Israeli BIG plans to buy Capital Plaza

Israeli BIG plans to buy Capital Plaza

The largest shopping center in Montenegro Delta City in Podgorica has officially become BIG Fashion, part of the BIG CEE group, an Israeli company that acquired the largest shopping center in the country for 95 million euros in February this year, the shopping center City Mall in June and announced new acquisitions in several Montenegrin cities.

Mayor of Podgorica Ivan Vukovic announced that an Israeli investor will acquire several more shopping centers, including Capital Plaza in Podgorica.

Opening of BIG Fashion in Podgorica

Technically mandated Prime Minister Dritan Abazovic said at the opening of Big Fashion that this is the first major Israeli investment in Montenegro that brings change.

“Podgorica should be just the beginning. Everyone who wants an honest business is welcome here. This applies to our friends in Israel and around the world. We want to promote healthy investments, a healthy economy, so that our young people find work in Montenegro, and do everything to make Podgorica and Montenegro look more beautiful and better,” Abazovich emphasized.

He congratulated all those who, according to him, made an invaluable contribution to the rapid implementation of this investment.

Eitan Bar Zev, Chairman of BIG Shopping Centers Israel, said the company, with its subsidiary AFI, has been successfully operating in Israel and the Eastern Europe region for many years.

“We are very pleased that by entering the Montenegrin market and making the first investment of 150 million euros, we have taken a step towards expanding into the Balkan region. This is just the beginning of the news in the form of modern shopping parks, new international brands and international experience that BIG will bring to Podgorica, as well as to other cities in Montenegro such as Ulcinj, Bar, Tivat, Niksic and Kotor. We have big plans, and the most important thing for us is satisfied visitors,” he said.

The Mayor of Podgorica said that the arrival of BIG in Podgorica means new jobs and multimillion-dollar investments.

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