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16 November 2016

MBA student from Bulgaria reaches the finals of the European Business Awards for Environment

Mr. Stoyan Tachev, Head of Project & Process Management and CSR Coordinator at BILLA Bulgaria
Mr. Stoyan Tachev
Head of Project & Process Management and CSR Coordinator at BILLA Bulgaria


 

Congratulations to our MBA student, from Bulgaria, Mr. Stoyan Tachev, who made it to the final round of the European Business Awards for Environment (EBAE) 2016/2017 with his company BILLA Bulgaria and the project on biodegradable waste.

In the frame of the awards, Mr. Tachev, Head of Project & Process Management and CSR Coordinator at BILLA Bulgaria, presented a project on "Utilisation of biodegradable waste" which earned him a place at the finals. Mr. Tachev said about the project: “Since the municipality of Sofia’s biogas (electricity) facility started operation in January 2014, BILLA worked together with the facility to produce compost and biogas out of the waste they produce. This project has multiple goals: to reduce the waste that reaches landfill; to give a positive example of doing business in a responsible way; and to become a leader in integrating sustainability into the business model in retail.”

BILLA Bulgaria, is the third largest food retailer in Bulgaria with currently 108 stores in operation.  It is the only big retail chain in Bulgaria that cooperates directly with the biogas facility. In 2015 BILLA utilized 30% (626 metric tonnes) of all the waste it generated in Bulgaria. The long-term goal is to reach 100%, which will be possible when the waste-to-energy infrastructure is in place in all major cities in Bulgaria.

Mr. Tachev added: “We couldn’t be more proud about this achievement. Making business with a strategic goal to improve environmental performance is within BILLA’s philosophy and making it to the finals of a European competition with one of our project is definitely a great reward. We do continue working with Sofia municipality to utilize bio waste (food after expiry date, rotten fruits and vegetables etc.).”

The European Business Awards for the Environment (EBAE) recognises pioneers and celebrates companies at the forefront of eco-innovation, or which have a respect for the environment at the very core of their business principles.The awards are held every second year.

The International Faculty warmly congratulates Mr. Stoyan Tachev and wishes him all the best in his future endeavours!

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