Search En menu en EIB GROUP CLIENT PORTAL
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages

Signature(s)

Amount
€ 35,000,000
Countries
Sector(s)
Slovenia : € 35,000,000
Services : € 35,000,000
Signature date(s)
9/12/2008 : € 35,000,000
Link to source
Other links
Summary sheet

Summary sheet

Release date
6 August 2008
Status
Reference
Signed | 09/12/2008
20080310
Project name
Promoter - financial intermediary
Hotel Palace Portoroz
Istrabenz Hoteli Portoroz doo
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 35 million.
EUR 75 million.
Location
Sector(s)
Description
Objectives

Restoration and extension of a dilapidated, disused, city centre hotel to create an international standard 5 star hotel under a leading brand with 175 rooms, restaurants, wellness centre, underground parking, etc in an historic, landmark building.

The proposed hotel should become one of the leading hotels in the Adriatic, primarily drawing on high-value leisure clients, but also conferences, exhibitions and other business events. The soundness of the business concept and market projections will be analysed at appraisal.

Environmental aspects
Procurement

Compliance with EU Directive 97/11/EC, amending 85/337/EEC, will be verified during appraisal and the status of any environmental studies and public consultations will be reviewed.

This is a private sector project, to which EU procurement Directives do not apply. The Promoter is following current industry practices based mainly on competitive consultations among potential suppliers of goods and services. The procedures employed will be confirmed at appraisal.

Link to source
Summary sheet
Other links

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

Related publications