Corporation “Razvitie” has been constituted in 1993 as a limited liability partnership with shares (hereinafter referred to as “the Corporation”).
The major shareholders of the partnership are the United Bulgarian Bank JSco. (UBB), DZI Jsco. (an insurance company, part of KBC Group, Belgium), Intransmash-Engineering JSco. and about 900 entities and natural persons.
The activity of the Corporation is related to investment management in value shares and stocks, as well as investments in high-class real estates.
Currently the Corporation’s investment portfolio includes two major investments in its business centers located in Sofia, as follows:
1. A Business Center Building, located on 40, Bratya Buxton blvd., Sofia, Bulgaria.
The investment includes construction of a new building consisted of an office area, market places and residential area and renewing of the warehouse situated on the plot.
2. Object located on 28, Haydushka polyana str. and Haydushko izvorche str., Krasno Selo residential district, Sofia, Bulgaria.
The investment includes construction of a new office building, residential building and construction of commercial and storage facilities areas.
In addition, another asset of the Corporation – a building located in the downtown of Stara Zagora city, 26, Ruski blvd. has been vacated due to seizure of its production activity and is currently rented for office and marketplace usage.