Bulgarian Telecommunication Company (BTC) will form a new investment projects unit, starting October 1 2007.

The new unit should be integrated by March 2008.

It would manage all activities not directly related to the communications business of the company, such as the international call centres, the Golden Pages project and the real estate of BTC, mediapool.bg reported.

BTC’s real estate has been valued at more than 366 million leva. In 2006, the company planned to establish a separate company to manage the property. Obviously BTC transformed its intention to a unit including more activities, mediapool.bg said.

BTC is restructuring beyond the creation of the new unit.

The company’s chief executive officer Martin Staub said that the new structure was proof that we believe in successful Bulgarian managers.