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Grand Hotel Bulgaria gets 1st-class investor certificate

Date: 28.10.2007

Grand Hotel Bulgaria Company received Friday a first class investor certificate for constructing a multifunctional trade and entertainment centre in downtown Sofia.

"Grand Hotel Bulgaria" Company, which is about to turn Bulgaria Hotel into a multifunctional trade and entertainment centre, received its first class investor certificate from Bulgaria's Investment Agency on Friday.

The certificate was handed to the company's Marketing Manager Desislava Kinova.

More than BGN 80 M will be invested in the renovation of the hotel, which is situated in the centre of the capital city of Sofia.

The area of the ten-storeyed complex will cover 33,000 square meters. It will include offices, trade sites, parking lots and residential places.

The project should be completed in about three years.

A total of 250 construction workers are to be employed to realize the new ideas.

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