Investment fund Danube Fund will begin the second stage of the construction works on a 18,000 sqm office building located in close proximity of Piata Victoriei, Bucharest, this summer. The deadline for completion is 2005. “The building is finished up to the ground level as of now, and we will begin works on erecting its 16 stories this summer. The total investment in this building reaches 20 million euros,” Alexandru Mnohoghitnei, Danube Fund investment director said. The business centre will be named Bucharest Corporate Center. Danube Fund was established in 1997 as an international venture capital fund organised by financial group Alpha Bank (Greece), the European Bank for Reconstruction and Development (EBRD) and International Finance Corporation (World Bank’s investment arm). ZF