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Economy

Israeli Investors Show Interest in Investing in Greece

December 1, 2020

ATHENS — The interest shown by Israeli investors in making investments in a wide range of developing sectors of the Greek economy was recorded during an online investment seminar held with the participation of many companies.

The event was organised by Enterprise Greece, the Israel-Greece Chamber of Commerce & Industry and the Economic and Commercial Affairs Office of the Greek Embassy in Tel Aviv. The event was attended by representatives, mainly of Israeli and Greek companies, at a high level, and from different sectors of economic activity.

According to a statement: "The event took place at a time of increased investment activity by Israeli companies in the Greek market, such as Brown Hotels, which implements an investment plan for the development of 11 hotel units in Athens and Thessaloniki, the hotel group Fattal Group, which is currently reconstructing two hotels in Athens, the Zoia Fund real estate group, which is also preparing two hotels in the capital, Ficus Investments and Selina. Also due to be concluded in 2021 is the acquisition of the Hellenic Arms Industry (ELVO) by the consortium of Israeli companies Naska Industries – SK Group Ltd and Plasan Sasa Ltd, which prevailed in the recent tender, submitting a plan for new investments of 100 million euros."

 

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