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Korea Bulgaria Exchange Promotion
한국 불가리아 교류 진흥

Business with Korea, Bulgaria
Cultural exchange with Korea, Bulgaria
We offer you new business chances, cultures with Korea and Bulgaria.
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HOW?
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​* Why was the association established?
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1. The first Korean businessman who has done business in Bulgaria since 1990
2. A 'half-Bulgarian' Korean businessman who visits Korea about 5 times a year and is well-versed in practical Korean information.
3. Introducing verified Korean products and technologies to Bulgaria
4. Introducing verified Bulgarian products and technologies to Korea
5. Cultural exchanges between the two countries such as K-POP etc
BOARD OF DIRECTORS

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PANAX Chairman
Ramen King in Bulgaria (KBS TV)
Bulgaria Ginseng Association Chairman
Private Ambassador of Bulgaria by SME federation Korea
LB Bulgaricum sole agent for Korea
KBEP Ltd Korea CEO

Chairman : John Park

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ABConsulting (abconsulting.bg) Chairman
TINOX (tinox.tech) Chairman
KBEP Asso. Chairman
KBEP Ltd Bulgaria CEO


V.Chairman : Ivailo Todorov

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former Minister
of Agriculture Bulgaria
LB Bulgaricum Adviser
KBEP Asso. Director
KBEP Ltd Bulgaria Director

Director : Valeri Tsvetanov
                Agriculture, Food 
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former Minister
of Economy Bulgaria
KBEP Asso. Director



Director : Ivan Pushkarov
    Economy
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former Minister
of Health Bulgaria
KBEP Asso. Director


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Director : Hristo Hinkov
                    Health, Medical
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AJAX Group Chairman
Industrial Pig Breeders Asso. Director
FRISBEE, VEDISTA Chairman
KBEP Asso. Director
 

Director : Ventseslav Slavov
                      Livestock, SmartFarm
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John Park ?
 
- PANAX Chairman ( since 1990)(current)
 
- Trade (import export, distribution) for 25 years until 2014.
   Introduced on KBS TV (Korean national TV) 
   as Bulgarian Ramen King ( 2times)
 
- V. Chairman of Bulgaria Korea Chamber of Commerce (current)
 
- V. Chairman of Bulgarian Hospital Modernization 
  (Digital Medical Cluster Bulgaria) (current)
 
- Private Ambassador of Bulgaria
  (Korea Federation of Small and Medium Business) (current)
 
- KyungHee Medical Center Korean Medicine Hospital  
  Promotion Committee Chairperson (Sapareva Banya) (current)
 
- Korea Bulgaria Ginseng Project Promotion Chairperson (current)
 
- Korea Bulgaria Livestock Smart Farm Promotion Chairperson (current)
 
- Sole agent of LB BULGARICUM, state own company for Korea (current)
 
- Bulgarian National Agricultural University (AGRAREN) Master (2022)
  Bulgarian National University (UFT). PhD candidate (current)
 
- Korea Bulgaria Exchange Promotion Association Chairman (current)
 
- Korea Bulgaria Exchange Promotion(KBEP) Ltd (Korea) CEO
​* KBEP  Ltd Bulgaria CEO: Ivailo Todorov
 
GINSENG
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GINSENG ?

The origin of Ginseng is Korea (started from 3000 years ago).
The world four largest Ginseng cultivation countries ( Korea, China, Canada, USA ) are located between latitudes 35 to 45.
Bulgaria located as same latitute with Korea and 70% is mountain area as like Korea.
Global Ginseng market is increasing 10% every year.
Europe is the biggest cunsumer of Ginseng.
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Ginseng is semi-shade plant.
Ginseng has global R&D data.
Ginseng is 'Resource'
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There are two big trends in the world.
1. Mordernization (5G, AI, Battery etc)
2. Naturalism (Health, Longivity etc)
Bulgaria is well-prepared for 'Naturalism'.
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About 50% of Canadian Ginseng farmers were cultivated Tobacco 15 years ago.
Canada changed Tobacco farms to Ginseng farms sucessfully.
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Bulgaria is one of the largest Tobacco cultivation country.
EU stopped the agicultural subsidy for Tobacco farmers in Bulgaria in 2023.
Lots of Bulgarian Tobacco farmers should change the farms to other crop.
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Bulgarian Ginseng (BULPANACHEYA) registered by IASAS in 2023.
It took 3 years.
Bulgarian Tobacco farmers can change the crop to Bulgarian Ginseng with the subsidy.
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01

PURPOSE
1.Cultivation of Premium Organic Ginseng
2.Agicultural agreement Korea , Bulgaria (G2G)

02

MARKET
Europe
03

GINSENG
Ginseng is 'Resource'
Ginseng is the representative of 'Naturalism'
Ginseng market is growing 10% annually.
04

DIRECTION
G2G - Agricultural agreement Korea, Bulgaria
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HISTORY
2015. 3 ~ 2019.10   1st Ginseng test farm in Razlog, Bulgaria, 3,000 m2
2016. 3 ~ 2021.10    2nd Ginseng test farm in Sofia, Bulgaria , 400 m2
2017. 3 ~ now           3rd Ginseng test farm in Sofia, Bulgaria . 400 m2,                * Demostration farm to Bulgarian farmers.
2017. 3 ~ 2021.10   4th Ginseng test farm in Radomir, Bulgaria, 8,000 m2

2015. 3 ~ now            Ginseng Farming Dairy with Big cultivation data. 
                                     'Bulgarian Ginseng Standard Cultivation Method' Book writing.

