KYB: Three Years of Growth, Partnership and Responsible Development in Bulgaria

In 2022, KYB Corporation began its operations in Bulgaria — a country that became a new point of growth and a space to realize the philosophy of responsible development. Over the past three years, the company has implemented a range of infrastructure, residential and social projects, gradually shaping a new urban quality in Varna and the region.

From the very beginning, KYB has focused not only on its own developments but also on improving the city environment. In partnership with the Municipality of Varna, the corporation financed road reconstruction on Georgi Boev and Sava Radulov streets, improving accessibility for residents and visitors. KYB also cleaned and landscaped the slope in the Alen Mak area, creating convenient paths to the sea and planting around 2,000 trees and shrubs, transforming the area into a pleasant green park.

In spring 2025, together with SkyUp Airlines, KYB launched the first direct flight from Chisinau to Varna, strengthening economic connectivity and opening new business opportunities across the Black Sea region. These initiatives, combined with KYB’s construction projects, helped attract over €420 million in foreign investment, create around 800 new jobs, and contribute tens of millions of euros in taxes to the Bulgarian economy.

People and the environment remain KYB’s top priorities. Through its eco-initiative “Slivi za smet” (Plums for Trash), the team combines sport and environmental action — collecting over a ton of waste for recycling.

KYB has also initiated the creation of an innovative School of the Future in Varna, focusing on child development, cultural respect, and modern educational values.

“We came to Bulgaria not just as investors, but as partners — building trust, creating jobs, and shaping an environment where people truly want to live and work. Over these three years, KYB has become part of Bulgaria’s economic and cultural life — and we see this as both an honor and a responsibility,” said Oleh Nevzorov, founder of KYB Corporation.

The company’s close partnership with the “Mi Razom” Ukrainian Community has played a key role in supporting cultural events, humanitarian initiatives, and the integration of Ukrainians into Bulgarian society. During the natural disasters of autumn 2025, KYB provided material aid to the affected areas of Varna, reaffirming that social responsibility is at the core of the company’s values.

Today, KYB continues to develop new residential, commercial, and infrastructure projects in Varna, combining investment appeal, contemporary architecture, and human-oriented design.

Bulgaria has become an integral part of this mission — and three successful years prove that responsible development truly has the power to transform cities and lives.