The Romanian branch of the German company Maurer & Kasper will invest about 13 million euros in building a residential complex with a total surface area of 37,000 square metres, stated Daniela Kasper, partner and administrator of the company. “The Avantgarde complex will include 17 villa-type of blocks, totalling 275 flats, and will be built on a plot of land of about 40,000 square metres”, added Kasper. Works will start in March, with the deadline set for December. “The project will be financed both from out own funds and from banking loans,” said the Maurer & Kasper official. The blocks of flats have the following structure: ground floor, two floors and an attic, and have two, three, or four-room flats, which take up between 70 and 142 square metres. ZF