Sliven-based Dekotex to Build Residential Complex on 77,000 sqm
18.02.2007The Sliven-based carpet factory, Decotex has acquired a 77,000 sqm former hospital plot. The company plans to build a gated community residential complex incorporating retail and entertainment section, restaurants and parking lots. Under the contract with the Sliven municipality the company has to provide 60 apartments for the needs of the citizens of SLiven as well as the entire design and construction of the technical infrastructure in the area of the therapeutical unit of the hospital. The investment in the reconstruction of the existing therapeutical unit of the hospital amounts to EUR 18 million. The Decotex's bid in the tender for the sale of the plot amounted to BGN 5,9 million which was BGN 12,000 higher than the bid of the other bidder from Stara Zagora. The factory was founded in 1909 and is the only producer of wool and synthetic rugs in Bulgaria.
Sliven Properties
