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About us

About impact

The impact company offers partnership, confidentiality and relationships of integrity. We aspire to facilitate business development and are thoroughly devoted to fulfilling your requirements.

For over 27 years now, through the course of operation of the Impact company, we have been gaining extensive theoretical and practical experience in the field.

 We are certified to perform valuations of real estate properties (apartments, offices, garages, warehouses, retail properties, industrial properties), enterprises (valuation of shares in a company), receivables, machinery, equipment and facilities, and agricultural lands.


impact Valuers Ltd. (former YAVLENA IMPACT Ltd.) has been functioning since 1992. The first significant order of the company was in 1998 with the conclusion of an agreement for the first Bulgarian privatization intermediary, which won a national tender held by the Ministry of Economy and realized 100% of the 35 pools offered by companies from all over the country.

Currently, the company has framework contracts with every bank in the country. The team of IMPACT VALUERS LTD performs valuations for over 300 Bulgarian companies and institutions. Oftentimes the company partners in valuations for some of the biggest international audit and consulting companies.

The well-developed network of offices of IMPACT VALUERS LTD ensures a national coverage of highly qualified valuers. Our experts’ thorough knowledge and awareness of the local and regional market provides security to the corporate clients of the company. At present, IMPACT VALUERS LTD creates a network of 37 offices around the country.

Our team

Our team has extensive theoretical and practical experience gained through the many years of professional practice – over 27 years.

Our team includes highly qualified experts: economists, financial specialists, certified professional accountants, engineers, who have specialized in various Bulgarian and foreign Institutions, and Universities.

All valuers of IMPACT VALUERS Ltd   are certified by The Chamber of Independent Valuers in Bulgaria (CIVB) and some of them has in addition REV and/or RICS valuer Certificates.

The Company is certified by The Chamber of Independent Valuers in Bulgaria to value businesses, real estate, machines, facilities, and equipment. We are also amongst the founders of the Chamber of the Professional Valuers in Bulgaria.

Leading team

Sergey Mashiah

managing partner
t: +35929262121

Manyu Moravenov

t: +35929262121
Our experts network