is a property development company with Danish ownership and management. BMD has offices in Varna and Copenhagen. The company has together with FEKTA developed the beautiful SUN Village Resort in the town of Biala. SUN Village is built by the Danish–Bulgarian company Skandinav Construction OOD, certified under ISO 9001:2000. BMD and its close strategic business partner the architectural and quality assurance company firm FEKTA abide by the Principe of quality. For us quality means that the properties from BMD and FEKTA continuously will be attractive for buyers years and years to come even when the market in Bulgaria the next 10-12 years goes through a transformation from low- end to high-end market as we believe it will happen. BMD co-operate with well established property companies, real estate brokers and banks in Scandinavia and Bulgaria.
Henrik B. Madsen and René Rasmussen are the CEO’s responsible for the company group. They both have a long-standing managerial experience from Denmark and Bulgaria. The company group has been involved in the real estate business of Bulgaria since 1993. The company has a team of experienced construction specialists, construction controllers, engineers and architects. Since June 2006 the company has employed 100 people in Denmark and Bulgaria.
The activities of BM Development OOD, the construction company Skandinav Construction OOD, the property administration company Property Nanny OOD, the rental agency BulgarienMadsen, as well as eight investment companies, are all run by Skandinav Invest OOD. The successful businessman Bent Balsby, a construction engineer, who has spent 15 years as CEO of NetDesign A/S, is co-owner and partner in Skandinav Invest OOD, alongside with René Rasmussen and Henrik B. Madsen.
In 2006 the abovementioned company managed investments and developments amounting to over 13,000,000 EUR. BM Development OOD receives legal advice from Milena Yordanova, Attorney-at-Law with Elvang & Partnere in Copenhagen and from KPMG legal & tax advisors in Sofia and Varna.
