Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Valamar Riviera, a Croatian hospitality and tourism group, has announced the opening of the Pical Resort 5* in Poreč, Istria, scheduled for spring and summer 2026. The investment is expected to create over 800 new jobs, including managerial, hospitality, wellness and operational positions
The resort will operate year-round, supporting the company’s strategy to reduce seasonal dependence and strengthen high-end tourism in the region. Recruitment activities have already started, while employees are being offered accommodation support, training programmes and long-term employment schemes aimed at improving workforce retention and service quality.
The investment, valued at more than EUR 200 million, is one of the largest tourism projects currently under development in Croatia.
Eurofound (2026), Pical Resort, Business expansion in Croatia, factsheet number 300361, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/300361.