Property

"Galata Investment Company" AD owns property (land), located in the land of Galata and Asparuhovo, Varna, with a total area by deeds of 1190 acres and fair value amounting to 75 042 thousand leva (38 384 thousand euro).

The above properties are classified as investment properties, and represent regulated estates, agricultural and forest areas.

As "Property, facilities and equipment" are classified costs for the acquisition of non-current assets, which include costs of designing projects for construction at the investment properties owned by the company.