He graduated in St. Petersburg as a doctor of technical sciences and is an owner of a number of companies, as he has business interests in the field of energy as well.

He was admitted to study higher education at ITMO University (former LIFMO – Leningrad Institute of Fine Mechanics and Optics) in the city of St. Petersburg, Russia.

Interested in science, in 1991 he successfully completed a PhD study by defending dissertation thesis Use of lasers in microelectronics.

Hristo Kovachki is the author of a number of inventions, which are applied in laser technology, electronics and the energy sector.

It is believed that he is associated with a number of district heating companies in the country, both gas- and coal-based, in the towns of Burgas, Sliven, Pernik, Gabrovo, Vratsa, Pleven, Ruse, Veliko Tarnovo.