Over one billion euro has been invested in the wellness and spa industry in Bulgaria over the past more...
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Danish property developer to build shopping mall in Pleven
Dnevnik daily, 18 April 2007
Danish property developer TK Development to invest 50 mln euro in a retailer center in Pleven, Northern Bulgaria, said municipal PRO Svetlana Kostadinova.
The completed mall-type development will either be sold off or leased, said Kostadinova after a meeting between Pleven deputy mayor Valentin Mateev and top executives from the Danish corporation.
TK Development has asked the municipality to provide a suitable land plot with a well-trafficked location close to the city.
The project is expected to create 1,000 jobs.
According to Kostadinova, TK Development zeroed in on Pleven after extensive research pinpointed positive trends in the development of the regional economy and increased investor attention towards the city.
