Ivaylo Penchev

Founder at HRT, Composite-X, Auxionize, Quantacea, Safety Engineering, Walltopia

Areas of expertise


Biographical Statement

Ivaylo Penchev is a serial entrepreneur. He has founded and is actively involved in a number of companies - Walltopia, Auxionize, Adventure Facility Concept and Management, Extrapack, HRT, CompositeX, Quantacea, Civilia Properties. The best-known among them is Walltopia – the world number one manufacturer of artificial climbing walls and an example of a Bulgarian company that sets the standards for an entire industry. The company was founded in 1998 and to date has successfully built projects in 50 countries on 6 continents.

The corporate culture Ivaylo stands for is very entrepreneurial, striving at developing his management team of decision makers to have high level of responsibility and proactiveness. Ivaylo studied Physics at the Sofia University "Kliment Ohridski". He speaks Russian and English.