{"id":38414,"date":"2018-02-27T18:02:53","date_gmt":"2018-02-27T16:02:53","guid":{"rendered":"https:\/\/bivol.bg?p=38414"},"modified":"2018-04-09T11:06:25","modified_gmt":"2018-04-09T09:06:25","slug":"%d1%81%d1%82%d1%80%d0%b0%d0%bd%d0%b5%d0%bd-%d1%87%d0%b5%d0%b7%d0%ba%d0%b8-%d0%ba%d0%b0%d0%b4%d1%80%d0%b8%d0%bb-%d1%81%d0%b2%d1%8a%d1%80%d0%b7%d0%b2%d0%b0-%d0%b3%d0%b8%d0%bd%d0%ba%d0%b0-%d0%b8-%d0%ba","status":"publish","type":"post","link":"https:\/\/bivol.bg\/en\/%d1%81%d1%82%d1%80%d0%b0%d0%bd%d0%b5%d0%bd-%d1%87%d0%b5%d0%b7%d0%ba%d0%b8-%d0%ba%d0%b0%d0%b4%d1%80%d0%b8%d0%bb-%d1%81%d0%b2%d1%8a%d1%80%d0%b7%d0%b2%d0%b0-%d0%b3%d0%b8%d0%bd%d0%ba%d0%b0-%d0%b8-%d0%ba.html","title":{"rendered":"Mysterious Bulgarian CEZ Buyer Linked to Czech Billionaire, Bulgarian Energy Mogul"},"content":{"rendered":"

On June 6, 2017, the company “Inercom Investments” of Ginka Varbakova, which is the sole owner of the capital of \u201cInercom Group\u201d, had decided to officially sell 50% of the shares to the fund \u201cPatronus Third\u201d SICAV. Partners in Patronus are Czech billionaire Zdenek Zemek and former Czech Environment Minister Pavel Drobil, according to Bulgarian 24 Chassa<\/em> (24 Hours) daily.<\/p>\n

Thus, Verbakova has remained the owner of 25,000 shares from a total of 50,000. On August 3, 2017, “Inercom Investments” transferred another 13,000 shares to the company “Ferromet”, owned by Zdenek Zemek. Therefore, the control of “Inercom Group” ended entirely into the hands of the Czechs, while Ginka Varbakova was left with 12,000 shares. Czech lady Pavlina Filipi became member of the Board of Directors of \u201cInercom Group\u201d. But all this lasted less than a month.<\/p>\n

On August 24, 2017, “Patronus Third” sold back 38,000 “Inercom Group” shares to “Inercom Investments” and Ginka Varbakova became again the sole owner of the company’s capital. In this short period, obviously, there had been also a transfer of shares from \u201cFerromet\u201d to \u201cPatronus Third\u201d. Accordingly, Pavlina Filipi left the Board of Directors of Inercom Group.<\/p>\n

It is remarkable that only two days earlier, on August 22, 2017, \u201cPatronus Third\u201d SICAV acquired 51% of the shares of the company “Global Energy Distribution” from Thermal Power Plant (TPP) Bobovdol, associated with Bulgarian energy mogul Hristo Kovachki. Pavlina Filipi became then Patronus’ representative on the Board of Directors.<\/p>\n

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\u0421\u0434\u0435\u043b\u043a\u0430 \u043c\u0435\u0436\u0434\u0443 \u0422\u0415\u0426 \u0411\u043e\u0431\u043e\u0432\u0434\u043e\u043b \u0438 \u041f\u0430\u0442\u0440\u043e\u043d\u0443\u0441 \u0442\u0440\u0435\u0442\u0438 \u043e\u0442 22.08.2017<\/div><\/a>\"\"
\u0418\u043d\u0435\u0440\u043a\u043e\u043c \u0418\u043d\u0432\u0435\u0441\u0442\u043c\u044a\u043d\u0442 \u0438\u0437\u043a\u0443\u043f\u0443\u0432\u0430 \u0430\u043a\u0446\u0438\u0438\u0442\u0435 \u043d\u0430 \u041f\u0430\u0442\u0440\u043e\u043d\u0443\u0441 \u0442\u0440\u0435\u0442\u0438 \u043d\u0430 24.08.2017<\/div><\/a><\/div>\n

