April 11th
1962
Texim is created in Bulgaria
1965
The first contracts with The Coca Cola Company are signed with Texim. This is the first time that a Western company enters in the entire Soviet bloc. Production sites are set up in Bulgaria by Texim.
1969
Texim is at its height, employing over 45'000 people with national and international businesses in banking and finance (Marine Merchant Bank and Litex Bank), trade, retail (Moda and Lux), logistics and cargo (SOMAT, Bulet, Sea Ports etc.), agriculture, construction, pharmaceuticals, healthcare, light and heavy industry (Coca Cola, shipbuilding etc.), tourism, and shipping (Bulgarian Merchant Fleet — the fastest growing shipping fleet in the world).
The conglomerate reaches profits of over USD 100 million between 1961–1969 (more than USD 686 million in 2018 terms), and total generated added value for Bulgaria of USD 206.8 million in 1969 (more than USD 1.4 billion in 2018 terms).
1969 - 1971
The Council of Ministers decides the break-up of the economic conglomerate Texim, due to pressure from the Soviet Union. The leadership is accused of being responsible for more than twenty-eight offenses. In particular, the leadership of Texim is accused of having created a capitalist conglomerate. After being acquitted by the Sofia City Court the defendants remain in prison, and the presiding judge Ilia Baichev is fired. This is a precedent in the history of the Bulgarian judicial system.
July 20th
1972
The Supreme Court overrules the entire acquittal of the Sofia City Court, and sentences the leadership of Texim, first and foremost Georgi Naydenov to 12 years in prison for using capitalist methods to run an enterprise. The conviction of the leadership of Texim is a political decision based out of Moscow, which fears the implications of such a large and successful economic entity based on capitalistic principles within a communist country, particularly at the end of the 1960s, with events such as the Prague Spring of 1968.
1985
Ionko Naydenov is born. He is currently executive director and a significant shareholder in Texim Holding.
1988
Georgi Naydenov II is born. He is currently executive director and a significant shareholder in Texim Holding.
1992
Georgi Naydenov incorporates Texim Bank. On the same day, Todor Zhivkov, the former communist leader, is read his sentence in court for his crimes as dictator of Bulgaria.
1994
Dr. Slava Naydenov-Dobrovits is born. She is currently a significant shareholder in Texim Holding, together with her siblings.
October 3rd
1998
Georgi Naydenov dies at the age of 71 in Sofia, Bulgaria.
2012
Texim Holding is created by the Naydenov Family as a successor to the name Texim, in order to consolidate the family’s assets in Bulgaria.
2013
Texim Bank is listed on the Bulgarian Stock Exchange.
2017
The Naydenov family sells its shares in Texim Bank on the Bulgarian Stock Exchange.
2025
Texim Holding owns a portfolio of investments in real estate, tourism and renewable energy in Bulgaria. The family decides to begin a new chapter for the company, by further investing in strategic long-term stakes in Bulgarian, as well as international companies in the future.
What we do
We, the Naydenov family, are long-term investors committed to building on our history and values, so that our children and future generations may continue the company into its fourth and fifth generations.
What we do
We, the Naydenov family, are long-term investors committed to building on our history and values, so that our children and future generations may continue the company into its fourth and fifth generations.