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Galchev Engineering company teams up with Bansko municipality to build a ski zone in Dobrinishte
The Orbel Development company and the municipality of Bansko have set up the Dobrinishte BG joint venture to build a ski zone in the resort of the same name. The news was published by construction company Galchev Engineering Group and was confirmed by Bansko mayor Alexander Kravarov.
Orbel Development is a partnership between Galchev Engineering and Austria's Norema Tourist Holding Company.
Orbel won a tender invited by the Bansko municipality to select an investor for the development of the site.
In the new joint venture company, Orbel controls 80 per cent of the capital while the city of Bansko has the remaining 20 per cent.
Kravarov said, that in exchange for its stake in the project, the municipality undertakes to draft a zoning plan for the new resort by the spring of 2008.
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