Ivaylo Penchev
| Ivaylo Penchev | |
|---|---|
| Born |
Ivaylo Penkov Penchev 10 March 1970 Veliko Tarnovo, Bulgaria |
| Nationality | Bulgarian |
| Alma mater | |
| Occupation | |
| Years active | 1992–present |
Ivaylo Penchev is the co- founder and CEO of Walltopia, the largest climbing wall manufacturer in the world. He, along with Metin Musov, founded the company in 1996 in Sofia, Bulgaria. Walltopia has been the leading climbing wall manufacturer since 2009 and is currently operating in over 50 countries worldwide.
Penchev was born in Veliko Tarnovo on March 10, 1970 to Penko Penchev (born 1946) and Radka Pencheva. Growing up he became interested in physics and enrolled in Sofia University, studying theoretical physics. However, he dropped out in 1994 as he got involved in trade and, ultimately, the development of Walltopia.
Penchev is the founder of other companies, such as HRT climbing holds, which is the largest producer of polyester resin climbing holds.
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