The Board of Directors of Group of companies MICHANIKI S.A. notifies that the process of the purchase of the new plot in the residential suburb of Sofia, German on behalf of the 100% affiliated company Michaniki Bulgaria has been completed. 38 plots of 93,000 sq. met. total surface were bought in the price of 4.5 million euros. The abovementioned plot is situated in amphitheatrical slopes of Vitosa mountain in Sofia, and is intended for the residential development of main residence for medium and superior level social groups.