CBA Property Investment constructs EUR 36.8mn trade centre in Veliko Tarnovo

The local CBA Property Investment has earmarked BGN 72mn (EUR 36.8mn) for the construction of a trade centre in the northern city of Veliko Tarnovo . The project, named Trade Park Veliko Tarnovo, is expected to receive first class investment certificate by the end of the year. The first stage of the project encompassed the opening of a store of Germany ’s home improvement retailer Praktiker. The project would be completed by the end of next year and is expected to open 450 temporary and 750 permanent jobs.