Construction of hotels to Euro-2012 in "the XXI century" postponed. For "more certain term"

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Developer company "XXI century" (Kiev) postponed construction of hotel complexes in connection with crisis.

The chairman of the board of directors of the company Lev Partskhaladze told about it in interview to the Money power magazine.

"Unfortunately, problems with liquidity removed these plans (on development of hotel complexes to the European Football Championship of 2012) for more remote term", - he told.

At this Partskhaladze added that ideas on implementation of projects remain in force.

Also he added that now the company froze implementation of all projects.

In 2007 "the XXI century" declared intentions to open 5 hotels in 2009-2011.

Earlier the company planned to finish in 2009 construction торгово - the entertaining centers "Kvadrat" in Kiev, Lviv and Sevastopol and "Emerald's" housing estate in Sevastopol.

"the XXI century" - the large developer company, develops and operates projects in trade, office, hotel, logistic and residential real estate.

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