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ROMANIA

Alpha Grissin has recently entered in the Romanian Real Estate market via its 100% subsidiary ZH REAL ESTATE CONSTRUCTION SRL in Bucharest.

ZH REAL ESTATE owns a land plot in the region of Tunari, north of Bucharest,which is considered to be one of the most attractive areas for future development. The land plot covers a total area of 65.600m2 on which the company intends to develop a modern residential complex of total surface close to 65.000m2.