Sparkassen to invest EUR 500m in Bulgaria by 2010

By A staff reporter 2007-05-30T00:00:00

Erste Bank Group's real estate division Sparkassen Immobilien, and Germany's ECE Projektmanagement are developing a EUR 180 mln commercial and business center in Sofia, newspaper Dvevnik reported. Erste bank is also planning to invest up to EUR 500 mln in Bulgarian retail, office and residential developments through 2010.

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