University of Economics – Varna

Department of Business, Investment, Real Estate

The Department of Business, Investment, Real Estate was established in 1953. The first Head of Department was Assoc. Prof. Gancho Radev (1953 – 1956), followed by Assoc. Prof. Nediu Karabashev (1956 – 1966), Prof. Stanislav Hadzhiev, PhD, (1966 – 1975), Prof. Georgi Dimitrov, Sc.D (Econ) (1975 – 1992), Assoc. Prof. Geno Genov, PhD (1992 – 1999; 2003 – 2005), Assoc. Prof. Georgi Nyagolov, PhD (1999 – 2000), Assoc. Prof. Ivan Zhelev, PhD (2000 – 2003), Prof. Plamen Iliev, PhD (2005 – 2019); Assoc. Prof. Bozhidar Chaparov, PhD, (2019 – 2020), Assoc. Prof. Todor Raychev, PhD, has been Head of Department since Sep 2020.

The academic staff of this Department includes 11 hold postgraduate degrees, with two professors and six associate professors among them.

The Department of Business, Investment, Real Estate administers and successfully manages student training in these degree programmes: BSc Entrepreneurship and Investment Management, BSc Real Estate and Investment, BSc Business Economics, MSc Civil Engineering Entrepreneurship and Real Estate, and MSc Project Management.

The Department aims at training professionals who recognise national and international business practices, acknowledge the norms of economic development, and understand the organization, management, financing, accounting and analysis of economic activity.

As members of faculty constantly develop professionally and do prominent research, the Department is ready to meet the new challenges in the context of the united European educational environment.

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Contact person

Anelia Nacheva

Anelia Nacheva

Anelia Nacheva

Admin Officer


+359 882164782