After four years of building family homes and small residential developments in villages around Prague, the NIDO group is expanding into the capital itself. Having acquired a site in Hostivař, says partner Lukáš Tvrdý, the company has secured a construction permit allowing it to erect a 14-unit apartment building on it. This new project won't prevent the company from continuing its ongoing program of developing individual sites, as Tvrdý claims his team has the capacity to increase the pace of construction still further. But it will make it necessary to expand its financial base.
Over the past three . . .
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