branch of the group.

Before joining Arco Vara, Daniel Yordanov gained a solid track record in real
estate advisory business, investment and development sector. Daniel holds a BSc
in Finance (University of National and World Economy, Sofia, Bulgaria) and an
MSc in Management (University of Huddersfield, UK). He has also studied real
estate finance at The London School of Economics and Political Science.


Daniel Yordanov, the new CEO of Arco Vara Bulgaria: "I believe in the undoubted
success of the company and in the successful development and implementation of
new business activities and projects. It is a great pleasure and honor for me to
become part of the team and represent the company."

Daniel is a member of the Royal Institution of Chartered Surveyors (RICS).

The new manager does not own Arco Vara AS shares.


Tiina Malm
CFO
Arco Vara AS
+372 614 4630
tiina.malm@arcovara.com