Liliya Georgieva-Stolyarchuk is responsible for the financial control of the Euro Alliance Group, part of which are Euro Alliance Engineering, EA Tunnels, EA Construction, EA Geotechnics, Isolations B. She joined the Group in 2018 and has 15 years of experience in the financial sector. Liliya graduated in Accounting and Finances from Cook’s Institute of Electronic Engineering and has a Bachelor’s degree in Business Administration from New Bulgarian University.
The purpose of financial control in a company
is to prevent wrong decision making. In order to have efficiency in all
processes, we must be sure that the right decisions are made at the right
moment. This is only possible if we know the entire process from beginning to
end. The responsibility is great because we are implementing infrastructural
projects, such as the construction of the metro in Sofia, and it is important
for the whole process to be controlled at each stage and by everyone involved
in the project.
In my work, it is important to have the
assistance of all of my colleagues. Control is difficult if people don’t work
as a team and don’t trust each other. I work with numbers, but I have to rely
on the people who have processed the primary data. I believe that good attitude
towards colleagues leads to good results and makes the work of everyone easier.
The biggest challenge for me is to change
the perception about the need for control. For me, control does not mean
looking for mistakes in reports, but is the definite prerequisite for achieving
It is good to make investments when,
of course, we have a good business plan and a good risk assessment. Numbers
show possible solutions, but not all of them. Sometimes, we must be a little
more courageous and invest in new technologies.
My experience in the financial sector has taught me
that one plus one is not always two. Especially if there is no proper and
timely planning. I always look for balance, not only in numbers but also in my
relations with people. Finance is the foundation of everything, and the correct
calculation is important to everyone. It has taught me that there are many possibilities
for achieving a goal.
The entrepreneur in me woke up in my
childhood. My parents had a private business and I am grateful to them because
they taught me to try new things and to not give up.
My “green” idea that is deeply rooted in me:
“A good life though he may have led, a man shall die and another shall be born”
says Khan Omurtag’s inscription on the Tarnovo column. My idea to create a bio-urn
for ashes, which is planted with a tree seed inside, is not only a new approach
but it also affects the green ecosystem. We often hear that the air in big
cities is heavily polluted, about landslides caused by cut down forests.
According to statistics, about 100,000 people leave this world for one year in
Bulgaria. If only 20% of them chose a bio-urn, 20,000 trees would have been
planted. When we make our last decision, let’s think about the generations
after us. With the care for the planted tree, we will also keep our love to our
The patent is my personal reward for trying to
turn a good idea into a real product. It took me two years to create the bio-urn,
which disintegrates after planting. I did a lot of tests and experiments until
I achieved the successful result. It is made with a 3D printer, but the process
does not end there. There is also manual work in order to make it unique. In a
beautiful way the end gives rise to a new life.
- The growth of this small business happens
with a lot of work, stubbornness and
personal resources. The funding of a startup in Bulgaria is difficult. What is
more, this product cannot be advertised like any other, because it concerns something
that is more like a taboo. I rely on spreading the news through the social
I believe that the best is yet to come. For
Euro Alliance the year promises to be a strong one, the launch of large
infrastructural projects of national importance is expected. On a personal
level, I expect development. And as for my small business – more and more
people realize that the bio-urns of Molian bring life after the inevitable end.
I’m offering an innovation for the
Bulgarian market and I’m waiting for the moment when the market will be ready
- Euro Alliance has specialized in tunnel construction. The
company has a branch in Serbia and representative offices in Germany, Spain and
Finland, where it implements significant infrastructural projects.
- Molian EOOD is a starup, which has started its activity after a patent was registered.