ZAGREB, October 23, 2019 - In the first nine months of 2019, the Croatian ACI chain of marinas earned a net profit of 33.7 million kuna, 5.7 million or 14.6% less than in the same period of 2018, shows the company's financial report.

Most of the profit, in the amount of 32.5 million kuna, was generated in July, August and September, during the peak tourist season. Compared to the same period of last year, this was a drop of 5.7 million kuna or 14.9%.

The marina operator's revenues in the first nine months totalled 186.4 million kuna, 8.2 million kuna or 5% more year-on-year.

Total expenses, in the amount of 145.3 million kuna, were 15.2 million or 12% higher, with operating expenses increasing by 15.9 million kuna while financial expenses decreased by 700,000 kuna.

The increase in operating expenses was due to the results generated by the Rovinj marina, which was opened in April and recorded negative results, primarily due to depreciation costs amounting to 6.9 million kuna.

On 30 September there were 3,392 vessels moored in ACI marinas on an annual basis, one percent less than in the same period of last year.

The completion of a general renovation of the ACI marina Rovinj was one of the company's more significant investments, costing more than 150 million kuna.

More sailing news can be found in the Travel section.

ZAGREB, August 27, 2019 - The Marina Punat Group, which includes a marina, a hotel and a shipyard, plans to invest 160 million kuna in renovation and nautical competitiveness by 2025, reporters were told in Punat on Krk island on Monday.

Minister Gari Cappelli, present at the press conference, highlighted Croatia's nautical tourism and underlined the importance of investing in quality product.

Croatia has 72 marinas with 17,500 berths in total as well as 20,000 dry berths, he said, adding that 480,000 arrivals and 3.1 million nights were expected in chartering this year.

About 54,000 boats have docked in Croatia this year and average spending per person is 126 euro in nautical tourism and 186 euro in boat chartering, the minister said.

Cappelli said nautical and health tourism would be important segments of the tourism development strategy in the future as they resulted in higher spending and demand. "Such guests want high quality, and quality and sustainable development will make our tourism competitive also in the future."

He said accommodation facilities which had invested in quality were fuller this year than others, adding that Croatia did not want to lower prices but offer quality product for them.

The Punat marina is the oldest marina in Croatia and the largest in the northern Adriatic with 1,450 berths on 14 piers for boats up to 40 m in length.

More news about sailing in Croatia can be found in the Lifestyle section.

ZAGREB, August 1, 2018 - Croatia's nautical tourism company Adriatic Croatia International Club (ACI) posted a 12% annual increase in revenues in the first half of 2018, which totalled 93.04 million kuna, while expenditures decreased by 1% to 83 million kuna, making the gross profit 9.99 million kuna, as against a loss of 895,000 kuna in H1 2017, according to a financial statement released on Tuesday.

Marina Punat on the Island of Krk offers a unique holidaying option.