Polish-based Echo Investment has continued its expansion in Central and Eastern Europe by entering Romania to develop a 100,000 m[sup]2[/sup] shopping and entertainment centre project in the city of Brasov in the Southern Carpathians. Echo's subsidiary in Bucharest has signed an agreement for the purchase of a 4-hectare site in the city for the development which has an estimated investment value of EUR 100 mln. Work on the mall is to begin next year with completion scheduled for 2010.
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