Nasekomo welcomes new CFO in key year for company expansion
Nasekomo, the Bulgarian biotech company for sustainable proteins and innovative bioconversion solutions, has a new Chief Financial Officer – Svetlin Alexandrov.
He joins Nasekomo at a key stage in the company’s development. The attraction of Svetlin Alexandrov is intended to provide financial stability to the company in achieving its strategic development goals through an extensive cross-national franchise network.
Svetlin joins Nasekomo from Danfoss, where he was Managing Partner for Bulgaria and Hungary with responsibility for Finance and Administration, in parallel responsible for the relevant strategies and operations for the Adriatic and Black Sea regions.
As Nasekomo’s Chief Financial Officer, Svetlin will be responsible for financial planning, risk management and legal coordination and will be actively involved in the company’s strategic projects.
“Svetlin’s expertise and leadership come at a time when we are strengthening our position on the market and preparing to introduce additional innovative solutions in 2025. I believe his expertise and skills will contribute to greater efficiency and align our operations with our ambitious growth vision,” said Mark Bolar, Nasekomo co-founder and co-CEO.
Earlier this year, Nasekomo secured €8 million Euro in Series A funding to establish and expand a network of franchis bioconversion factories across Europem, first of which will be in Bulgaria.
Nasekomo is actively investing in digitgallization and optimization of production processes through machine learning and artificial intelligence and is working on creating digital twins of future bioconversion factories.
“I am very pleased to join the Nasekomo team. The company’s mission, the enthusiasm and the dedication of everyone here not only impresses but also motivates me to higher excellence and results. I believe that with my experience and knowledge I will help to achieve Nasekomo’s ambitious strategic goals in the short and long term,” said Svetlin Alexandrov.