For three decades the director of “Mlin 97” AD and the creator of the concept of a modern company in the baking industry of the country and its first private owner was Sally Shishmanov. He became director of the enterprise in 1981 and occupied the position of Director of SDT branch “Bread Industry”, city of Razgrad. He is the man who managed the company during its years of transformation in the free market. Under the succession scheme, in 1995 municipal company “Mlin Razgrad” was transformed to “Mlin Razgrad” EOOD and Shishmanov was temporarily appointed as its Manager for a period of 3 months. The scope of activity of the company is the production of bread, bakery, pastry and confectionery, soft drinks and trading with them. He was appointed General Manager of ET “Mlin Razgrad” with a management contract by the mayor of Razgrad, as the capital of the company is owned by Razgrad Municipality.
In 1997 mass privatization was allowed and Sally Shishmanov led the company through all stages, starting with the creation of investment company “Mlin-97” AD (joint-stock company) with founders the managers and workers in the enterprise. In 1998 “Mlin Razgrad” EOOD (single-member limited liability company) was transformed into “Mlin Razgrad” OOD (limited liability company) and in the same year the legal form was changed to “Mlin Razgrad” AD (joint-stock comoany). In 2000 the second phase of privatization was completed and investment company “Mlin-97” AD fully acquired the municipal enterprise “Mlin Razgrad” AD and the company continued its activities as “Mlin-97” AD - a joint stock company with 100% private capital.
The Company was managed by a 3-member Board of Directors and was represented by the Executive Director and Member of the Board - Sally Shishmanov until 01.11.2005.
Sally Shishmanov was Chairman of the Board of Directors until 05.04.2013, when his earthly path ended.
Sally Shishmanov is an Honorary citizen of the city of Razgrad.