The Developer

Golf Club Ibar is a company founded by the Dolna banya Municipality and Lazarov & Nedev for the purpose of designing and constructing a private “members only” Golf & Spa recreation complex on an 18-hole Championship Nicklaus Design Golf Course with villas and apartment houses. The shareholders in Lazarov & Nedev are Mr. Ilia Lazarov and Mr. Kiril Nedev. Mr. Lazarov used to be Head of Office of H.E. Mr. Petar Stoyanov, President of the Republic of Bulgaria (1997 – 2001) . Mr. Nedev has been involved in the private sector as a Director of a multinational company since 1991.

The goal of the project is to establish Golf Club Ibar as premium golf, ski and spa destination by making use of the natural resources and environment with its proximity to the premier Bulgarian ski resort Borovetz, and the abundance of hot mineral water springs.