Type
Business expansion
Country
Croatia
Region
Hrvatska; Jadranska Hrvatska; Istarska županija
Location of affected unit(s)
Porec
Sector
Hotel / Restaurants
Accommodation And Food Service Activities
Accommodation
55.10 - Hotels and similar accommodation

250 jobs
Number of planned job creations
Job creation
Announcement Date
10 June 2015
Employment effect (start)
17 May 2015
Foreseen end date

Description

The biggest investment in 2015 in Istrian tourism and one of the largest in Croatia – Valamar Isabella Island Resort on the island St. Nicholas close to Porec has been officially opened. It is the culmination of a two-year investment amounting to HRK m 250 (€ 33.3 m). 

The island resort has 334 accommodation units. It employs 250 workers, and received its first guests in May 2015.


Sources

  • 10 June 2015: Banka.hr

Citation

Eurofound (2015), Valamar Isabella Island Resort, Business expansion in Croatia, factsheet number 83677, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/83677.