Real Estate (NT) Development Company "Males"due to bureaucratic obstacles, two projects in Vilnius, with a total value of about 90 million euros, cannot be launched," says the company's manager Arvydas AvulisThe businessman added to Verslo žinoms that Hanner is no longer considering new projects in Lithuania.
"We are no longer considering new projects in Lithuania. What is the point? The point is to build and invest, not to argue and do analyses and research. If someone wants to, let them argue," A. Avulis told "Verslo žinoms".
According to the portal, Hanner plans to build a 33-story office building at Konstitucijos Ave. 11 and a housing project at Žirmūnų St. 3A in the capital.
According to A. Avulis, in the first case, the company has been waiting for two years for the municipality to approve the corrections to the detailed plan, and in the second case, until it is decided whether 8 abandoned warehouses, garages, and industrial buildings are cultural heritage.
