Fil Filipov is the president of Terex Lifting, which is part of the Terex Corporation with a capital of $ 1 billion. He was born in Strelcha. In the 1960s, at the age of 17, fleeing Bulgaria, going through a refugee camp in Greece, and then emigrating to the United States.

In 1966 Filipov began work as a sweeper in the International Harvestar Lifting Company. Gradually he rose and in 1979 was sent to the company's office in Paris. 10 years later he leaves and starts his own business - he buys companies in a bad state and heals them with brutal discipline. His specialty is the revival of losing enterprises. He has worked successfully in France, the UK, Germany, Italy and the United States, using untraditional and original approaches. He has recovered over 30 enterprises and the latter is Atlas in Germany, which later became the owner of the Tatra Motor Company (Czech Republic).