Sun, Nov 22 2009

Spain's Bogaris to invest 15M euro in Rousse

Wed, Feb 20 2008 19:27 CET byDessislava Leshtarska 315 Views

Spanish construction company Bogaris, formerly known as Grupo Detea, would invest 15 million euro in the industrial park in Slatina area of Rousse, local authorities said, as quoted by Dnevnik daily.

The company would design and build manufacturing, storage and office premises, Dnevnik daily reported.

Bogaris was already investing 680 million euro in real estate projects in Romania. "We are looking for industrial land, but we have problems finding them at the right price because the industrial market is developing," general manager Alfonso Otero told The Diplomat magazine in Bucharest. "I have the impression that there is a lot of land for sale in Romania but few transactions."

Another Spanish company, Keros Ceramica, was already building a ceramics factory in the Rousse's industrial park in Slatina.

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