Italian Bernardi to build €250 million Business & Trade Center in Vojvodina, Serbia (RS/IT)

Italian based company, Bernardi Group, will invest €250 million in the construction of Business & Trade Centre, on 85 hectares of land located in the Serbia's northern province of Vojvodina.

The first investment stage will be finalized by December, 2010 with the construction of a 40,000-m² outlet center. Furthermore, the hotel, leisure park and trade center have been planned for the following phase. The Trade Centre Brico, similar to Swedish IKEA, will occupy 30,000 m², while shops will be built at 100,000 m².

Bernardi S.p.A. Group already has 170 retail stores in Italy, and it has a presence on markets of Romania and Saudi Arabia. With the support of Vojvodina Investment Promotion Fund they have decided to locate this Real Estate investment in Pecinci, at the proximity of the Belgrade - Zagreb highway. With the realization of this investment 5,000 people will be employed.

Source: Vojvodina Investment Promotion - VIP

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