XXI Century Kharkiv to Increase Assets by 2.5

XXI Century Kharkiv announced it expected the value of its assets to increase to USD 450 mln in 2008. The company’s CEO, Alexander Yaroslavskiy said that XXI Century Kharkiv plans to invest USD 80 mln in current projects and purchasing new landplots. Among their plans are construction of a cottage town and a premium-class neighborhood. XXI Century (XXIC LN: N/R) has a 50% stake in projects owned by XXI Century Kharkiv.