Thus, at least formally, for two same days, Zdenek Zemek and Pavel Drobil had positions, both, in Varbakova\u2019s company and in the company of Kovachki. Similarly, neither \u201cInercom Group\u201d nor \u201cGlobal Energy Distribution\u201d are direct candidates to buy CEZ Bulgaria, but their parent companies are participating in the auction.<\/p>\n

Ginka Varbakova’s relationship with Czech metallurgy magnate Zdenek Zemek dates back to earlier times because Zemek\u2019s companies had funded Varbakova\u2019s photovoltaic parks. Nothing has been known about Zemek’s partnership with Kovachki so far.<\/p>\n

Also, the connection between Ginka Varbakova and Hristo Kovachki until now was somewhat of an unproven speculation, as Bulgarian Capital<\/a><\/em> daily noted, recalling the fact that Zdenek Zemek’s sons have been sentenced for illegal photovoltaic parks.<\/p>\n

The new document trail confirms the intentions of the Czech businessmen to bid for the purchase of CEZ Bulgaria\u2019s assets. But why the Czechs have changed their bet from \u201cwinning horse\u201d Ginka Varbakova to loser Hristo Kovachki remains a mystery, one of the many surrounding this deal.<\/p>\n

Earlier investigations by Bivol established that in the past Ginka Varbakova and her husband Slavcho Varbakov had business relations<\/a> with figures from the criminal group SIC and with Vassil \u201cThe Skull\u201d Bozhkov<\/a>. They also have a very controversial credit history<\/a> as their properties had been foreclosed due to debts to banks and the National Revenue Agency (NRA).<\/p>\n","protected":false},"excerpt":{"rendered":"

