Mandjoukov — A family holding company
A FAMILY HOLDING COMPANY · SOFIA, BULGARIA

Creativitas · Dignitas · Nobilitas

Creativity · Dignity · Nobility

Three words inscribed on the Mandjoukov family crest — our inspiration, the vision we try to live up to.

Creativitas The imagination to build something new.
Dignitas The integrity to build it honestly.
Nobilitas The responsibility to build it to last.
Mandjoukov
About

A group built on four foundations

Independently managed businesses, held under a single family structure.

Mandjoukov OOD is the parent company of a family-owned group with roots in Bulgarian industry going back over three decades. What began as a single engineering and trading business has grown into four distinct operating units, each with its own leadership and its own discipline — agricultural land, real estate, renewable energy, and media.

The group is held together not by a shared product, but by a shared approach: acquire real assets, manage them directly, and hold them for the long term. Control of each subsidiary is exercised through the parent company's direct participation, keeping decision-making close to the family and close to the ground.

Mandjoukov is run by the family itself, with the current generation working alongside the next.

Mandjoukov headquarters in Boyana, Sofia
Headquarters

Boyana, Sofia

The group is headquartered in the Boyana district of Sofia, where its management team oversees the businesses and their day-to-day operations.

Business

Four pillars, one holding structure

Independently run business units, each held directly by Mandjoukov OOD.

01

Agriculture

Agricultural land owned by the group and leased to local farmers for cultivation, acquired and held for the long term with lease terms structured for season-over-season stability. We hold land across a number of Bulgarian regions, with our holdings mainly concentrated in central and eastern Bulgaria.

Land ownership Farmer leasing
02

Real estate

Residential, office, and industrial property. Residential units are held and rented in Bulgaria, the UAE, and Italy, while offices and industrial space are concentrated in Bulgaria. We are actively developing our real estate portfolio, expanding our holdings by collaborating with other companies and by building new buildings ourselves, and we are always seeking new opportunities to partner up. We believe in real estate, and real estate backs up the word Creativitas — we seek quality above all.

Residential Offices Industrial
03

Renewable energy

Solar photovoltaic parks and battery storage facilities, developed and operated by the group as part of Bulgaria's transition toward renewable generation capacity. Despite being a business, this is a mission for us — to help sustain a greener Bulgaria.

Solar parks Battery storage
04

Media & publishing

TV Saga, our Bulgarian newspaper, alongside L'Europeo, our storied Italian magazine brand. L'Europeo is a cultural magazine whose main goal is to educate and to showcase interesting topics, continuing decades of European editorial tradition under family ownership.

TV Saga L'Europeo

The group continues to invest in new real estate projects, alongside ventures in software and renewable energy. Mandjoukov remains open to new opportunities and new partnerships, wherever interesting projects lead.

Founder

Petar Mandjoukov

Founder of Mandjoukov Ltd.

Petar Mandjoukov

Petar Mandjoukov is the founder of Mandjoukov Ltd, having built the company from a single engineering and trading business into a four-pillar holding spanning agriculture, real estate, renewable energy, and publishing. He is also the founder and honorary chairman of the Family Business Association – Bulgaria, has served on the management boards of the Union of Bulgarian Community Centres and the Bulgarian Diplomatic Association, and is the first honorary consul of the Republic of Uzbekistan in Europe.

Foundation

The Mandjoukov Foundation

The family's charitable and philanthropic work.

Alongside the group's commercial activities, the Mandjoukov Foundation carries out the family's charitable work. Mr. Mandjoukov is a firm believer in philanthropy, and it is this belief that leads him to give back through the Foundation's work. He has been recognised as Ambassador of Goodwill of the Disability Movement in Bulgaria and is a recipient of the Order of Charity awarded by the U.S. Congress, in recognition of his long-standing support for children and adults with disabilities.

The Foundation's work has also included the restoration of Orthodox heritage sites in Bulgaria — among them the Memorial Temple "St. Alexander Nevski" and the St. Georgi Rotunda, both in Sofia — as well as support for the construction of new places of worship, including the Nativity of Jesus Orthodox Temple in Sofia's Mladost district.

The Foundation has also supported the Bulgarian Academy of Sciences (БАН) with a donation toward research into Bulgaria's Thracian heritage, and Mr. Mandjoukov has donated six ambulances to the Military Medical Academy in Sofia, a modern X-ray unit to "St. Panteleymon" Hospital in Plovdiv, and a high-tech ambulance to the special operations forces command in Plovdiv — the first of its kind in the Bulgarian army — among further medical, educational, and religious causes supported across the country.

In recognition of his contribution to Bulgarian society, Mr. Mandjoukov has also been awarded the Order of Stara Planina, the country's highest state honour.

Coverage: Kazanlak.com · Plovdiv Press · Darik News · 24 Plovdiv · Karlovo.tv · Darik News

Heritage

The family crest

The Mandjoukov family crest

The family crest carries three words — Creativitas, Dignitas, Nobilitas. They inspire our vision more than they describe it, and we try to hold them close in how the group's work is carried out.

Contact

Reach the right team

Reach out and our team will route your enquiry appropriately.

All enquiries can be sent directly to our team.

info@mandjoukov.bg +359 885 910 287