During the visit, Mr. Vasilev met with IFP’s executive management team and toured the company’s state-of-the-art production facilities in Zouk Mosbeh, and in Hosrayel. The visit provided an opportunity for both parties to discuss potential opportunities for collaboration and to explore ways to enhance trade relations the group and the Bulgarian market.
Mr. Vasilev discussed the benefits of investing in Bulgaria as well as some chances for Lebanese and Bulgarian businesses to collaborate in INDEVCO’s area of interest.
Mr. Elias El-Chemali, INDEVCO Flexible Packaging Vice President, has stressed the importance of expanding to new markets, such as Bulgaria, as part of the company’s growth strategy. He noted that Bulgaria is an attractive market for the division, with a growing economy and a strategic location that makes it an ideal gateway to other European markets. He highlighted the importance of building strong relationships with local partners and customers to gain a foothold in the market and establish a strong presence.
Overall, the visit by Mr. Vasilev was a productive one, providing an opportunity for INDEVCO to showcase its capabilities and explore potential opportunities for collaboration with Bulgaria. As the company continues to expand its global footprint, partnerships like these will be crucial to its success in new markets.
In the Photos:
Elias El-Chemali: Vice President, INDEVCO Flexible Packaging
Imad Njeim: Manufacturing Director, MED, INDEVCO Flexible Packaging
Elie Karam: General Manager, Interstate Inks
Nayef Ghaith: General Manager, Masterpak