TriGranit Rt, a real estate company controlled by Hungary's second-richest man, may win a contract for a USD 1.3 billion development project in Bucharest, the largest ever in the Romanian capital, daily Ziarul Financiar reported. The agreement will probably come next year following elections this weekend, the newspaper said, citing unidentified officials familiar with the project. The project, which will stretch over 110,000 square meters in the center of Bucharest, will include offices, residential apartments, shopping malls, hotels, and parking lots, the paper said, citing the Ministry of Transports and Constructions. Investor Sándor Demján owns a 75 % stake in TriGranit (Bloomberg; Nb 16)
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25.11.2004