5 Minute News

€189 Million Development at KEAN Factory by Russian-owned bbf

April 15, 2025

The company bbf, with Russian interests, is investing €189 million to develop the historic KEAN factory site in Agios Athanasios, Limassol. The project will include residential and commercial buildings and aims to transform the area by providing modern infrastructure. Three phases of construction are planned, with completion expected by 2031. The project is set to include 317 apartments and extensive communal spaces.