The Interministerial PPP Committee has granted approval for two projects with total budget of c.€195.15M

The tender refers to the majority of the company's share capital, that amounts to at least 67%.

The hotel accommodation facilities comprise 28 Single Rooms.

The project comprises pavement maintenance and restoration amongst other works

AVAX SA was declared as project's contractor.

The transaction price amounted to 12.3 million euros.

HRADF's tender process for the development of the property takes place in a single phase.