Grand Hotel Bulgaria will receive today a first-class investment certificate for reconstruction and expansion of its building into a trade and office centre. Repair works are expected to cost BGN 80mn (EUR 40.9mn). More than 50 persons would be employed in the complex upon completion. Grand Hotel Bulgaria is part of BT Development Services, which runs twelve luxury hotels, some of which located in the northern Black Sea city of Varna , the winter resort Borovets, and the city of Veliko Tarnovo .
Source: Intellinews-Bulgaria Today