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Investor Media Group Made the Most Significant Media Investment in Bulgarian Education

2017-09-11
Investor Media Group (Investor.BG AD 4IN /BGTR30/) finalized the acquisition of 90% of the shares of the VUZF University of Finance, Business and Entrepreneurship. This is the most significant investment of a media company in an educational institution in Bulgaria that nurtures the most valuable people for the business of tomorrow. The strategic goal of the media group is to continue the successful line of development of VUZF as the most contemporary and practically oriented educational institution in the area of finance, economics and entrepreneurship. Together with the founder and rector Assoc. Prof. Grigorii Vazov, PhD, Investor Media Group will invest in the academic program upgrade, and in increasing the opportunities for collaboration with the business, so that the students acquire practical experience even before they graduate from the university.

Apostol Apostolov was appointed President of the institution. He has a proven record of success in finance and management, as well as more than 10 years of experience as a teacher in VUZF in the Capital Markets discipline. Apostolov has gained expertise in the development of capital markets in the period 1995 - 2009. Between 2003 and 2009 he was Chairman of the Financial Supervision Commission, and since 2011 he is Chairman of the Supervisory Board of Texim Bank. Since 2012 he is Chairman of the Board of Directors of the Central Depository and member of the Supervisory Board of Cez Distribution. He has a degree in banks and banking from the UNWE, and before that he graduated from the Technical University in Plovdiv.

The management of the academic program remains under control of the rector Assoc. Prof. Grigorii Vazov, PhD, and the vice-president Detelina Smilkova. Students can join several new master’s and bachelor’s programs, based on innovative and practical methods of teaching http://iskam.vuzf.bg/.

The media group will support the academic program of VUZF with additional opportunities for acquiring practical knowledge, and one of the future projects envisages trainings at Bloomberg TV Bulgaria for the students in the financial and economic disciplines.

„The long-term strategy of Investor Media Group to develop and support the quality education in Bulgaria has raised to a next level – a direct investment in a university. We are happy to be part of the future of VUZF, which in the past 15 years affirmed itself as a standard of business education. I believe that together with the exceptionally good and established academic team we will make a serious step ahead in creating tomorrow’s entrepreneurs and valuable people for the corporate world – and this is also a mission of our financial media“, commented Victoria Mitkova, executive director of Investor Media Group.

„In the past 15 years VUZF has established itself as a leading institution for higher education in Bulgaria, that not only provides its students with great knowledge in the financial, insurance and business spheres, but also makes them eligible for suitable jobs before graduation. As part of Investor Media Grouр – the biggest business media group in Bulgaria, we will expand our field of activity even further. This is a huge step in increasing the role of the business in the university, so that we give our students new practical opportunities, more expert-based and innovative education, and chances to meet popular names from the local and international business arena“, commented Assoc. Prof. Grigorii Vazov, PhD, Rector of VUZF.
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