ASSAREL PANAGYURISHTE HEALTH WAS AWARDED A CERTIFICATE FOR BEING A FIRST CLASS INVESTOR

ASSAREL PANAGYURISHTE HEALTH WAS AWARDED A CERTIFICATE FOR BEING A FIRST CLASS INVESTOR

Thanks to the investment in a high-tech hospital, Assarel Panagyurishte Health was awarded a certificate for being a First Class Investor

The investment in building a modern medical complex and a high-tech radiation therapy center was the reason Assarel Panagyurishte Health Ltd. received a First Class Investment certificate under the Investment Promotion Act. Thus, the State has undertaken to encourage the implementation of the project and to provide shortened terms in administrative services.

Bozhidar Lukarski, the Minister of Economy handed the certificates to the manager of the company Dr. Borislav Assev and to the Executive Director of Assarel-Medet Ltd. Eng. Delcho Nikolov on 22 December. The Panagyurishte investment was awarded by the Bulgarian Investment Agency at an official ceremony in Sofia, the capital of the country, together with four others – the construction of a high-tech IBM Bulgaria center, a project of Quintiles Medications, the world leader in clinical studies, expansion of the Melexis Bulgaria production of car chips and the establishment of a data management center for REISSWOLF Bulgaria.

„Our total investment for the upgrade of the hospital and the construction of a high-tech radiation therapy center will be over BGN 60 million and it shall provide over 500 job positions for highly qualified specialists. Thus a municipal hospital will become a modern multi-profile [general] hospital of national importance with a center for treatment of oncological diseases. This will be a jewel not only for Bulgaria but also for the Balkan Peninsula”, said Dr. Borislav Atsev on receiving the first certificate. Moreover, the Assarel Panagyurishte Health manager stressed this is the first public-private partnership of its kind and is the biggest investment in Bulgarian healthcare for the last 25 years. He added Panagyurishte would treat both patients from the country, and from abroad. With the care for the Bulgarian patients, for the first time in Bulgaria we are going to initiate the establishment of the so-called International Tumor Board – cancer patients will be able to consult here, on site in the hospital not only our leading physicians, but also top world specialists, the manager of Assarel Panagyurishte Health promised.

Eng. Delcho Nikolov, the Executive Director of Assarel-Medet JSC Mining Company in Panagyurishte, the majority capital partner of this project, also pointed out a hospital of the future was built in Panagyurishte and the state-of-the-art of the equipment has been installed. “Our company was the first Bulgarian company that received a First Class Investor certificate in 2005 because of our project of the mine renovation and upgrade, the concentrator plant and the entire production cycle. We are now proud to have the same certificate for an investment that has an exceptional social impact and is unique in its kind as a partnership between an industrial enterprise, a municipality and medical professionals”, he added.