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2/6/07

The Sofia Echo: Bulgaria's largest investor and real estate company from the US - Magdalena Rahn

For the complete report in the Sofia Echo click on this link

Bulgaria's largest investor and real estate company from the US - Magdalena Rahn

Both the largest real estate company and the largest investor in Bulgaria are American. Such was one of the points that Borislav Boyanov, president of the American Chamber of Commerce (AmCham) in Bulgaria, emphasised at the organisation’s general assembly.

James Rigassio, commercial councillor to the US embassy, explained in his keynote speech that the spirit of AmCham is to always be moving forward, to see and achieve more. “Now Bulgaria is in the European Union, and many of your plans have been realised, and you’ve provided a tremendous service to your members,” he said, noting that more European Union presence in Bulgaria can coincide with increased US representation.

Assuring American participation in the Bulgarian economy can and is occurring in a number of ways, Rigassio said. An ambassadorial road show is planned for early May 2007, in which large American urban areas (the California Bay Area; Denver, Colorado; New York; Boston) will be visited and Bulgarian partnerships will be initiated; 2006 saw AmCham help American companies in the areas of security and defence find Bulgarian partners for the joint training facilities in Bulgaria; there will be a defence-sector trade show in Bucharest in which AmCham Bulgaria will have representation.

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