We are Integral
Our seasoned senior team brings 100+ years of investment experience accumulated at blue-chip institutions and has executed more than €3 billion worth of transactions in the region
Team
Stefan T
Stefan Tzvetkov
Founding Partner
Prior to founding Integral, Stefan was with Mid Europa Partners (London), Rhône Capital (New York and London), and JPMorgan Chase (New York).
Stefan holds an MBA from INSEAD, was a visiting graduate school student at the Wharton School, University of Pennsylvania, and holds a BA with honors from the College of Wooster.
Barna Papay
Barna Papay
Partner
Prior to Integral, Barna was a partner at Oriens Investments (Budapest).  Previously he worked at Mid Europa Partners (London, Budapest).
Barna holds an MBA from the London Business School and an MA from the Corvinus University of Budapest.  Barna is a Chartered Financial Analyst.
MHinic
Marko Hinic
Partner
Prior to Integral, Marko was founding managing partner of Alba Partners, corporate finance advisory firm based in Belgrade with activities across South-Eastern Europe.
Marko holds an MBA from INSEAD, and MA and BA in both Mathematics and Economics from Boston University.
Evtim
Evtim Chesnovski
Partner
Prior to Integral, Evtim was with Mid Europa Partners (Budapest), and BNP Paribas (London).
Evtim holds an MSc and BA from Corvinus University and was a visiting student at the Marshall School of Business, University of Southern California.
Zbigniew
Zbigniew Rekusz
Senior Adviser
Prior to Integral, Zbigniew was a senior partner at Mid Europa Partners (Warsaw); and prior to that he was with Baring Communications Equity.
Zbigniew holds an MSc and BA from Corvinus University.
William Morrrow
William Morrow
Senior Adviser
Prior to Integral, William was COO at Mid Europa Partners (London); and prior to that he was with the EBRD and Bank of America.
William holds an MBA from the Wharton School, University of Pennsylvania, and a BA from Bucknell University.
Adam Sz
Adam Szalai
Director
Prior to Integral, Adam was a senior associate at HSBC in investment banking (London) and an assistant director at Deloitte (London).
Adam holds a BA from Budapest Business School and a BA from Avans University of Applied Sciences.
Petar Lipovyanov
Petar Lipovyanov
Investment Executive
Prior to Integral, Petar worked in investment banking at Morgan Stanley and HSBC in London, Hong Kong and Milan.
Petar holds MSc Finance and BBA International Economics and Management from Bocconi University, Milan, Italy.
Radu Constantin
Radu Constantin
Investment Executive
Prior to Integral, Radu was a senior associate at Deloitte, Financial Advisory (Bucharest) and Ascentor Business Advisors, a boutique consulting company (Bucharest).
Radu holds an MSc from the University of Southern Denmark and a BA from the Bucharest University of Economic Studies.
Ivan A
Ivan Abadjiev
Investment Executive
Prior to Integral, Ivan worked in London as an analyst at hedge fund Hudson Bay Capital, a strategy and M&A manager at Ascential Plc, and a strategy consultant at PwC Strategy&.
Ivan is a Chartered Financial Analyst, holds an MSc from Imperial College London, and a BSc from Queen Mary University of London.
Miroslav S
Miroslav Stranovsky
Investment Executive
Prior to Integral, Miroslav worked as an investment manager for a Prague based PE family office BHM Group.
Miroslav holds a BA in Finance from Masaryk University and an MA in Applied Economics from the CERGE-EI institute of Charles University.
KA
Kinga Andrics 
Investment Analyst
Prior to Integral, Kinga was an intern in management consulting at IFUA Horvath & Partners, in corporate and investment banking at Citi and at Morgan Stanley in Hungary.
Kinga holds an MSc Finance from Corvinus University of Budapest and a CEMS Master’s in International Management from Rotterdam School of Management, Erasmus University.
UrosJ
Uros Jevremovic 
Investment Analyst
Prior to Integral, Uros had experience in hedge funds, National Bank of Serbia, Unicredit, and Deutsche Bank.
Uros holds BSc in International Economics and Finance, with a major in Finance, from Bocconi University, Milan, Italy.
MateL
Mate Lorincz
Investment Analyst
Prior to Integral, Mate worked as a strategy analyst at OTP Bank (Budapest) and as an M&A intern at Falkenburg Corporate Finance (Budapest).
Mate holds an MSc in Finance from Católica Lisbon, an MSc in Management from ESCP, and a BA from Corvinus University.
madalina-t
Madalina Trandafir
Investment Analyst
Prior to Integral, Madalina was an associate in Financial Advisory at Deloitte and previously interned at Citi Commercial Bank in Bucharest.
Madalina holds a BSc in International Business Administration from Rotterdam School of Management, Erasmus University.
Veselina Atanasova
Veselina Atanasova
Head of Operations
Prior to Integral, Veselina was a finance director with Morgan Stanley (Budapest) and Expense Team Lead for IBM Global Financing (Budapest).
Veselina holds a MSc and BA from Corvinus University of Budapest and CIMA Advanced Diploma in Management Accounting.
Vena
Vena Nedeljkovic
Finance Manager
Prior to Integral, Vena was a vice president at Apex Group – Fund Services and a budget and investment analyst at the European Central Bank.
Vena holds a MSc from the University of Amsterdam and a BA from the American University in Bulgaria.
gerdagati
Gerda Gati
 Investor Relations and ESG Manager
Prior to Integral, Gerda was Investor Relations Manager at Magyar Telekom (Budapest) and M&A expert at MOL Group (Budapest).
Gerda holds a MSc and BA in Corporate Finance from Corvinus University of Budapest and MSc in Business Administration from the Passau University (Germany)
TD
Tijana Dindic
Office Manager
Prior to Integral, Tijana was an office manager with Alba Partners and in education sector (Belgrade).
Tijana holds MA from Belgrade University.