By Shereen Shabnam
In the world of business and innovation, there are leaders who manage, and there are visionaries who redefine what is possible. Milo Borissov, Bulgarian businessman, inventor, engineer, and entrepreneur, belongs firmly to the second category. From his early days in the small city of Stara Zagora to his global influence across technology, entertainment, real estate, and culture, Milo has built a legacy as multifaceted as it is inspiring.
Today, as founder of the Palms World brand and a driving force behind numerous international ventures, Milo exemplifies the modern entrepreneur who blends business acumen with cultural stewardship and a deep commitment to community.
Born in Stara Zagora, a historic city in Bulgaria’s heartland, Milo’s story begins with curiosity, discipline, and the determination that sets apart future innovators. His family later moved to Sofia, where he excelled at the Technical School in Electronics, graduating with honors and a prestigious gold badge. This early recognition of intellect and skill laid the foundation for an extraordinary career.
After completing his army service, Milo pursued computer science, graduating in 1989. For him, it was not simply an education in technology but also in vision, timing, and the courage to act on bold new ideas.
Restless with ambition, Milo launched Telematic, his first company, specializing in computer networks, software platforms, and early computer games. This pioneering move positioned him at the cutting edge of Bulgaria’s emerging technology sector.
Not content to remain a small player, he soon founded CT Gaming AD, which became one of the leading manufacturers of gaming equipment in Eastern Europe. Anticipating industry trends and combining them with engineering excellence, CT Gaming quickly expanded, opening branches in Central Europe, Mexico, and Latin America. By marrying technical innovation with bold international expansion, Milo laid the groundwork for a career that would transcend borders.
By 2015, as the global gaming world pivoted to digital, he launched CT Interactive Ltd., a platform and content provider that today serves more than 50 regulated jurisdictions worldwide. It was another masterstroke and a proof of Milo’s ability to see tomorrow’s market while others focused on yesterday’s.
“Sport and culture are not separate from business—they are the heartbeat of community. When you support them, you invest in the soul of a nation.”
Milo’s entrepreneurial spirit ultimately crystallized into Palms World, a brand that unites a holding group of international companies across sectors. More than a business, Palms World is a vision for lifestyle, entertainment, travel, and cultural enrichment.
Under this umbrella, he has invested in real estate, office buildings, hospitality, and tourism, while continuing to drive innovation in digital advertising, media, gaming, and industrial electronics. He is the majority shareholder of Telematic Interactive Bulgaria AD, listed on the Bulgarian Stock Exchange, and oversees MBS Trade AD, the exclusive supplier of Sport Screen LED displays for the Bulgarian Football League.
One of his most notable ventures is the International Leisure Project AD, an entertainment complex within the five-star Grand Hotel Millennium Sofia, featuring restaurants, a club, and a casino that bring world-class leisure to Bulgaria’s capital.
Meanwhile, through Palms Travel, Milo has built a niche in luxury tourism, providing bespoke services for celebrities and high-net-worth individuals. With an office in Dubai, this branch bridges Eastern Europe with the Middle East, perfectly reflecting his global outlook.
Palms World has also sponsored cultural showcases that connect markets and traditions. Among them, a Sofia fashion show by Lebanese designer Walid Atallah highlighted Milo’s role as a cultural diplomat who brings together communities across continents.
In recent years, Milo has expanded his influence into the Middle East further, actively promoting Bulgarian business and culture in the UAE and Saudi Arabia. As a founder of the Bulgarian Business Council at Dubai Chambers, he has built platforms for bilateral cooperation and cross-border growth.
Beyond the boardroom, Milo is a passionate advocate for sport. As co-founder of the Sport in Bulgaria Foundation, he has dedicated resources to developing professional athletics and inspiring young athletes. His sponsorship of the Bulgarian Rhythmic Gymnastics Federation supported the nation’s gold medal win at the Tokyo 2020 Olympics – a proud moment for Bulgaria and a testament to his belief in investing in excellence.
As general sponsor and supervisory board member of Levski Sofia, a football club with 111 years of history, Milo has supported its resurgence and also supported the Bulgarian Football Union’s centennial celebrations, cementing his place as a patron of national sport.
Milo’s passions also extend to culture. A pianist since childhood, he has nurtured Bulgaria’s identity through Palms Music, a label and production house. Among its notable works is the ballet The Dream of Pilate, inspired by Bulgakov’s The Master and Margarita, with music by acclaimed composer Stefan Dimitrov. These projects reflect Milo’s dual commitment: supporting Bulgarian artistry while ensuring it resonates on the world stage.
At the core of Milo’s journey lies invention as he continues to innovate at the intersection of technology and lifestyle. His dual role as businessman and inventor reflects a restless curiosity and belief in practical creativity especially in ideas that solve problems, create opportunities, and build industries.
Asked about the key to his success, Milo often highlights perseverance, vision, and adaptability. This philosophy has guided him for decades and underscores his role as a global leader who is as comfortable in boardrooms as in concert halls or football stadiums.
Milo’s story is one of relentless drive, innovation, and passion for excellence. He has consistently redefined boundaries, whether in technology, sport, culture, or international business.
In an era where many leaders specialize narrowly, Milo’s breadth of achievement makes him extraordinary. He is an engineer who builds not only systems but opportunities; a businessman who sees markets not as borders but as bridges; and a cultural patron who understands that true leadership means giving back.
His journey is not simply about personal achievement but about elevating Bulgaria’s presence on the global stage. By linking the nation’s business community with the Middle East, supporting athletes to win medals, and producing cultural works that resonate worldwide, Milo is carving a legacy far greater than business success alone.
For Global Trend Monitor readers, his journey is an inspiring reminder that the future is not only about predicting trends but about shaping them with courage, creativity, and conviction.
Milestones in Milo Borissov’s Career
- 1989 – Graduates in Computer Science, Sofia
- Early 1990s – Founds Telematic, pioneering computer networks & software platforms in Bulgaria
- Late 1990s – Launches CT Gaming AD, becoming a leader in gaming equipment in Eastern Europe
- 2015 – Establishes CT Interactive Ltd, expanding into online gaming across 50+ regulated jurisdictions
- 2020 – Sponsors Bulgaria’s Olympic rhythmic gymnastics team, winners of gold in Tokyo
- 2022–2025 – Supports Levski Sofia’s football resurgence, including UEFA Conference & Europa League appearances
- 2024 – Produces Ivan Yanakov’s Rachmaninoff Concerto No. 3 with the London Philharmonic Orchestra
- Today – Founder of Palms World, driving cross-sector innovation from Sofia to Dubai
