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Isreaeli companies invested 1 billion euro in Bulgaria for 2 years

Submitted on Wednesday, 11 March 2009No Comment

The global financial crisis will not stop in any way the investment programs of Israeli companies in Bulgaria.

Those were the words of the ambassador of Israel in Bulgaria Noah Gal Gendler at a press conference in Dobrich, cited by the Bulgarian national radio.

The ambassador pointed out that on March 19th, an Israeli company will open the biggest mall in Bulgaria in Plovidv.

This is an example, he said, that large companies won’t stop their investment activity, despite a slight slowing down of this process.

Noah Gal Gendler said that Israel is among the biggest investors in Bulgaria. According to him, just for the last two years, Isreali companies invested over a billion euro in the country.