Bulgarian Developments Ltd.

Georgiev Engeneering Ltd.

Geotechmin Ltd.

Golf Balkan Ltd.

Highways Cherno More S.A.

Arnaudov Construction Company Ltd.

Stroy Consult Ltd.

Victoria Group Ltd.

Plant Construction Devnya S.A.

Devnya Trade Ltd.

Stimex Ltd.

Blagstroy Ltd.

ETIP Ltd.