Kosovo: ECIKS, KTA promote the privatisation of ski resort

Vienna, 7 November 2007 – In an event organized by the Economic Initiative for Kosova (ECIKS), representing the Investment Promotion Agency of Kosovo (IPAK) in German-speaking region, representatives of ECIKS and Kosovo Trust Agency (KTA) have promoted the privatisation of the Kosovar ski resort Brezovica.

Speaking in front of Austrian potenial investors, ECIKS/IPAK Vienna representatives Kujtim Dobruna and Hamëz Morina provided an overview of progress and business and investment environment in Kosovo, while KTA leaders Ahmet Shala and Kirk Adams presented the privatisation process in Kosovo and the privatisation of Brezovica ski resort in detail.

Austrian potential investors and Austrian media have shown great interest in the privatisation of Kosovar ski resort and the event organized by ECIKS/IPAK Vienna. Austrians have an incomparable experience in winter tourism and their know-how could help Brezovica become the most attractive ski resort in South-Eastern Europe, in particular having in mind that Brezovica fulfils all geographical and climatic conditions.

The Office of IPAK in Vienna, implemented by ECIKS, was opened in November 2006 with financial support from the Austrian Development Agency (ADA). The office provides free-of-charge and confidential services for potential investors interested in Kosovo.