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28-08-2007
Euroterra Bulgaria AD has concluded a contract for the purchase of a landed property No 2184

On 24.08.2007, Euroterra Bulgaria AD has concluded a contract for the purchase of a landed property No 2184 in Sofia, Vitosha District, Drenovishka Reka locality as per the planning of the Botanical Garden area, comprising an area of 1,213 sq. m at the price of EUR 242,600. The transaction is in compliance with the GMS decision of Euroterra Bulgaria AD dated 29.06.2007, on the basis of an approved justification report pursuant to Art. 114a (1) of the POSA about the expedience and terms of the deal after an explicit authorisation of the company's Board to conclude the deal. In the transaction is involved an interested person in the sense of Art. 114 (5) of the POSA, namely Rumen Georgiev Nikolov, which has been pointed out in the GMS decision.