215.6 Million Kuna Revenue for Adriatic Croatia International Club in 2021

Lauren Simmonds

Updated on:

As Morski writes, according to the unaudited business results report, Adriatic Croatia International Club’s EBITDA last year amounted to 83.7 million kuna, which is a significant increase when compared to 70 million kuna one year earlier. Despite the difficult business conditions due to the continuation of the global coronavirus pandemic, Adriatic Croatia International Club achieved a positive financial result in the amount of 13.4 million kuna and thus exceeded its business results from back in the challenging year of 2020.

The gradual return of ACI d.d. to its pre-pandemic levels represents a significant success for the company, especially given the global coronavirus pandemic that has posed significant challenges to all businesses, especially those operating within the tourism sector. As such, in 2021, ACI recorded 21 percent higher sales revenues, which are higher by 36 million kuna when compared to the same period last year, and the trend of growth has been recorded across almost all business segments and further growth is expected.

”The achieved results for 2021 are above our expectations, especially given the uncertainty and unknowns that marked the previous year and with which we entered 2021. We have preserved jobs, without interfering with wages and the material rights of workers and we maintained fair relations with our business partners, all with an increase in sales revenue by 36 million kuna, and we believe that in 2022 we’ll return to pre-pandemic results. We’re ready for further investments in our marinas, but the basic precondition for that is the extension of concessions,” said the President of the Management Board of ACI d.d., Kristijan Pavic.

Back during 2021, ACI d.d. realised investments in the amount of 44 million kuna, of which the most, totalling 23.5 million kuna, was invested in the reconstruction of the breakwater in the Korcula marina, followed by an investment in the Dubrovnik marina which was over 7.9 million kuna. The year was also marked by the beginning of a partnership with Gitone Kvarner d.o.o. and the establishment of ACI – Gitone d.o.o. with the aim of investing in the future ACI marina Rijeka.

ACI d.d. it places significant emphasis on ecology and the conservation of natural resources and is a socially responsible and environmentally friendly business when it comes to its core values, which is why ACI d.d. is actively involved in the Safe Stay in Croatia project, which aims to position Croatia as a safe and desirable tourist destination. In addition to contributing to the conservation of many natural resources, ACI marinas were also awarded in 2021, thus reaffirming the effort and commitment to excellence that is at the heart of their business operations.

Adriatic Croatia International Club is one of the main carriers of nautical tourism in all of Croatia, it manages 22 marinas throughout the Adriatic and almost 6,000 berths and is an excellent example of the development of tourist offer and nautical facilities in this country. In addition to significant investments and projects so far, in 2022, the company plans further investments in the amount of 97 million kuna planned, of which 90 percent relate to solely to investments, while 10 percent will be focused on investment and current maintenance.

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