Construction and investment company Niya Ltd announced the investment of 9.2 million euro in the reconstruction of a former bank building in the Bulgarian town of Pleven into a trade and entertainment centre.

Central Mall Pleven would have a build-up area of 11 000 sq m, investor.bg reported.

The five-floor building was planned to include 40 shops. Rental prices would vary between 25 and 30 euro per sq m.

The mall would boast an amphitheatre-shaped cinema, a bank, restaurants, coffee shops and a children's corner.

The trade centre is expected to start functioning in September 2008 and would provide nearly 430 workplaces.