During the years of transition to a free market economy in Bulgaria, Ivo Prokopiev has been involved in a number of key reforms and projects in both the public and private sectors.

Ivo Prokopiev is also chairman of the board of directors of Economedia publishing House, the second largest in the country and a leader in the premium press segment.

[6] In 2020, Prokopiev was ruled innocent by the Bulgarian court for the privatisation of the energetics firm EVN, after he was accused of inflicting damages to the state budget based on a statement he made in an interview.

"[8] Prokopiev has often raised concerns that the Bulgarian Prosecution has become an instrument of corrupt individuals to "shut the mouthes of independent media in Bulgaria."

Prior to the EVN trial, the director of Reporters Without Borders Christophe Deloire stated he is "concerned about the legal proceedings in a court case against Bulgarian publisher Ivo Prokopiev, owner of the most significant sources of independent and high quality journalism in Bulgaria.