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BABIS VOVOS INTERNATIONAL TECHNICAL S.A.
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Press Release
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January 11, 2008 The management of BVIC S.A. is pleased to announce that it has received the third and final building permit of the Sounio project. The total Gross Lettable Area (GLA) of the three five star hotel units will be approximately 12,000 sqm located on a 62,000 sqm sea-side plot. The development will commence immediately and will be completed within 15 months. This project strengthens the group's commitment for expansion in the tourist development sector, while the land plot's prime location has already attracted the interest of Greek and foreign hotel operators.
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