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Hristo Kovachki acquired as a concessionaire the old bathhouse in Blagoevgrad

Article published from Darik Radio on 2009-06-23 09:45:00
Category: Business in Blagoevgrad

Bulgaria`s energy tycoon Hristo Kovachki has acquired as a concessionaire the old bathhouse in the southern city of Blagoevgrad. The concession is for a 25-year term while Kovachki will be mandated to preserve the building`s functional use and increase its capacity. The minimum investment amount, according to the contract, is BGN 4,8 M without VAT.

Kovachki will be paying the minimum concession dues of BGN 144 000 per year. The concessionaire duties include the establishment of two separate baths - male and female, building of a SPA center with Jacuzzi, sauna and a Turkish bath plus a hotel, a 250-seats restaurant, coffee shop and conference hall with a minimum of 120 seats.
Source of the article Darik Radio
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