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Austrian company buys plot for investment purposes near Sofia

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First Investment Bank sold to the real estate company Soravia 40% of the land of the former metallurgical plant Kremikovtsi. The CEO of Fibank Nedelcho Nedelchev announced that the Austrian company paid nearly EUR 39 million for 3.08 square kilometers of land. Soravia acquired the asset, in order to meet the demand of its clients of land in Sofia that will be used for development of new, modern, high-tech and environmentally friendly manufacture, Nedelcho Nedelchev added.  Closed industrial areas in such proportions, situated in close proximity to a megacity, are unique for the EU. The existing industrial infrastructure, the excellent transport links and the size make the plot attractive for large-scale, industrial and logistic development, the investors contend.




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