Nikolay Kolev, a manager with 25-year experience in the pharmaceuticals and financial sectors, is replacing Sebastian Ring who will stay with Phoenix Group, the shareholder of Farmexim and Help Net.
In his role of general manager and Chairman of the Board of Directors, Nikolay Kolev will be handling the operations in Romania and Bulgaria.
Since 2017, Nikolay Kolev has been general manager and Chairman of the Board of Directors of Phoenix Pharma Bulgaria and President of the Association of Pharmaceutical Wholesalers in Bulgaria.
In 2018, Farmexim and Help Net joined Germany’s Phoenix Group which actively operates in 26 countries and has more than 39,000 employees.
Farmexim-Help Net Group ended 2020 with a turnover of EUR734.2 million, up 12% versus 2019.