Land on the seaside near Kavarna - ID 3674

Lynns Home To Be Auctioned 14/03/2008
The ill-famed solicitor Michael Lynn, who has over 105 properties in Slovakia, Bulgaria, China, Spain, England, Dubai and Ireland, was alleged to have taken out multiple mortgages on several properties with major Irish banks, with alleged loan liabilities of more than 26 million euro. more

Elana Plans Ipo 20/03/2008
Elana Financial Holding will be floating its shares in an initial public offer (IPO) in the second half of this year, Kamen Kolchev, chair of Elana Holding AD board of directors and chief executive director, said on March 19. The holding plans to offer between 15 and 25 per cent of its shares. Elana Financial Holding comprises the companies Elana Trading, Elana Fund Management, Elana Property Management and Elana Investment. The company is in charge of Elana's financial operations. Elana Holding reported consolidated net profit of 7.5 million leva in 2007 in what is a 180 per cent year-on-year increase. Revenues grew by 50 per cent on the year to 50 million leva. In addition, Elana plans to establish two real estate investment trusts (REITs) before the year expires, Kolchev said.... more