Business News

Russian Investors Planning Projects in Slovenia

Moscow, 21 October (STA) - Russian investors are planning investments worth millions of euros in Slovenia, primarily in tourism, the STA has learnt from a Slovenian delegation on a visit to Russia and Azerbaijan.

A Russian investor that is already present in Slovenia is expected shortly to launch the construction of a top-end hotel in Rogaška Slatina, the spa resort in eastern Slovenia, according to lawyer Jože Unverdorben, who is involved in efforts to upgrade tourism in the area.

Unverdorben could not name the investor, but he told the STA that the hotel would have between 50 and 100 rooms catering to the most discerning guests. The investment is valued at several million euros, depending on the services and the rooms' furnishings.

Zoran Veleski of real estate firm Mreža nepremičnin said that a Russian investment fund had decided to bid for an open call to build a hotel and spa centre in Slovenia, the location of which he could not disclose, and a call for applications to build a commercial and residential centre in Ljubljana. The former project is valued at several million euros and the latter at EUR 22m.

If the projects are successfully implemented, Slovenia can look forward to tens of millions of euros in Russian investments.

The deals were agreed as a business delegation featuring representatives of 46 Slovenian companies, which represent another 50 companies, completed their visit to Moscow on Sunday.

Until the end of the week, the delegation will seek business opportunities in Azerbaijan, where interest in cooperation with Slovenian companies is considerable, in particular in infrastructural projects and supply of different types of machinery.

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