In 1979 the then Communist government of Bulgaria renamed the town previously known as Novi Krichim to "Stamboliyski", in honour of Aleksandar Stamboliyski.
Gavrail Panchev (born 15 October 1954 in Stamboliyski) is a Bulgarian author, researcher and publicist.
The first settlers came from Brestovitsa and Perushtitsa, which together with railway workers from Peshtera established a village north of the railway line, which in 1926 had 224 residents.