Vilniaus senamiesčio restauravimo direkcija UAB
Sale date:
2008 year
Company activity:
Investment into real estate
Invested:
€0.87 million (2005)
Sales amount:
€2.7 million
In 2004-2005 Invalda Group acquired a 100 % holding in the private company Vilniaus Senamiescio Restauravimo Direkcija intending to engage in the development of a real estate project in the Uzupis district of Vilnius. Following a targeted restructuring of the company‘s operations and after the value of the assets significantly increased, in 2008 Invalda Group withdrew from the project.