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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.

Today we celebrate one of the most important professional holidays in Bulgaria — Builder’s Day (Dimitrov day), a time to express gratitude to all those whose effort, knowledge, and dedication help shape a better future for all of us.‍

The Arcanum team extends its heartfelt congratulations to all builders, engineers, architects, designers, and specialists who demonstrate professionalism, precision, and commitment in every detail. Your work creates projects that inspire, transform spaces, and define the face of modern construction. Construction is more than just a profession — it is a calling and an art, combining vision, responsibility, and creativity.

At Arcanum, we believe that true quality is achieved through professionalism, trust, and teamwork. Today, we express our deep appreciation to everyone who builds with integrity, passion, and perseverance.
We wish you good health, inspiration, and new accomplishments. May each of your projects stand as a symbol of stability, reliability, and beauty.

Happy Builder’s Day!

With respect and gratitude,
The Arcanum Team

The international development corporation KYB took part in the Bulgarian-Ukrainian Business Forum, held at the Bulgarian Chamber of Commerce and Industry (BCCI) with the support of the Embassy of Ukraine in the Republic of Bulgaria, as well as the Ukrainian and Bulgarian-Ukrainian Chambers of Commerce and Industry.

The event brought together more than 60 companies from both countries and served as a platform for discussing investment opportunities and guarantees for businesses in Bulgaria, amid growing interest in local development projects.

Participants highlighted the strengthening of economic cooperation between Ukraine and Bulgaria: bilateral trade turnover exceeded USD 1.7 billion in 2024, and during the first five months of 2025, it increased by another 6%. Currently, more than 1,600 Ukrainian companies operate successfully in Bulgaria, while 350 Bulgarian businesses have already invested in projects in Ukraine.

During the panel session, KYB Corporation presented its Bulgarian portfolio and concept of responsible development. The presentation focused on the company’s progress in residential and commercial real estate, infrastructure, and urban environment improvement, as well as on potential opportunities for cooperation with Bulgarian partners in construction, logistics, and energy sectors.

“As an international corporation, we carry the responsibility of representing the economic potential of the countries where we operate. The mission of business is to connect the interests of states and people, creating a shared and sustainable future. To achieve this, we must constantly build new relationships and partnerships,” said Oleg Nevzorov, founder of KYB Corporation.

The forum also showcased KYB’s social initiatives in Bulgaria, implemented in partnership with the humanitarian organization ‘We Together’.

“Business can provide resources, while charitable organizations can direct them where they are needed most. That’s why cross-border cooperation is equally important in both economic and humanitarian spheres. We’ve already proven this by helping to overcome the aftermath of the cyclone in Bulgaria,” emphasized Kristina Vier, representative of the NGO We Together.

Following the event, KYB Corporation reaffirmed its plans to expand investment projects in Varna and to develop joint opportunities for European investors in the region.

“KUB has extensive experience in implementing international-scale projects. One of the latest is a hotel under the Wyndham Garden brand near Bucharest Airport, aimed at strengthening the hospitality network between Eastern Europe and the Balkans. This is exactly the kind of strategic investment we intend to continue developing,” noted Anna Dobrovolska, representative of KYB.