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Co-Founder
Kiril Domuschiev co-founded the global investment conglomerate Advance Properties alongside his brother Georgi. Founded in 2003, Advance Properties has interests in pharmaceutics, maritime transport, port operations, shipping, and real estate. Advance Properties is also the sole owner of BMF Port Burgas EAD – which includes ports of strategic importance for Bulgaria and one of the largest ports in the Black Sea region.
Kiril is the President of Huvepharma, Advance Properties’ largest asset and the world’s sixth-largest livestock health company. Established in 1999, Huvepharma is a global pharmaceutical company focused on developing, manufacturing, and marketing human and veterinary products. The company includes production sites worldwide, including facilities in the United States, Latin America, and Western Europe.
In addition to being Chairman of the Supervisory Board of Biovet and the Supervisory Board of Navigation Maritime Bulgare, Kiril is also Chairman of the Board of the Confederation of Employers and Industrialists in Bulgaria (CEIBG) – the largest nationally represented employers’ organization in Bulgaria. Members unanimously re-elected Kiril in March 2017 for a second consecutive term.
In 2022, Kiril joined the Clinton Global Initiative Advisory Board, which led him, and his brother to create Domuschiev Impact, the new philanthropic arm of Advance Properties. The initiative is dedicated to renewable efforts on a global scale, solving food security challenges, and committed to working towards a sustainable and healthy future for all.
Humanity’s challenges are more urgent than ever. We must meet them with bold, collective solutions. Domuschiev Impact believes business, philanthropy, governments and communities, working together, can achieve great leaps forward.
We are inspired to work together to bring great ideas to life. Join us.
Domuschiev Impact invests in science, innovation, and people – and brings partners across sectors to realize a more sustainable world.
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