ZF English

Rom Canada invests 20m euros

24.05.2006, 00:00 10

The international company Rom Canada Group will invest some 20 million euros to expand the West Park residential complex in the Militari district by another two hectares, declared Anton Lax, general manager of the company. "We already have the plot of land, which is just next to the three-hectare plot where we will build West Park. The expansion will include development of 450-500 flats, which will be located in other types of buildings," said Lax. Rom Canada recently announced that it would invest some 35 million euros to build a residential complex made up of ten blocks of flats totalling 500 flats in the Militari district of Bucharest. Rom Canada is an international company involved in the investment in real estate projects, such as, offices, hotels and shopping centres in Canada, the United States, United Kingdom and Romania. The group entered the Romanian market eight years ago building the Neocity Tower. Total investments of the group in Romania top 50 million euros. ZF

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