Yachting Art Magazine

Boating and Yachting - A 30th member joins the European Boating Industry (EBI)

The announcement has just been made, on the sidelines of Boot Düsseldorf 2025 - The Bulgarian Boating Industry Association (BABI) has been accepted as a 30ᵉ member of the European Boating Industry (EBI) at the 2025 General Assembly at Boot Düsseldorf. Represented by its president Kaloyan Radulov, CEO of Elica Yard, the association includes key players in the Bulgarian boating industry such as LZ Yachting 1991, Crooze Yachts Bulgaria, Dream Sea Yachting and Elica Yard. This initiative marks a major step towards positioning Bulgaria on the world yachting stage.

Boating and Yachting - A 30th member joins the European Boating Industry (EBI)

The creation of the association is a natural response to recent efforts by local companies to develop luxury yacht brands. It brings together manufacturers, brokers, charter companies and equipment importers, with the aim of promoting Bulgarian yachting and attracting investment. According to Mr Radulov, BABI's ambition is to make Bulgaria a European centre for high-quality yacht building, while strengthening the national and regional economy of the Balkans.

To achieve its goals, the association focuses on developing a strong supply chain, working with local authorities and contractors to boost the competitiveness of Bulgarian yachts. BABI also encourages yachting as a leisure activity, in order to develop the domestic market.

Mr Radulov points out that Bulgaria has the talent and ingenuity to leave a lasting mark on the sector. Elica Yard, for example, recently launched Omaya Yachts, a brand of luxury motor catamarans, illustrating the country's commitment to producing boats of excellence.

Dimitar Panayotov of LZ Yachting 1991 sees this association as both a responsibility and an opportunity to strengthen sustainable yachting. Gabriela D. Petrova of Crooze Yachts emphasises the importance of partnerships in fostering sustainable growth, while Ivelina Topalova of Dream Sea Yachting aims to make Bulgaria a recognised leader in shipbuilding through innovation and international collaboration.

With a shared vision, BABI aspires to transform Bulgaria into a key player in the global yachting industry, while leaving a lasting legacy for future generations.

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