Hungarian developer Trigranit said it has received the green light from the government of Romania for the development of its EUR 1bn Esplanada project in Bucharest. The development, a private-public partnership between Trigranit and the Romanian government, is scheduled to start in the second half of 2009. 'The negotiation process was long and very complicated for all parties, but the result is remarkable. The contract offers advantages for everyone involved,' said Dan Ghibernea, country manager of Trigranit Development Romania.
Premium subscriber content – please log in to read more or take a free trial.
