Our site uses "cookies", small text files stored on your device to improve the user experience. These files are harmless and are critical to maintaining a smooth shopping experience.
The use of cookies by us is in accordance with Art. 4a of the Law on Electronic Commerce (E-Commerce) and Art. 6, paragraph 1, letter f) of the GDPR.
Prefer not to use cookies?
You can opt out by setting your browser to warn you about attempts to store cookies. Failure to do so may affect site functionality.
The privacy of your personal data is our priority, and your convenience in navigating the site is our goal.
These essential cookies provide a secure and continuous experience by supporting essential functions and preserving the integrity of our platform's operation.
SkyPrime Platform: Provides the core functionalities you interact with directly, ensuring a reliable and efficient user journey.
SkyPrime Analytics: Protects platform stability by monitoring performance metrics and analyzing user interactions to continuously improve service quality.
These cookies do not track personal information and only serve to provide a smooth and secure online experience. Because of their essential role, they remain active to support the excellent work you expect from our platform.
Restricting cookies may reduce the functionality of the site. We use cookies like Google Analytics to understand visitor behavior and improve your service without capturing personal information.
Accepting these cookies helps us provide a smoother and more secure user experience.
Disabling cookies may affect website performance. For greater clarity, we use optional cookies:
AddThis social sharing: Allows easy sharing of content on social media.
Remember me: Safely stores login details for future visits.
They enhance your experience by providing efficient navigation and personalized interactions.
Restricting cookies may interfere with the operational efficiency of our website. We value transparency and want to inform you about some optional cookies that affect your experience:
Facebook Ads: Adapts advertising based on your preferences and interaction.
Retargeting: Re-engage interested customers with relevant content.
Glami: Enhances the shopping experience with personalized fashion content.
These cookies aim to optimize your browsing and shopping experience by providing content that matches your preferences.
Our core principles – integrity, transparency, and accountability – guide every decision we make. At Balkancar ZARYA, we uphold high ethical standards in business conduct, driven by a strong commitment to regulatory compliance, risk management, and engagement with stakeholders. The Board of Directors and the management team work in unison to ensure the consistent implementation of these principles across all aspects of our operations.
BALKANCAR ZARYA
Board leadership and structure
Our governance structure is designed to support strong leadership, while fostering strategic growth. The Board of Directors and the executive management of Balkancar ZARYA comprise seasoned professionals who bring diverse perspectives to each decision. Together, they ensure the company operates responsibly, transparently, and creates value for shareholders and stakeholders alike.
→ Board of Directors – Balkancar ZARYA AD operates under a one-tier management system. The Board consists of three members: Chairman Stoyan Stoev, Chief Executive Officer Ventsislav Stoynev, and independent member Dimitar Ivanchov. The company is legally represented by CEO Ventsislav Stoynev and proxy Mariana Patova, each acting individually.
→ Committees – – To support the work of the Board of Directors, Balkancar ZARYA has established Audit Committee.
CORPORATE GOVERNANCE STATEMENT
Annual Statement as of December 31, 2024
Companies whose shares are publicly traded are required to prepare and publish an Annual Corporate Governance Statement in accordance with Article 100n, Paragraph 8 of the Public Offering of Securities Act (POSA).
ANNUAL REMUNERATION REPORT
As of December 31, 2023
Report on the Implementation of the Remuneration Policy for Board Members
Through this report, Balkancar ZARYA discloses the manner in which it implements the Remuneration Policy for the members of the Board of Directors and the Chief Executive Officer. Special attention is given to ensuring that the policy does not create incentives for excessive risk-taking, conflicts of interest, or any other behavior that could lead to adverse consequences.
TRANSPARENT COMMUNICATION, RELIABLE INFORMATION
Annual Reports and Statements
Our commitment to transparent communication ensures that all material events, regulatory disclosures, and financial statements are made publicly available in their entirety. These provide comprehensive insight into our financial and operational performance. By openly sharing both our achievements and challenges, we aim to build trust and promote accountability.
In addition to its corporate website, Balkancar ZARYA AD disseminates regulated information through the Financial Market Services EOOD – a subsidiary of the Bulgarian Stock Exchange – Sofia AD
A KEY PART OF RISK MANAGEMENT
Regulatory Compliance
Balkancar ZARYA’s commitment to compliance goes beyond legal obligations. We believe that a strong ethical foundation is critical to long-term success. Our Code of Ethics and internal compliance and risk management policies are designed to ensure that we operate with the highest level of integrity in every aspect of our business.