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Nikola Ovcharov has extensive experience in waste management and alternative fuels. Nikola worked as the Managing Director at Geocycle, where they were responsible for contracting, logistics, import/export, marketing, production, and quality control of alternative fuels and raw materials. Nikola also had a role in environmental consulting and permitting. Prior to that, they worked as the Chief Expert in the Waste Management Directorate at the Ministry of Environment and Waters.

Nikola Ovcharov completed their education history with a Master's degree in International Business from the University of National and World Economy, graduating in 2005. Prior to this, they also attended the same university from 2003 to 2011, obtaining a Master of Laws (LL.M.) degree in Law. In 2006 and 2007, they took a Marketing and Management Course at the University of National and World Economy. Furthermore, in 2009, Nikola Ovcharov participated in the Holcim Management Seminar at the University of St.Gallen. Additionally, they attended the Holcim Leadership Seminar at IMD in 2011.