Business

Adriatic Croatia International Club Invests €3.2m in Marinas in Q1 2022

By 22 April 2022
Adriatic Croatia International Club Invests €3.2m in Marinas in Q1 2022
Image:Pixabay

ZAGREB, 22 April (2022) - Adriatic Croatia International (ACI) invested over HRK 24 million in strategic and infrastructure projects in its marinas at Dubrovnik, Trogir, Rab, Milna, Žut and Piškera in the first quarter of 2022, the marina chain operator said on Friday.

The company said its focus in the first quarter of the year was on expanding the marina portfolio and developing further services.

In this period, ACI generated HRK 35 million in operating revenue, which was HRK 2 million more than in the first quarter of 2021. EBITDA was HRK 10.7 million, up from 9.4 million in Q1 2021, while net loss for the period was HRK 5.66 million, which was 1.75 million less than at the same time last year.

ACI said it had invested HRK 44 million in strategic projects last year.

(€1 = HRK 7.5)

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