"Silver Lake Investment" discontinued works on construction of hotel at Silver Lake

Company "Silver Lake Investment" has announced today (April 9, 2009) that it discontinues works on construction of the hotel at Silver Lake because of the economic crisis.

According to earlier announcement, the hotel was supposed to occupy the surface of 30,000 square meters, it was supposed to have four stars, and about 40m EUR was supposed to be invested in it.

According to the announcement, the company will keep investing in construction of infrastructure and entertainment-recreation contents.

The investor and founder of company "Silver Lake Investment" is businessman Slobodan Vučićević, who is also the President of the Administrative Board of "Droga Kolinska".