GTC Poland enters Ukraine market

By SHARON WROBEL
October 23, 2006 07:17

GTC Ukraine will focus on property development in the Ukraine.




GTC Poland of the Kardan Group in cooperation with the European Bank for Reconstruction and Development said Sunday it is entering the Ukrainian market. EBRD initially will invest $10m. for a 10 percent stake, while GTC Poland will provide the remainder of the initial $100m. investment. GTC Ukraine will focus on property development in the Ukraine.


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