2019. 7                        Ginseng project presented in Ministry of Agriculture, Bulgaria(open the project officially).

2019. 7 ~ 2019.12     Ginseng project presentation to Bulgarian farmers across Bulgaria introduced by the Ministry, Bulgaria

2019.11                      Ginseng domain secured. (ginseng.bg)

2020. 1 ~ 2020.12      Ginseng School Bulgaria. 50 Bulgarian farmers studied
2021. 3 ~ 2023.12      Ginseng (BULPANACHEYA) registration in IASAS

2021. 3                         Ginseng farm land 70 hetar secured in Bansko, Bulgaria
 
2021. 3                         Ginseng seeds supplied to Bulgarian ginseng farms

2021.10 ~ now           Ginseng Probiotics deveploment

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KOREAN HOSPITAL
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01

PURPOSE
Korean Medicine Hospital in Europe (Bulgaria)
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02

MARKET
Europe         :  60 %
Middle East  : 20 %
Russia           : 10 %
Asia               :  5 %
Bulgaria        :  5 %

03

PARTNER
KyungHee Medical Center, Korea

04

KOREAN MEDICINE
- Bulgaria is well known of medical plants.
- KyunHee Medical Center(KH) has many int'l         patents for Korean Medicines.
- KH wants to produce Korean medicines and         food supplements using Bulgarian herbs in         Bulgaria
- KH will transfer some patents to Bulgaria.
- Medical agreement Korea, Bulgaria
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PROCESS
2022.12   Opened overseas expansion of Korean hospital program by KHIDI (khidi.or.kr)
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2023. 1    Approved the program the project of Bulgaria

2023.  6   1st Korean delegation(4) to Bulgaria
                  1) President of KH Institute  2) Professor of KH  3) pre.director of Korean EXIM Bank  4) Director HN Consulting
                  * KH = KyungHee university, KyungHee medical center, Korea
2023. 6   F/S (Fesibility Study) done.
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2023.10   2nd Korea delegation(3) to Bulgaria
                 1) President of KH Hospital  2) President of Intl Korean medicine education center, KH  3) Counseler of KH Hospital
                       - meeting with 1.Bulgarian medical plants foundation
                                                 2.Bulgarian Oriental doctors Association
                                                 3. Mayor of SaparevaBanya, Bulgaria
                                                 4. Five elements hotel, SaparevaBanya, Bulgaria
                                                 5. Realestate Brocker

Plan.  1. Minister of health, Bulgaria visit Korea
              - medical agreement between Korea and Bulgaria
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SMART FARM
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01

PURPOSE
Korean livestock smart farm to Europe
02

MARKET
Europe
03

SITUATION
Korea is the main supplier of sensors to Europe.
04

ROADMAP
1. Enter Bulgaria
2. Enter Europe
PROCESS
2023.  6    Meeting with LITS Korea (lits.co.kr) 
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2023.  7    2nd meeting with LITS
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2023.  8   Sole agent contract with LITS
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2023. 10  meeting with AJAX Group Bulgaria (ajaxgroup.bg) 
                     - biggest pig farm in Bulgaria
                     - 13,000 mother pigs
 
2023. 11  meeting with IONTEC Korea (iontec.kr), LITS
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2024.  1   meeting with partner ABConsulting Bulgaria (abconsulting.bg) for visit to Korea.
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2024.  2   2nd meeting with ABConsulting for visit to Korea
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2024.  4  Bulgarian delegation(6) to Korea
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BULGARIAN DAIRY FACTORY in KOREA
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01

PURPOSE
Bulgarian original dairy culture to Korea
02

MARKET
1. Korea
2. China
3. Japan

03

SITUATION
1. Korea has dessert-style yogurt culture                 similar to USA in 15 years ago.
2. Korea needs to change healthier culture
3. USA had dessert-style yogurt culture like             Korea 15 years ago.
4.Geek yogurt 'CHOBANI' changed USA yogurt      culture 15 years ago.
5.Japan :  MEIJI Dairy importing Bulgarian               yogurt strains for passed 50 years.
6.China : Demands for original yogurt are              increasing rapidly.
04

LB BULGARICUM
1. Bulgaria state-owned dairy company
2. We are sole agent of LB Bulgaricum for Korea
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PROCESS
2018. 12 ~ now   Sole agent of LB Bulgaricum for Korea

2018. 12 ~ now  LB Lact probiotics import to Korea

2024.  4                Bulgarian delegation (3) to Korea for 'Bulgarian Dairy Factory in Korea' project.
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Korean Secret

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​Korea Bulgaria Exchange Promotion
           Korea :    701, 19 Sewoonro Seochogu Seoul Korea 
                                T: (0)10 9946 0850
          Bulgaria :     17 Hristo Botev Blvd. fl.7 1606 Sofia Bulgaria 
                                T: (0)88 751 2413,  (0)88 880 8406 
          email  :        protbg@daum.net




If you have any idea or proposal, please contact us.
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