Type
Business expansion
Country
Bulgaria
Region
Yuzhna Bulgaria; Yugozapaden; Sofia
Location of affected unit(s)
Pravetz, Sofia region
Sector
Construction
Construction Of Buildings And Infrastructure Engineering
Civil Engineering
42 - Civil engineering

180 jobs
Number of planned job creations
Job creation
Announcement Date
11 April 2007
Employment effect (start)
1 January 2010
Foreseen end date

Description

Terra Tour Service Bulgaria with the investment of 71.8 million BGN will build a new golf-complex near Pravetz, Sofia region. The complex will be ready by 2010 and will be stretched over 600.000 sq.m. The investor intends to build 35 small houses for the golf-players. The area fully responds to the PGA requirements for golf-playground, said Vassil Zlatev the manager of the firm. Terra Tour Service will be the main investor along with AGrohold holding. Some 180 new working places will be created. The investors announced that they will hire young people with foreign language knowledge and have already foreseen money for their qualification and training.


Sources

Citation

Eurofound (2007), Terra Tour Service, Business expansion in Bulgaria, factsheet number 65232, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65232.