Italy's Miroglio Group bought a 70 percent stake in Interpred -World Trade Center Sofia from Daewoo Engineering and Construction, the Interpred management announced. Changes in Interpred's Board of Directors were made at a general meeting on February 11, the management also said. The Daewoo representatives were replaced by Edoardo Miroglio, Executive Director Massimo Bartocci, member of the Board of Miroglio Group, and Interpred Executive Director Piermario Novarino. The state representative, Deputy Economy Minister Dimitur Hadzhinikolov, retained his seat in the Board of Directors. Miroglio Group is one of the largest textile companies in Italy and Europe. It owns 20 plants, of which three are in Bulgaria: Miroglio Lana in Sliven, Giorgetti Bulgaria in Elin Pelin, and Bouket in Nova Zagora. The group announced that it will invest in yet another textile factory in Bulgaria. Miroglio Group is the second largest Italian investor in Bulgaria after UniCredito which bought Bulbank. The Italian textile company has invested BGN 220 M in Bulgaria.

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