Last update: 24.03.2023 05:38 (GMT+2)
SANITAS STOCK EXCHANGE RELEASE 30.12.2005.
The addition to Stock exchange release of 29.12.2005.
To supplement the Stock exchange release of 29.12.2005 Sanitas AB informs
that it is decided to sell real estate in the center of Kaunas owned by Sanitas AB
and its subsidiary Altisana UAB. Territory of 2,875 hectares situated
among Vytauto ave., Čiurlionio str. and Kaunakiemio str. has its detailed plan
approved. It is foreseen to construct many-storey apartment houses on the
said lot. The detailed plan allows constructing buildings of up to ten-storey height.
Space of all constructions (excluding car parking areas) totals 49 thousand square
meters. The said real estate is going to be sold by way of tender, which will be
announced at the beginning of January of the coming year. The amounts received
will be used for expansion of Sanitas AB pharmaceutical business.
Head of Legal and General Issues Department
(37) 20 06 62