Germany’s construction company ECE Projektmanagement is planning to invest EUR 150mn in the construction of a trade centre in the country’s third largest city of Varna , located on the northern Black Sea coast. The centre, named, Black Sea Park , would be located on 54,000 square metres rentable area and would host 220 shops. The project should be completed in 2010. This is the third initiative of ECE in the country as the construction of two other trade centres has already started in the capital city of Sofia . The Hamburg-based company runs 90 trade centres on total area of 2.7mn square metres at present while another 26 are planned or being constructed in Europe.
Source: Intellinews-Bulgaria Today