Bulgarian American Business Center

Board of directors

Asparuh Draganov Karastoyanov

Personal Information

Born: September 9,1951 in Sofia, Bulgaria
Married, with two sons
Address: 1616 Sofia, Boyana, 12 Belovodsky Pat Street
Tel: (359-2) 9590 186 (home); 952 6267 (office); (359 888) 55 30 20 (mobile)
Fax: (359-2) 9590 184, 952 3310
E-Mail: asparouh@einet.bg

Education and qualifications

  • 1998 Certified Management Consultant
    Institute of Management Consultancy, London
  • 1994 Certified Broker in Futures & Options Trading,
    Chicago Mercantile Exchange
  • 1993 Certified Broker in Futures & Options Trading,
    Chicago Mercantile Exchange
  • 1991–92 Financial Controlling Program, Festo Academy
  • 1982–85 Moscow Academy for Foreign Trade
    Master degree in economics – graduated Foreign Trade Economist
  • 1970-75 Naval Academy, Varna; graduated Engineer - Navigator
  • 1966-70 Technical College, Sofia

Professional experience

  • 2004 - Chairman, Bulgarian-American Trade and Economic Council
  • 2001 - Chairman, American Construction Products JSC
    present Exclusive distributor for the markets of Bulgaria and Southeastern Europe of American companies offering innovative building products and technologies – decorative concrete, Inculating Concrete Forming System, etc.
  • 1999 - President, Rossin Art, Inc.
    present with offices in Washington, DC and Sofia, Bulgaria – creation of, and trade with pieces of art.
  • 1998 - President, Aspolly Carrass International, Inc.
    present based in Virginia, USA
    representative and liaison office of Bulgaria-registered Aspolly Carrass International – Agency for Business and Consulting Activities Ltd. - promotion of US-Bulgarian business contacts and cooperation
  • 1996 - Manager, Eurotrade Ltd.
    present Bulgarian-Greek company based in Thessaloniki, Greece
  • 1994 – Owner and CEO, Aspolly Carrass International - Agency present for Business and Consulting Activities Ltd.
    Independent private consulting company rendering services on mediation, foreign representation, trade, financial controlling, construction
  • 1994 - Chairman, American Capital Services Corporation
    present An American consulting company based in Chicago, Illinois engaged in financial consulting, investment attraction, stock trading, broker education and training
  • 1990 - General Manager, Festo Machinex
    1994 An Austrian-German company, producer of industrial automation tools, software, hardware.
  • 1989 - General Manager, Hemus Engineering PLC
  • 1990 State-owned foreign trade company specializing in financial and investment activities in the cultural field
  • 1987 - Foreign Trade Counsellor to the Deputy Prime Minister of the 1988
    Republic of Bulgaria, Council of Ministers
  • 1985 - Foreign Trade Economist, Bulgarian Ministry of Foreign 1987 Trade
    Supervisor of UNIDO project in Benguela, Angola
  • 1975 - Mate and Captain on various cargo ships of Bulgaria
  • 1975 - Mate and Captain on various cargo ships of Bulgaria


Fluency in English and Russian

Social engagements and activities

  1. Chairman of the Bulgarian-Korean Committee for Economic Cooperation
  2. Member of the American Chamber of Commerce
  3. Member of Rotary Club-Sofia-Vitosha- District 2240
  4. Executive Secretary of the Association of Space Explorers, 1988-1989
  5. One of the founders and shareholder at the Bulgarian Stock Exchange
  6. One of the founders and shareholder at the Sofia Commodity Exchange
  7. Sponsor and organizer of various events of Bulgarian arts a abroad
  8. Author and publisher of books and manuals of finance

Has published over 20 articles on economic problems in specialized newspapers and magazines


  • International Award “Best Commercial Name”
    Madrid, Spain, November 1993
  • Best New Trader
    Chicago Mercantile Exchange/DePaul University, 1993
  • Bulgarian Olympic Committee Jubilee Medal for special merits to the Olympic movement in Bulgaria, 2001
  • Military medals, Order for Bravery in Peaceful Times