On June 6, 2017, the company “Inercom Investments” of Ginka Varbakova, which is the sole owner of the capital of \u201cInercom Group\u201d, had decided to officially sell 50% of the…<\/p>\n","protected":false},"author":1,"featured_media":38398,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"give_campaign_id":0,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","kia_subtitle":"","_lmt_disableupdate":"","_lmt_disable":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_wpcom_ai_launchpad_first_post":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"{title}\n\n{excerpt}\n\n{url}","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false,"jetpack_post_was_ever_published":false},"categories":[8365,5542,5806],"tags":[],"class_list":["post-38414","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cez-en","category-investigations-en","category-leading-en"],"yoast_head":"\nMysterious Bulgarian CEZ Buyer Linked to Czech Billionaire, Bulgarian Energy Mogul - 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The Sofia City Prosecutor's Office has resumed the investigation into the murder of Czech citizen Libor Mirovsky, for which\u2026","rel":"","context":"In "Comments"","block_context":{"text":"Comments","link":"https:\/\/bivol.bg\/en\/category\/comments-en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/bivol.bg\/wp-content\/uploads\/2018\/06\/lidovka-molchan.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/bivol.bg\/wp-content\/uploads\/2018\/06\/lidovka-molchan.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/bivol.bg\/wp-content\/uploads\/2018\/06\/lidovka-molchan.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/bivol.bg\/wp-content\/uploads\/2018\/06\/lidovka-molchan.png?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":47886,"url":"https:\/\/bivol.bg\/en\/cez-boss-tpp-varna-cannot-provide-cold-reserve.html","url_meta":{"origin":38414,"position":2},"title":"CEZ Boss: TPP Varna Cannot Provide Cold Reserve","author":"Atanas Tchobanov","date":"9 July 2019","format":false,"excerpt":"Tom\u00e1\u0161 Pleska\u010d, Vice Chairman of the Board of Directors of Czech power utility CEZ, declared during an official meeting with Czech politicians that the Thermal Power Plant in Bulgaria\u2019s Black Sea city of Varna (TPP-Varna) had not been upgraded to operate on gas, therefore it cannot be used as a\u2026","rel":"","context":"In "Comments"","block_context":{"text":"Comments","link":"https:\/\/bivol.bg\/en\/category\/comments-en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/bivol.bg\/wp-content\/uploads\/2019\/07\/pleskac-tec-varna.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/bivol.bg\/wp-content\/uploads\/2019\/07\/pleskac-tec-varna.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/bivol.bg\/wp-content\/uploads\/2019\/07\/pleskac-tec-varna.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/bivol.bg\/wp-content\/uploads\/2019\/07\/pleskac-tec-varna.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/bivol.bg\/wp-content\/uploads\/2019\/07\/pleskac-tec-varna.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/bivol.bg\/wp-content\/uploads\/2019\/07\/pleskac-tec-varna.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":38304,"url":"https:\/\/bivol.bg\/en\/organized-crime-past-lurks-behind-present-sale-of-cez-business-in-bulgaria.html","url_meta":{"origin":38414,"position":3},"title":"Organized Crime Past Lurks Behind Sale of CEZ Business in Bulgaria","author":"\u0415\u043a\u0438\u043f \u043d\u0430 \u0411\u0438\u0432\u043e\u043b\u044a","date":"23 February 2018","format":false,"excerpt":"Duplication of social security numbers (known as unified civil number(s), EGN) is a rare case in Bulgaria, and when such case involves not two, but three persons, then it borders on a mystery. This is precisely the case of one of the managers of the company Inercom Group, which was\u2026","rel":"","context":"In "CEZ"","block_context":{"text":"CEZ","link":"https:\/\/bivol.bg\/en\/category\/b-files-en\/cez-en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/bivol.bg\/wp-content\/uploads\/2018\/02\/paytakova-300x255.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":38508,"url":"https:\/\/bivol.bg\/en\/ginkas-gencoin-is-no-joke.html","url_meta":{"origin":38414,"position":4},"title":"Ginka’s “Gencoin” Is No Joke","author":"\u0415\u043a\u0438\u043f \u043d\u0430 \u0411\u0438\u0432\u043e\u043b\u044a","date":"7 March 2018","format":false,"excerpt":"An article by Bivol's editor-in-chief Atanas Tchobanov, titled \"Fundamentals of the Ginconomics,\" was published in the 24th-anniversary edition of the satirical newspaper Prass-Press. It mocks the cryptocurrency gencoin, introduced by the unknown until recently businesswoman Ginka, who rose to fame after the news broke that she is buying the Bulgarian\u2026","rel":"","context":"In "CEZ"","block_context":{"text":"CEZ","link":"https:\/\/bivol.bg\/en\/category\/b-files-en\/cez-en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/bivol.bg\/wp-content\/uploads\/2018\/03\/gencoin.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/bivol.bg\/wp-content\/uploads\/2018\/03\/gencoin.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/bivol.bg\/wp-content\/uploads\/2018\/03\/gencoin.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/bivol.bg\/wp-content\/uploads\/2018\/03\/gencoin.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/bivol.bg\/wp-content\/uploads\/2018\/03\/gencoin.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/bivol.bg\/wp-content\/uploads\/2018\/03\/gencoin.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":38788,"url":"https:\/\/bivol.bg\/en\/bulgarian-czech-citizen-and-3-times-murder-suspect-is-mediator-in-cez-inercom-deal.html","url_meta":{"origin":38414,"position":5},"title":"Bulgarian-Czech Citizen and 3 Times Murder Suspect Is Mediator in CEZ-Inercom Deal","author":"\u0415\u043a\u0438\u043f \u043d\u0430 \u0411\u0438\u0432\u043e\u043b\u044a","date":"21 March 2018","format":false,"excerpt":"Czech citizen Nikola Molchan, suspected of murder in 2009, is negotiating on behalf of Ginka Verbakova and Inercom for the sale of the Bulgarian assets of the Czech State-owned electric power utility CEZ, the Bulgarian site ClubZ\u00a0reports, citing two independent sources, one of which is from CEZ. 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