Mirax expanded land in Zavala ( 2008-09-30)
| Russian corporation Mirax was the only one that submitted an offer in the tender which the municipal company Budva holding invited for the establishment of a joint venture company that would manage the future exclusive tourist complex in the cape of Zavala. Mirax and Budva holding confirmed that the Russians will be partners in the construction of two luxurious hotels, which will remove all the doubts about the continuation of realisation of the ambitious project Astra Montenegro, worth more than EUR 200m. Budva holding received 3m sqm of municipal land for management at the beginning of the year and the value of the land is estimated to more than EUR 150m. (Vijesti) |
