Mitko Dimitrov

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Mitko Dimitrov (Bulgarian: Митко Димитров; born 1953 in Sliven, Bulgaria) is a prominent Bulgarian businessman. As the owner and CEO of the Payner music company promoting pop-folk music, Dimitrov belongs to the group of the most successful entrepreneurs from South-East Europe region. He discovered and brought to fame many modern stars of the Bulgarian pop-folk music scene.


Dimitrov is a graduate of the Engineering Faculty at the Technical University of Varna. During the Zhivkov era he worked as a mechanical engineer and later as a chief engineer.[1] In 1990 he started his company Payner. In 2007 Dimitrov announced that he would run from the lists of the GERB party for the municipal councilor in his family town of Dimitrovgrad. However after the objection of the party leader Boyko Borisov, Dimitrov withdrew his candidature.[2]


Payner (Bulgarian: Пaйнер) is the most popular pop-folk recording company in Bulgaria. It hosts the most famous singers of the Bulgarian pop-folk scene these days. Originally Payner started with the production of audio and videotapes for the Bulgarian market and for exportations abroad.[3] In 1993 the "Payner" created company's first recording studio and in 1995 its videos production. In 2002 Dimitrov created a music television channel "Planet", which is considered the best folk TV media of the Balkans[4] and in 2007 second satellite channel "Planeta Folk". Production facilities and the head office of Payner LTD are situated in Dimitrovgrad.


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