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Slovenia Business Week no. 05: Terme Catez Plans to Expand its Business

The leading Slovenian spa, Terme Catez, is planning several new investments in Slovenia as well as in SE Europe, its director general Mladen Kucis has told STA

The leading Slovenian spa, Terme Catez, is planning several new investments in Slovenia as well as in SE Europe, its director general Mladen Kucis has told STA.

In one year's time we are planning new investments at all three locations in Slovenia, said Kucis, and added that the company is also considering expanding on the Balkans.

Kucis singled out Ilidza in Sarajevo, Bosnia-Herzegovina, as the most likely spa to be upgraded in the near future.

Very pleased with Ilidza's business results, Terme Catez decided to expand the swimming and recreational facility with a new hotel, a wellness centre and a new conference centre.

According to Kucis, the Ilidza investment, which will be fully operational by the 2007 season, is worth around EUR 15m.

Furthermore, Terme Catez plans to build a hotel on the Slovenian coast, near the Portoroz marine, where the number of tourists is expected to rise due to the marine's plans to increase the number of berths.

Meanwhile, a mediaeval castle that has been turned into a luxurious hotel is about to re-open, featuring restyled suits and conference halls. Mokrice Castle is located on the Slovenian-Croatian border.

Additional investments totalling SIT 150m (EUR 630,000) are planned in Catez ob Savi, the seat of Terme Catez, where the outdoor swimming facilities are going to be renovated and an adrenalin park built.

Kucis also told STA that the company plans to add new facilities to the already existing 1,800 sq. metres of the largest Slovenian indoor swimming pool facilities, which are open all year round.

Having turned into the largest Slovenian spa over the past ten years, Terme Catez boasts 2,000 beds.

Source: Slovene Press Agency STA

Author: STA