Arco Vara AS Extends License Agreement in Bulgaria
October 07, 2022 at 12:21 pm IST
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Arco Vara AS announced at the bilateral initiative of the parties, the agreement was tentatively extended until December 31, 2028. The Estonian and Latvian agreements last until December 31, 2023 and are subject to review next year.
Arco Vara AS is an Estonia-based company active within the property industry. The Company focuses on the building construction, civil engineering, special engineering and real estate services. Its business consists of three segments: Development segment, which is engaged in the development of residential and commercial environments, as well as long-term investment in real estate; Service segment, which is involved in the real estate brokerage, valuation and management, and short-term investment in real estate, and Construction segment, which provides general and sub-contracting in the field of general construction, civil and environmental engineering, and construction supervision services. Arco Vara AS has numerous subsidiaries, including Arco Lozen EOOD, Acro Invest EOOD, and Acro Real Estate SIA. The Company operates in Estonia, Latvia and Bulgaria.
ARCO VARA 