Valamar Riviera awards for the seventh time in a row for the Share of the Year
Today, for the seventh time in a row, the Valamar Riviere dd share was declared the Share of the Year according to the public’s choice in the traditional choice of the Zagreb Stock Exchange. “It is a great honor for me to hold this valuable recognition in my hands for the seventh time in a row. Expectations of business results for this year are higher than last year, a year that was also a record for Valamar. Valamar continues to grow – this year we realized the acquisition of Hotel Makarska dd, and made the first step in the internationalization of our business by buying a hotel in Austria. The number of employees also grew to 6.600, we increased salaries by more than 11%, introduced a minimum net income of HRK 5.000, and created 2300 new jobs in the last three years. I believe that we have laid a good foundation for continuing to invest in the growth and development of our business. And I am proud that investors recognize Valamar’s potential and that the seventh award for the Share of the Year is already faithfully following us on the path to realizing our business vision, especially in the year when we marked the 65th anniversary of our business.” he said Marko Čižmek, member of the Management Board of Valamar Riviera when receiving the award.By the way, the Zagreb Stock Exchange award is given with the aim of supporting the best and strengthening the recognition of the capital market and its active participants among the financial and general public.”When we founded the Zagreb Stock Exchange Awards in 2012, we were guided by the desire to continuously identify and reward positive examples in our capital market. Over the years, these awards have become a tradition, which the winners often and gladly point out. This year, Valamar Riviera is a double laureate and since its founding has won a total of 10 awards in several categories, which is a clear message that the entire investment public recognizes and rewards excellence.” concluded Ivana Gažić, President of the Management Board of the Zagreb Stock Exchange.Valamar’s total investments reached HRK 5 billion, of which HRK 4,3 billion was invested in raising the quality of hotels, resorts and camping resorts, and HRK 700 million in acquisitions and expansion.