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THE MALL Achieves ISO 14001:2004 Certification

Left to right: Eng. Stefan Abadjiev, Managing Director of the certifying company GCS Bulgaria; Mr Miltos Bossinis, Assets Director of Assos Capital
Left to right: Eng. Stefan Abadjiev, Managing Director of the certifying company GCS Bulgaria; Mr Miltos Bossinis, Assets Director of Assos Capital

August 05, 2010, 10:12 (PX Newswire)

The recently-opened MALL in Sofia is the first retail scheme in Bulgaria to be awarded the globally recognized environmental management certificate of ISO 14001:2004.

The standard implements process controls regarding the sustainable functioning of the retail complex. Thus it aims to ensure THE MALL’s long-term compliance with international best practices and legislative requirements which is to contribute to its sustainable development. On a practical level, the ISO certification entails energy efficiency of the project, as well as minimization of waste generation and optimization of resources used.

“We believe that environmental and economic sustainability are interlinked, so for us the certification makes business sense”, comments Miltos Bossinis, Assets Director of Assos Capital.

“Each ISO certification is both recognition and a challenge. Now that we are committed to a strict environmental policy, it will be a priority to the management of THE MALL to enact on a daily basis the commitment to the sustainable operation of the trading center”, shared Frank Whiting of Colliers International, Shopping Center Manager at THE MALL.

The certificate was awarded to Mr. Miltos Bossinis, Assets Director of Assos Capital, main investor in the project, by eng. Stefan Abadjiev, Managing Director of the certifying company GCS Bulgaria.

About Assos Capital
Assos Capital is an independent real estate private equity firm specializing in South-East Europe. Assos Capital focuses primarily on investments with a retail component, including downtown and out-of-town shopping centers, retail parks and high street shops.
Assos Capital is comprised of a highly experienced team of investment and management professionals, who collectively have over 70 years of relevant investment and real estate experience and who have sourced, negotiated, structured, executed and arranged financing for real estate development transactions and real estate investment products in excess of €1bn throughout Central and South-East Europe.

For more information about Assos Capital, visit www.assoscapital.com

For more information:
Sarah Mountford, Toolbox Marketing, tel: +44 1 359 250208; email: sarah@toolboxmarketing.co.uk



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