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Italians and Russians pour millions in Hissarya

Date: 31.01.2007

"Italians and Russians businessmen ready to invest millions in constructions of hotels in the town of Hissarya", said the Mayor of the town, Valko Makaveev.

The Hissarya resort is located in the middle of Bulgaria and although its well-know reputation for a wonderful SPA resort, it is the first time that the healing power of its mineral springs arouse such a great interest in foreign investors.

"Businessmen from England, the USA and Israel also intend to invest in SPA hotels and complexes in Hissarya" adds the Mayor Makaveev further.

Five new hotels are being built at the moment and construction licences for another eight hotels have been issued.

"Hissarya Municipality is not the owner of large plots of land, that's way foreign companies buy directly from the local owners. Only in 2006, 30 ha of land were sold to foreign companies", adds Mayor Makaveev.

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