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BUSINESS BRIEFS

Sekyra plans Sk11.3 billion investment

THE LARGEST real estate group in the Czech Republic, the Sekyra Group, plans to invest Sk11.3 billion (€300 million) into three projects in Slovakia over the next five years.

The first project involves the construction of an apartment block on the premises of the former threads producer, Bratislavská cvernová továreň (BCT), in Bratislava.

Estimated expenditures are projected at around Sk8 billion, the Pravda daily wrote.

The second project is a multi-functional block of apartment buildings in Mlynská dolina, while the third project is currently under development.

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