1. Momchil Vasilev | CV
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Momchil Vasilev Anastasov
momchil.vasilev@via.bg
+359 896 637 639
16.09.1976,
Sofia, Bulgaria
Over 20 years of extensive experience in delivering financial and project management services
to external and internal clients across wide range of industries.
PROFESSIONAL EXPERIENCE
VIA Group
Investment group with projects in aviation, petro-chemicals, mining and construction materials, renewable energy, real estate
industries etc. with turnover of over Euro 100 million
Director “Finance and Administration” (April 2011 – Present)
Responsibilities:
 Development of a corporate governance model of the Group;
 Responsible for developing and implementing of financial, IT, and payroll processes, policies, procedures and reporting
system for the companies in the group, as well as for the migration of those functions to the Group’s lean financial share
service center;
 Organize and supervise the execution of the above processes by the Group’s finance share service center and the supply of
the shared services to the group units, achieving higher efficiency in those supporting business areas;
 Lead the structuring and implementation of controls, in order to ensure the completeness and accuracy of the processes
execution;
 Management, development and coaching of Finance Function team managers;
 Communication with regulatory and tax authorities;
 Responsible for the financial management of various investment projects of the Group;
 Responsible for attracting debt or equity finance – successful attraction of equity funding from Chinese investors for several
projects of the group, including Plama Refinery AD (Bulgaria) and solar projects (Bulgaria);

2. Momchil Vasilev | CV
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 Managing key Group projects from financial, operational, market and risk perspectives, providing basis for informed
management decisions for the shareholders;
 Business and financial risk management and analysis of investment projects;
 Financial feasibility and business analysis of investment projects;
 Negotiation with credit institutions;
Specific projects:
• Building of an organizational and governance model for the Group;
• Structuring of business processes, planning and accountability for the Group’s oil refinery and charter airline;
• Developing of interest, FX and fuel hedge strategy for the Group’s airline;
• Leading VIA’s team on the acquisition bid for one of the largest banking groups in South Eastern Europe – Hypo Alpe Adria
Bank;
• Financial feasibility analysis and business planning for photovoltaic power plants;
• Financial feasibility analysis and structuring of the financing for the supply, processing and sale of petroleum products;
• Leading the preparation for listing the Group’s airline on the Bulgarian Stock Exchange;
• Developing investment pitches for the Group’s airline and industrial assets, as well as, leading the communication with
potential investors;
• Co-managing a project for developing an industrial park on the site of Plama Refinery;
• Financial feasibility analysis and structuring of the financing for the supply, processing and sale of petroleum products;
• Financial feasibility analysis and business plan for the development of quarries for building materials;
• Structuring of the models for financing according to the rules of Islamic banking;
• Financial feasibility analysis and business plan for the development of livestock herding business;
• Structuring of projects for funding under the Operational Program "Competitiveness of the Bulgarian Economy".
PricewaterhouseCoopers
Senior Manager, Audit/M&A/Performance Improvement Services (1994 – April 2011)
Responsibilities:
• Planning, management and implementation of business services delivery projects for clients across wide range of industries
covering:
o Due diligence and mergers/acquisitions;
o Preparation and review of business plans and feasibility studies;
o Organizational restructuring;
o Change Management;

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o Design and optimization of business processes;
o Identification and implementation of cost optimization initiatives;
o Improvement of the management systems and control;
o Development of process and forms for reporting and consolidation;
o Optimization of working capital, human resources, administration and more.
o Compliance with regulatory requirements, internal audit and management control;
o Due diligence and mergers/acquisitions;
o Preparation and review of business plans and feasibility studies;
o Financial audits.
• Responsibility for business development in services related to organizational restructuring and private clients in Bulgaria;
• Regional leader in the business development of projects in the "Transport and Logistics" industry in Southeast Europe;
• Management and business development of the PwC office in Varna (2001-2003 years). Permanent staff managed of 10,
reaching up to 25 on some projects;
• Management, development and coaching of team members. Project teams varied from 6 to 25.
Specific projects:
• Leading the sales advisory teams on the privatization of Bulgarian Maritime Fleet and Bulgarian River Navigation;
• Leading the advisory team on the restructuring and spinning off of non-core businesses of JAT Airways;
• Coordinating the work of the advisory team for a bidder on the concession for the Varna and Burgas airports;
• Strategic development and Finance Function optimization advisory and financial audit of a large Bulgarian agro producer;
• Development of a system with key performance indicators to measure the performance of key management personnel and
related reward system for large construction and engineering company;
• Assessment of the key management personnel in Bulgaria for a major international energy company;
• Restructuring of the largest Bulgarian manufacturer in the food industry, including changes in the legal and organizational
structure of the companies in the group, the organization of activities, processes and document flow, optimizing the
different business cycles, developing a system to assess and reward staff performance and design of a performance related
remuneration system;
• Restructuring of large diversified Bulgarian FMCG holding company, including changes in corporate governance model and
re-design of business processes;
• Strategic development and Finance Function optimization advisory for the largest feed producer in Bulgaria;
• Planning, management and coordination of a large consulting project for the introduction of IFRS, financial modeling and
business planning training for senior management in the railway company in SE Europe;
• Optimization of business processes for a large company in the field of consumer electronics and home appliances retail

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sales with a view of implementation of a high class ERP system. Project management of the process of selecting an ERP
system vendor and system integrator;
• Restructuring of a large food retail chain, including the organizational structure, business process optimization,
documentation, development of a new grading structure, personnel evaluation and remuneration system;
• IFRS to US GAAP accounts conversion for the Bulgarian subsidiary of a major international energy company;
• Participation in an international team of independent performance review and analysis of possible options for the
restructuring of a large Bulgarian steel plant;
• Ongoing advice and support to owners and key management team in the strategic development of a number of local
companies.
Sirma Media AD
Member of the Board of Directors (2009 – Present)
Responsibilities:
• Ongoing support to the operational management of company regarding the strategic planning;
• Ongoing support to the operational management in generating and implementation of ideas for business development;
• Ongoing support to the executive management in the field of financial management.
EDUCATION BACKGROUND
University of National and World Economy (UNWE) in Sofia, Bulgaria (1995– 1999), Master of Science -
Economics
National School of Finance and Economics in Sofia, Bulgaria (1991 – 1995) – Bachelor of Science – Finance
and Accounting
Fellow of the Association of Chartered Certified Accountants (UK) ACCA;
OTHER RELEVANT ENGAGEMENTS
Mentor to the NextGen, the junior section of the Family Business Network chapter in Bulgaria
(2007 – 2009)
Member of the Management Board of "SOS Children's Villages Bulgaria" (2008 – Present);
Member of the Board of Corporate Social Responsibility PwC Bulgaria (2008 – 2011).

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LANGUAGES
Mother tongue: Bulgarian
European
level*
Understanding Speaking Writing
Listening Reading
Spoken
interaction
Spoken
production
Russian C1 Proficient C1 Proficient C1 Proficient C1 Proficient C1 Proficient
English C1 Proficient C1 Proficient C1 Proficient C1 Proficient C1 Proficient
Serbian A2 Basic user A2 Basic user A2 Basic user A2 Basic user A2 Basic user
(*) Common European Framework of Reference for Languages
SKILLS
 Leadership,
 Negotiation skills,
 Communication skills,
 Proactiveness and initiative,
 Creativity,
 Analytical thinking,
 Adaptable to changes.
INTERESTS
 Geography – travelling, people, cultures, history.
 Sports – swimming