Profits Rose 42% at Laško Spa Resort in 2018

By , 19 Feb 2019, 12:00 PM Business
Profits Rose 42% at Laško Spa Resort in 2018 www.thermana.si

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STA, 18 February 2019 - Thermana Laško, the company operating the spa resort in Laško in east central Slovenia, saw its revenue rise by 6% to EUR 22.6m last year, while profit increased by 42% to EUR 1.7m.

According to a press release from the company, the number of nights spent at the resort rose to 187,200 last year from a little below 180,000 the year before.

The nights spent by Slovenian guests were up by 3% and those by foreign visitors by 6%.

The resort's pools attracted more than 210,000 visitors and 27,000 wellness services were sold.

"The company has been complying with the terms set down in the financial restructuring plan by 2023, which it committed to after a successful compulsory settlement," the release reads.

In the 2014 settlement the shareholders lost everything and Thermana passed to the Bank Assets Management Company. The former shareholders are challenging the process.

Thermana, which employed around 480 people last year, is expected to complete this year the first phase of refurbishment of the Laško Spa into a modern health rehabilitation centre.

The company has also opened a EUR 35,000 "nursing oasis" for people in the final stages of dementia at the local retirement home.

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