Investment in Tourism: Multi Million Euro Cash Injection for Makarska

Lauren Simmonds

When we hear about investment in Croatian tourism, the cash injections usually come from abroad or at least from foreign accounts, but not always. Makarska is just one fine example.

As Poslovni Dnevnik writes on the 17th of October, 2019, Mate Jujnović, the owner of Promet Makarska and both the Makarska and Split bus stations, has purchased the company “Romana Apartmans” d.o.o. according to a recent report from Slobodna Dalmacija.

Project manager Marinko Sulić, who has so far sought partners from within Spain’s famous “Iberostar”, and later on Germany’s equally well known “Der Touristik”, managed to get the right partner with whom the story should get a safe and secure “happy ending” in no less than Mate Jujnović.

A few months ago, the very well known Dalmatian entrepreneur revealed to Kronika that he wanted to invest an enormous 35 million euros into Makarska, a picturesque, mountainous and extremely popular tourist destination in central Dalmatia, from the sale of some valuable land across the world in New Zealand, and apparently found the so-called ”golden goose” in the aforementioned “Romana” hotel, which many consider to be the flywheel of tourism throughout not only the City of Makarska, but the heavily frequented Makarska Riviera, too.

As such, on September the 23rd this year, the director of the company ceased to be Robert Sulić, the son of Marinko Sulić.

An eye-watering cash injection of roughly twenty million euros should help Sulić complete the financial structure and come to the end of the grand hotel complex project, worth a massive sixty million euros in total. According to Sulić, the same Makarska facility boasting almost 270 beautiful luxury rooms should open its doors before the next summer tourist season begins, namely as early as May the 9th, 2020.

Make sure to follow our dedicated business and travel pages for much more information on both domestic and foreign investments in Croatian tourism.


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