Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Three businessmen accused of misappropriating EUR 76,000 through credit

Photo: BGNES

The businessman Rumen Gaitanski nicknamed the Wolf, Ivan Georgiev, a representative of Roadway Construction - Gaitanski's company, and the former head of the Bulgarian Development Bank, Stoyan Mavrodiev (2017-2020), are accused of an unsecured loan of BGN 150 million granted by the Bulgarian Development Bank to Roadway Construction in 2019, the prosecutor's office said. Mavrodiev and Gaitanski were charged in absentia, and the representative of Roadway Construction was detained for 24 hours. 
The case was initiated following a signal submitted in October 2022. Out of the BGN 150 million loan granted, the bank can collect no more than BGN 5 million /€2.5 million/, Tsanko Arabadzhiev, the executive director of the financial institution, told BNT.

He pointed out that as early as 2021, the Bulgarian Development Bank had already submitted signals to the competent authorities regarding the loan.

Gaitanski's nickname comes from the name of one of his companies. For many years, through his companies "Wolf 96", "Ditz" and "Cleaning Sofia", Gaitanski was practically a monopoly in the cleaning of Sofia.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Weather forecast: A cool morning and a warm winter day

On Wednesday, minimum temperatures will range between minus 5° C. and zero, lower in the Northeastern parts of the country where they will drop down to minus 7° C., for Sofia around minus 1° C. During the day the weather will be predominantly cloudy..

published on 2/25/25 6:55 PM
LIK magazine

LIK magazine dedicates February issue to BNR’s 90th anniversary

The magazine of the Bulgarian news agency BTA called LIK dedicates its February issue to the Bulgarian National Radio. The magazine was presented today in the marble lobby of the BNR building. The BNR marked its 90 th anniversary on 25..

published on 2/25/25 5:51 PM

President and defence minister agree more money needed for defence

An analysis of the state and preparedness of the armed forces in 2024 was presented during the Chief of Defence Annual Conference in Sofia. In their statements at the event, both President Rumen Radev and Minister of Defence Atanas Zapryanov..

published on 2/25/25 5:15 PM