House for sale near Varna - ID 3825

Marks and spencer To Invest 50m Euro In Expansion On The Balkans 14/03/2008
The largest British clothing retailer Marks&Spencer Group Plc set up a joint venture with the Greek Marinopoulos Group to expand its business in Eastern Europe, Bloomberg reported on February 29. The British company acquired 50 per cent of Marks&Spencer Marinopoulos BV, which manages 38 outlets under franchise in Greece, Romania, Bulgaria and Switzerland, for  50 million euro. Marks&Spencer plans to open 50 new outlets on the Balkans in the coming years, Bloomberg said. The acquisition is a part of Marks&Spencer's expansion and investment strategy, which includes boosting the share of international revenues to between 15 and 20 per cent over the next five years. "Our joint venture with Marinopoulos will mean we can really put M&S on the map in this part of the world,''... more

Marketing Suite At Sofia Airport Centre Opens 10/03/2008
GE Real Estate Central and East Europe and US-based Tishman International inaugurated their Marketing Suite on March 4, an exhibition area revealing some of the products and services that will be available in the 250 million euro Sofia Airport Centre (SAC) on completion. “It is a unique idea for Bulgaria – a showcase testbed for the products and finishes to be used in the establishment. The exhibition room will be open 24 hours a day, enabling prospective investors to come and see what they are renting,” Julian Edwards, Tishman general manager for Bulgaria, said. The future mixed-use development will contain a hotel and an office section, constructed according to international Class A standards for offices, with retail, restaurant and back-up services on the ground floors and a... more