Meinl European Land, a real estate company registered in the Channel Islands, at the end of the first half had six projects in Romania in the final phase of analysis, with the value of projected investments being put at 627m euros. Thus, Meinl's investments in Romania could revolve around 750m euros by 2010. In Southeastern Europe, the company is considering 16 projects, for which Meinl has projected investments of 1.6bn euros. The majority of projects are related to Russia and Romania, six in each of the two countries, with the rest of investments destined for Ukraine and Turkey (each with two projects), according to the company's half-year financial report. The market value of these projects is estimated to reach 2.2bn euros by 2010. On the Romanian market, Meinl is currently developing two projects, which are due to be finalised in 2010, with total investments worth 91m euros.
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