Ivaylo Penchev

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. Walltopia has been the leading climbing wall manufacturer since 2009 and is currently operating in over 50 countries worldwide.

Ivaylo Penchev
Born
Ivaylo Penkov Penchev

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

Early life

Penchev was born in Veliko Tarnovo on 10 March 1970 to Penko Penchev (born 1946) and Radka Pencheva. 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.[2]

Career

Penchev is the founder of other companies, such as HRT climbing holds, which is the largest producer of polyester resin climbing holds.[3]

Social positions

Penchev and his company are staunch supporters of LGBT rights and adoption rights for gay couples in Bulgaria.[4]

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".[5]

See also

References
  1. "Ivaylo Penchev is among the most dynamic entrepreneurs in the world". itjobs.bg. Retrieved 18 July 2015.
  2. "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.
  3. "hrt-hold/About Us". hrt-holds.com. Retrieved 18 July 2015.
  4. offnews.bg, (Bulgarian text)
  5. en.sofiapride.org
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