Type
Business expansion
Country
Croatia
Region
Hrvatska; Jadranska Hrvatska; Istarska županija
Location of affected unit(s)
Poreč
Sector
Accommodation / Food
55 - Accommodation
55.2 - Holiday and other short-stay accommodation
55.20 - Holiday and other short-stay accommodation

800 jobs
Number of planned job creations
Job creation
Announcement Date
8 May 2026
Employment effect (start)
1 June 2026
Foreseen end date
1 June 2026

Description

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.


Citation

Eurofound (2026), Pical Resort, Business expansion in Croatia, factsheet number 300361, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/300361.