Deal #7619

Location #1

Spatial accuracy level
Administrative region
Location
Plovdiv

Target country
Bulgaria
Comment on location
Land is situated at about 5000 separate spots in the three regions.

Location #2

Spatial accuracy level
Administrative region
Location
Haskovo, Bulgaria

Comment on location
Land is situated at about 5000 separate spots in the three regions.

Location #3

Spatial accuracy level
Administrative region
Location
Yambol, Bulgaria

Comment on location
Land is situated at about 5000 separate spots in the three regions.

Land area

Size under contract (leased or purchased area, in ha)
[2014-01-21] 3000
Comment on land area
According the lawyers worked on the deal it is at least 3000 ha

Intention of investment

Intention of investment
Food crops

Nature of the deal

Nature of the deal
Outright Purchase
Comment on nature of the deal
Tianjin Farm Cultivation Group Company Bulgaria bought Hera Agro Ltd, which was owner of the land

Negotiation status

Negotiation status
[2014-01-21] Concluded (Contract signed)

Implementation status

Implementation status
[2014] In operation (production)

Contract #1

Contract date
2014-01-21

Number of domestic jobs created

Jobs created (domestic)
Yes
Comment on jobs created (domestic)
In May 2014 the number of the jobs has not been changed

Operating company

Operating company
Comment on investment chain
The seller of Hera Agro is Omega Agro Invest Ltd, owned by Winslow Land Invest Ltd.

 

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Data source #1

Data source type
Media report
Publication title
A Chinese company bought 30 000 decares of farmlands in 45 villages in South Bulgaria from Omega Agro
Date
2014-05-14

Feb. 14, 2020, 11:08 a.m.

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Feb. 7, 2020, 1:04 p.m.

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Jan. 3, 2020, 10:45 p.m.

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