The complex, unfinished, should have included 7 residential buildings with ten floors each, being situated near Iulius Mall in Iaşi. The land is almost 14,000 sq. m and was bought in 2006. Only three of the seven buildings are developed at structure level.
The company Tătăraşi Arena entered insolvency at the end of last year, with 80 million lei debts (EUR 18 million). (sursa: economica.net)