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TriGranit trebles investment after Rotschilds join the club

At the moment the company is planning to spend EUR 1 billion constructing shopping malls in Silesia and other areas in Poland, including Warsaw. But because of increasing investment outlays the company will construct a total of 12 centers in the country, but might increase its investments if Warsaw city officials decide to announce a tender to reconstruct the current shape of the Plac Defilad square. "The London Rotschild family will become another shareholder of TriGranit. We have just concluded final negotiations," said Todd Cowan, managing director of the firm in Poland. The deal means there should be no problems with obtaining financing for the envisaged projects in Poland. (Puls Biznesu, p. 3) M.M.

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