Short Bio

During his time with the Bulgarian Sports Totalisator, Svetoslav was in charge of coordinating the procedure of the Totalisator's first application for a batch of licences under the Gambling Act of 1999. The process was extremely successful, with all licences applied for being issued despite the State Gambling Commission being very confused about how to exercise its competences under what had been Bulgaria's first Gambling Act.

In 2001, Svetoslav led the team in charge of preparing and negotiating the contract for the refitting and upgrading of more than 80 petrol stations in the Petrol AD network. Under this multimillion euro agreement, Naftex Engineering AD updated more than 80 stations throughout Bulgaria over a period of more than two years.

Svetoslav was a part of the legal team supporting the biggest package sale of individual sites in Bulgaria to date, concluded in 2008 between Petrol AD and Lukoil Bulgaria EOOD. Under this contract the ownership of almost 100 fuel stations and the fuel storage depot in Ilientzi, Sofia (the biggest one in Bulgaria) was transferred to Lukoil Bulgaria. In particular, he was responsible for obtaining antitrust clearance by notifying the deal to the Commission for Protection of the Competition and for the process of applying for approval for the sale. He was a key member of the team which produced and negotiated the entire system of contracts between the two companies.

Between 2008 and early of 2010, Svetoslav supervised the purchases of several aircraft for the purposes of Air Lazur General Aviation from various partners, including Bombardier.

Since 2008 Svetoslav has supervised the preparation of all model agreements for issuance of Transcard credit cards, including those issued under the brands of JCB and Mastercard.