Vasil Terziev confirmed: 'Telerik' started as a part of 'KIMKOOP' - a company that collected old DS cadres

PP-DB mayoral candidate Vasil Terziev confirmed the news published by a BGNES investigation team: that his company "Telerik" was part of the company "KIMKOOP", which brought together former State Security cadres.

In an interview with BNR today, Terziev said that "what happened is that we /Telerik/ started as part of KIMKOOP".

The company, which has achieved extraordinary success, was started as a "new business activity" in a military equipment trading company: the State Gazette officially announced Telerik JSC as part of the holding company Kimkoop Trading Ltd, which according to its own website officially advertises itself as a military equipment trading company. One of Terziev's partners in Telerik admits himself that in 2002, when Telerik started, they did not have enough money to register their own company, as well as to keep their own books, have their own office, etc. "We started as a new business activity in Kimkoop, but we have always gone our separate way. The relationship is actually familial - Kimkoop Trading is owned by the father of one of the founders of Telerik," claims Terziev's partner. The generous support comes precisely from his father - businessman Georgi Georgiev.

Digging into the company records, we found that Kimcoop Trading Ltd. actually has several incarnations. Its original incarnation was the KIMKOOP cooperative, which started operations at the dawn of democracy - in 1990. According to the Articles of Association in our possession, at least as at 30 April 2003, the cooperative had a staff of 9. Among the seemingly unknown partners shines the name of a bright political figure in the years of transition. It is hardly by chance that she has ended up in this team. We are talking about the former BSP leader and Chairman of the National Assembly Mikhail Mikov. No less interesting is the company around him. The names of three of the partners have been the subject of checks by the Commission on Files and have been revealed as linked to the structures of the former State Security.

During the verification of the governing bodies of the Insurance Company "Burgas" the name of Kalin Ivanov Barzov came up as a member of the management, but so did the name of the recruiter and his leading officer from PSU - IV Hristo Dimitrov Karakolev. He was part of the "KIMKOOP" team.

Zlatko Neykov Zlatev - Agent Karl, who worked for the Second and Third Directorate of the State Security Service, is highlighted in his capacity as Chairman of the Directors of Belasitsa EAD - Petrich. The third deserter in the company of "KIMKOOP" is Alexander Petrov Trifonov, a staff officer of the State Security Service, declared as a recruiter by decision of the Commission No. 108.

In 2001 Georgi Georgiev, Zarko's father, registered Kimkoop Holding Ltd., in which over the years his son Svetozar Georgiev appeared as a partner and manager. This is the company-rocket carrier of Telerik. But Georgiev Sr. remains in the constellation of related companies with his old partners, the DS-ari of the KIMKOOP Cooperative.

For example, the DS officer Hristo Dimitrov Karakolev is connected through the company Svartevet San Siy . Alexander Petrov Trifonov is connected through INTERCOMERS-2003-B and TOPENCONSULT, Zlatko Neykov Zlatev is connected through ORA - Zlatko Zlatev and ORAK - Zlatev I S-E. REGIONAL CO-OPERATIVE UNION FOR SOCIAL PROGRESS and Svartehavet-SOBO LTD. are in turn in ties with the Kimkoop Cooperative. Betahouse Sofia and JOHN DE PLAYERS are also companies related to Vasil Terziev and Holding Kimkoop Ltd. There are probably many other persons in this complex algorithm of businesses who have affiliations with the State Security and the communist nomenclature, but have not been investigated and therefore not disclosed. Vasil Terziev's ambition to become mayor of Sofia has inadvertently illuminated many of these secret connections.

Despite KIMKOOP's obvious ties with the State Security Service, Terziev denies having anything to do with the structures of the former State Security Service. "We do not have any commitments and responsibilities to such structures. We started as part of Kimkoop because we did not want to register a company," Terziev said in an interview with BNR. A moment later he admits the opposite - that he and his partners financed the company themselves. "The only money that this activity, which grew into "Telerik", had was savings from the salaries of Svetozar, Boyko, Hristo and me. The company was financed solely by funds from customers who bought products from us."

Company records today cast grave doubts on the claims of Telerik's founders that their business was the product "solely of risk and intellect," they succeeded "without protection or privilege." Vasil Terziev, when starting Telerik, should have been interested in what dependencies with the past the company that adopted them was in. But apparently the topic of the DS did not bother him. /BGNES