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Ivaylo Penchev

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Ivaylo Penchev
Born
Ivaylo Penkov Penchev

(1970-03-10) 10 March 1970 (age 54)
Veliko Tarnovo, Bulgaria
NationalityBulgarian
Alma mater
Occupations
  • Entrepreneur
  • Businessman
Years active1992–present

Ivaylo Penchev is the co- founder and CEO of Walltopia, the largest climbing wall manufacturer in the world.[1] He, along with Metin Musov, founded the company in 1996 in Sofia, Bulgaria.

Early life

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Penchev was born in Veliko Tarnovo on 10 March 1970 to Penko Penchev (born 1946) and Radka Pencheva.[2] Growing up he became interested in physics and enrolled in Sofia University, studying theoretical physics. However, he dropped out in 1994 as he got involved in trade and, ultimately, the development of Walltopia.[3]

Career

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Penchev is the founder of other companies, such as HRT climbing holds, which is the largest producer of polyester resin climbing holds.[4]

Social positions

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Penchev and his company are staunch supporters of LGBT rights and adoption rights for gay couples in Bulgaria.[5] He praised the efforts of Sofia Pride 2018, stating, "I realized that they felt unaccepted and because of their difficult situation they are trying to find their own happiness. That’s why we decided to support Sofia Pride – people should not be afraid to be themselves no matter what".[6]

In March 2020, the University Alexandrovska Hospital rejected an conditional donation offer by Penchev to purchase respiratory equipment as Penchev had tried to require that the employees of his company Walltopia have priority for use of the devices, including for those already in use by other patients. The hospital responded that only doctors decide who use medical devices.[7][8]

See also

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References

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  1. ^ "Ivaylo Penchev is among the most dynamic entrepreneurs in the world". itjobs.bg. Archived from the original on 21 July 2015. Retrieved 18 July 2015.
  2. ^ "WALLTOPIA подкрепя официално София Прайд 2018". София Прайд (in Bulgarian). Retrieved 4 November 2021.
  3. ^ [1]"Основателят на Walltopia Ивайло Пенчев – един от шестимата най-динамично развиващи се предприемачи в света." Мениджър News. Manager.news, 8 June 2015. Web. 18 July 2015.
  4. ^ "hrt-hold/About Us". hrt-holds.com. Archived from the original on 21 June 2016. Retrieved 18 July 2015.
  5. ^ offnews.bg, (Bulgarian text)
  6. ^ en.sofiapride.org
  7. ^ Ивайло Пенчев от Walltopia дарява 222 хил. лв. на „Александровска“ – с условие – в clubz.bg
  8. ^ Коронавирусът активира много доброволци и дарители и повдигна морални въпроси, Mediapool
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