Transelektro plans Ft100 billion investment
Monday, June 13, 2005, 07:00
Transelektro Kft, leading company of Transelektro Holding, plans to build new city center in district 13, online news portal Privátbankár reported. Constructions will be in process in the next 5-7 years behind the Duna Plaza in Budapest, on an area of 6 hectares. First section of the building operations starts next week, and the agreement with the contractor Épker Kft has already been signed. The construction of 136 luxury flats in the Ft 5 billion first section of the investments will be completed until August 2006.