Helios Faros comes out of bankruptcy: Valamar and PBZ Croatia osiguranje are investing HRK 650 million in reconstruction

first_imgHelios Faros dd has been the holder of the Starigrad tourist offer for several decades, and has been in bankruptcy since February 2016. It has the capacity of category 2 * -3 *, which includes 1,465 beds in the tourist facilities of the hotel Arkada 2 * and Lavender 3 *, apartments 2 * and camp Jurjevac. Helios Faros came out of bankruptcy, the Zagreb Stock Exchange, and the conclusion of the bankruptcy Valamar Riviera acquires full membership rights as a holder of 2.280.000 shares over the company HELIOS FAROS from Hvar. Through the partnership of PBZ CO and Valamar, which will manage the hotel and tourist facilities and facilities of HELIOSFAROS, a new phase of tourism development will begin in the Old Town on the island of Hvar. As previously announced, PBZ Croatia osiguranje dd and Valamar Riviera dd have proposed a five-year investment plan in tourist property in the amount of HRK 650 million. Through the complete renovation and construction of two high-category resorts with a capacity of about 700 accommodation units, the portfolio of Helios Farosa dd will be repositioned according to the premium offer, which will give the destination Stari Grad its attractiveness and recognizability. According to this plan, Helios Faros would employ about 500 staff after the renovation of the Arkada and Lavender hotelscenter_img Following the subscription of the share capital increase, Valamar now owns 23,61% of Helios Faros shares, and PBZ Croatia osiguranje 70,83%, while the share capital of Helios Faros has increased from today’s HRK 5,36 million to HRK 96,56 million.  All bankruptcy creditors have been settled in the procedure, so the preconditions for concluding bankruptcy proceedings against HELIOS FAROS have been met, reads the decision of the Commercial Court in Split.last_img read more

The power of the preposition

first_img Share 22 Views   no discussions Tweet LocalNews The power of the preposition by: – March 19, 2012 Sharing is caring!center_img Share Many years ago, while I was studying theology in Rome, I remember a discussion I had with a friend on some aspect of St. Paul’s theology. I don’t remember exactly what we were talking about, but what has always remained with me was my friend’s observation at one point that the whole of St. Paul’s theology was summarized by the phrase “in Christ.”In fact St. Paul uses the phrase “in Jesus” only once, in a key passage, where the difference with “in Christ” is very clear. Giving the Ephesians some correction, he writes: “That…is not the way of life you learned when you heard about Christ and were taught in him in accordance with the truth that is in Jesus (Eph. 4:20-21). The truth “in Jesus” refers to the truth about Jesus, the historical person, who lived at a certain time and in a certain place. The truthyou were taught “In Christ,” on the other hand, refers to truth drawn a spiritual relationship to a person no longer limited in that way, an interior truth drawn from the risen Lord, everliving and everywhere present.Now, scholars, I have read, say the same about St. John use of the preposition, and one sees it from the outset of the Gospel in the famous sentence in the first chapter. “Yes, God so loved the worldthat he gave his only Son,so that everyone who believes in him may not be lostbut may have eternal life.”What is it to believe “in him”? We may contrast the use of “in” here with more standard uses. First, in as location: you are sitting in the pews and looking at me. Or we are all in Church. Next, in as negativing adjectives, e.g., incapable, incurable, inattentive. Or as an adverb: She mixed in the spices with the flour. Another good example, which comes closer to the meaning here is the very familiar phrase “in love.” There’s a difference, as everyone knows, between “I love” and “I am in love.” If a husband were to tell his wife, for example, ‘I love you, but I’m not in love with you,’ she would get the difference immediately; she would know that something has been withdrawn or gone elsewhere. The difference would turn on the issue of intimacy and belonging.Similarly, the difference between I believe you and I believe in you. ‘I believe you’ would apply to situationswhere I have no reason to doubt that you are not telling me the truth.‘I believe in you,’ on the other hand,would mean since it is you and not somebody else who’s telling me the truth, I believe it. The difference would turn on thelevel of trust and reliance.To believe in the Lord similarly means more than believing that he exists.‘Believe in’ intensifies belief. It adds a special connection and special trust.The story is told — it is a story, I think –of Houdini, the magician, and his high-wire walk across Niagara Falls. Houdini asks the audience watching from below whether or not he could walk across the falls on the high wire high above it. The crowd shouts back, “Yes, you can.” Houdini then loads a wheel barrow onto the high wire and asks the crowd again: “Do you believe that I can take that wheel barrow across?” “Yes,” they shout. “You can do it.” Next Houdini fills the wheel barrow with a sack of sand, weighing a hundred and fifty pounds. “Can I take the wheel barrow with the 150 pounds of sand across the high wire?” The crowd shouts louder still, “Yes, you can.” Then Houdini pauses and quietly asks for a volunteer to get into the wheel barrow and he will take them across on the high wire. No one volunteers. No, no, no. No one wanted to do that. It’sone thing to believe that Houdini could move 150 pounds across the wire, but quite another thing to put your life in his hands, to get into the wheelbarrow and have him take you across the falls. You would have to really believe in him, to do that.That’s what belief in Christ means. It means to get into his wheelbarrow, and trust that he will take you across to wherever you need to go, and it is to do so without hesitation.Most of us may experience a little hesitation in our hearts when the matter is put that way. We would like to trust like that, but we do not know whether we will or not in extremity. Our prayer of faith should from time to time include a desire for more faith, and a prayer for mercy on the faith that we have.Meanwhile, the whole purpose of the gospel of John is to encourage and persuade us to believe in Christand toentrust ourselvesto him. We are to put our lives in his care and in his direction, our futures, our past, our present, our families, and our children. To believe in him is to put all of it into his hands. By: Henry Charles PhD Sharelast_img read more