CTP Appoints new Managing Director for Bulgaria

CTP has appointed Ivanka Ivanova as Managing Director for Bulgaria, as the company continues to expand its footprint across Central and Eastern Europe (CEE) and deliver on its strategy to reach €1 billion of annualised rental income by 2027.

Ivanka will head up CTP’s growing operations in Bulgaria, where she will be responsible for driving sustainable portfolio growth, enhancing client relationships, and delivering value for all stakeholders, including the local communities where CTP operates its Parks. Her appointment reflects CTP’s ambition to further develop its network of modern, sustainable CTParks in Bulgaria and support occupiers by delivering and managing Grade A I&L space tailored to their individual business requirements.

Ivanka brings over 20 years of strategic leadership experience, having worked in the FMCG and distribution sectors across CEE. She has served as Chief Operations Officer and Board Member with Orbico Group. Ivanka also led supply chain operations in over 20 markets for the company, spearheaded digital transformation initiatives, and directed HR strategy focused on performance and talent development.

Her achievements also include overseeing multi-country logistics operations, delivering significant cost savings and operational efficiencies for businesses. This has included leading warehouse automation projects, merging multiple entities into a unified operation in Romania, and growing 3PL business lines to generate over €50 million in annual income.

Ivanka’s experience makes her uniquely placed to support CTP’s multinational clients based in Bulgaria, where she will help enhance the efficiency of their supply chains, technology and logistics operations across Europe.

Remon Vos, CEO, CTP Group, said: “We welcome Ivanka to CTP. Her experience in leading complex logistics operations for businesses across numerous international markets makes her the ideal person to lead CTP in Bulgaria. Ivanka is also joining at a time when we’re seeing more demand from multinationals nearshoring to the country and more businesses seeking high-quality space here as Europe continues to reindustrialise. I know Ivanka’s strategic mindset and people-first approach will be instrumental in delivering long-term value for our clients and communities.”

Ivanka Ivanova, Managing Director for Bulgaria at CTP, commented: “I’m proud to be joining CTP, a thriving company with an impressive footprint and ambitious vision. Bulgaria, especially, is a rapidly growing market full of potential, and together with CTP clients and my colleagues, I look forward to strengthening CTP’s presence here, while creating value for our clients as well as the people who live and work in Bulgaria.”

CTP is home to and helping businesses expand in Bulgaria with CTParks in key locations, including Sofia, Plovdiv, and Varna. Its multinational clients that call CTParks in the country home include Lidl, Quehenberger and DSV.