BUSINESS SHORTS

British firm investing Sk7 billion in Bratislava

KAMENNÉ Square in Bratislava is due to get a face-lift. The British Lordship firm plans to renovate and expand the Tesco department store area into a retail and residential complex, the Nový Čas daily wrote on October 16.

Under the terms of the project, called 'Centre Plaza', the British investor plans to build two new luxury pyramid-shaped hotels in place of the current Kyjev Hotel.

In addition, the investor plans to build a new multi-functional building with offices and luxury apartments on Špitálska Street.

These three buildings, with the investment estimated at Sk7 billion (€189.2 million), will form an 'atrium' with a glass cupola.

"The British company has already specified all the details of the projects. However, everything is still in the negotiation and planning phase," said Štefan Šlachta, Bratislava's chief architect.

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