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

Archeologists call for preservation of ancient structure found in Kediri airport site

first_imgHe said the opening at the bottom was probably a water outlet of an underground water system that supported the hot spring.  “The kingdom of Kediri had a number of underground water systems,” he said. The structure’s proximity to other heritage sites on the slopes of Mount Klotok also indicated it was of the same origin, he said. ”There are four hermitage caves and a temple on Mount Klotok, which are all from the time of the Kediri kingdom,” he said. Nugroho added that construction workers had also recently found ancient clay housewares around a kilometer from the structure Archeologist Dwi Cahyono from state-run Malang University agreed with Nugroho, saying that the structure could be an important Javanese heritage site that needed to be preserved. “The ancient structure could be a special site within the airport that passengers could look at it,” he told the Post. Gudang Garam, through its subsidiary Surya Dhoho Investama, is set to spend around Rp 10 trillion (US$732.4 million) to build the airport, including the acquisition of around 400 hectares of land.The airport, the construction of which is being fully funded by the company, is expected to be bigger than the Abdul Rachman Saleh Airport in Malang and accommodate around 5 million passengers per year.Once completed, it will have a 3,000 meter by 45 m runway that will be able to accommodate a wide range of aircraft, from Boeing B777s to Airbus A350s, as well as a passenger terminal, cargo terminal and parking area.The ancient structure is located just 700 meters from Bedrek hamlet, where some 20 households have yet to agree to the compensation offered by Gudang Garam. “We just want a fair compensation so that we can buy land and build houses with similar proximity and access to public facilities,” said Anis, one of the Bedrek villagers.The airport’s official groundbreaking is scheduled for mid-April. Topics : Archeologists have called for the preservation of an ancient brick structure recently found in Kediri, East Java, in an area set to be developed into a new airport funded by major cigarette producer Gudang Garam. “We have to protect the site where some parts of an ancient structure or building have been discovered,” archeologist Nugroho Harjo Lukito from the East Java Cultural Heritage Preservation Center told The Jakarta Post recently. “We will talk to Gudang Garam because we are going to carry out an initial excavation to determine the size of the ancient structure.”He said Gudang Garam would have to adjust its airport site plan because the cultural heritage site was located within the airport area.  The structure was first reported by Jasmin, 55, a resident of Grogol village, Grogol district, who accidentally discovered the structure a few months ago as he was walking along a riverbank near rice fields that had been acquired by Gudang Garam. He slipped and fell into the river and saw a structure made of bricks measuring around 2 meters high with a small opening at the bottom. “The structure was covered by thick bushes. I forgot the pain in my legs and tried to take a closer look,” Jasmin told the Post, adding that he immediately went to see the village head to tell him about what he had just seen. Nugroho said the structure might be part of a hot spring bath built during the time of the Hindu kingdom of Kediri between 11th and 13th centuries. last_img read more

Indonesia, Colombia ink visa waiver agreement to boost tourism after pandemic

first_imgIndonesia and Colombia have expressed commitment to enhance bilateral ties as the two countries’ representatives inked a visa exemption agreement for regular passport holders in an effort to improve the tourism sector after the coronavirus pandemic.Foreign Minister Retno Marsudi signed the agreement with her Colombian counterpart Claudia Blum de Barberi during their first virtual meeting on Wednesday, which was held to commemorate the 40th anniversary of diplomatic relations between the two countries, which will fall on Sept. 15.“The visa-free agreement signed [on Wednesday] is expected to increase the number of tourists when the COVID-19 pandemic ends,” the Indonesian Foreign Ministry said in a press statement on Thursday. According to the ministry’s data, a total of 6,304 Colombian citizens visited Indonesia last year, an increase of 15.7 percent from 2008.Besides the agreement, Retno and Barberi also signed a memorandum of understanding (MoU) on political consultation between the two countries’ foreign ministers.The signing of the MoU complemented the Joint Commission Session, first held in Colombia’s capital of Bogota in 2013. The ministers agreed on holding a Joint Political Consultation and Commission this year.Read also: Indonesia, Colombia seek increased trade connectivity Both foreign ministers also agreed to increase trade and investment between Indonesia and Colombia as part of cooperation for post-pandemic economic recovery.Colombia was Indonesia’s sixth-largest trading partner and second-largest investment partner in South America last year.The two countries’ trade volume stood at US$152.8 million in 2019, according to the ministry. However, the number was still considered low when compared to other countries in the region.Connectivity has served as a hindrance for the two nations to intensify economic interactions, but the repatriation of about 366 Colombian citizens from at least 19 countries on a special Garuda flight from Jakarta in May — the first direct flight made by an Indonesian airline to Colombia — has boosted optimism for improvement.“I would like to express my gratitude for our cooperation in the repatriation of Colombian citizens from various Asian countries via the humanitarian flight,” Barberi said as quoted in the statement.During the meeting, Retno and Barberi also discussed several efforts to further enhance regional and global cooperation.Indonesia has requested Colombia’s support to become an associate member in the Pacific Alliance and Colombia asked for Indonesia’s support to accede to the ASEAN Treaty of Amity and Cooperation (TAC) and establish a closer cooperative relationship with the 10-member Southeast Asian grouping, the ministry said.Topics :last_img read more

Ryan Giggs slams Jesse Lingard after Manchester United’s defeat to Arsenal

first_imgRyan Giggs slams Jesse Lingard after Manchester United’s defeat to Arsenal Advertisement Giggs was unimpressed by Lingard’s performance (Picture: Premier League)Lingard failed to score a goal or provide an assist in the Premier League in 2019 and his performance at the Emirates did little to suggest that he’s turned a corner.AdvertisementAdvertisementIn contrast, Mesut Ozil had his finest game in a red shirt for some time and Giggs says the German showed Lingard how to play the no10 position.‘He’s an intelligent player and you see the difference between the two No.10s,’ said Giggs.‘Ozil, even though he has big running stats, when Arsenal had the ball he was actually holding his position. He wasn’t running towards the ball. So he was probably doing most of his running in a defensive aspect.‘Whereas Jesse, when United were on the ball, just kept coming towards the ball and closing the space. Whereas Ozil was patient. And that comes from the coach and looking at the last couple of games, because you have got a talented and intelligent individual’.More: Manchester United FCRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starNew Manchester United signing Facundo Pellistri responds to Edinson Cavani praiseEx-Man Utd coach blasts Ed Woodward for two key transfer errorsArsenal’s win means they’re just four points off Manchester United and back in the race for the top four.There was a marked improvement in the Gunners’ energy levels and Solskjaer praised Arteta’s side afterwards for being the ‘brighter’ of the two teams.MORE: Ian Wright criticises David Luiz for throwing Unai Emery under the bus after Arsenal beat Manchester United Metro Sport ReporterThursday 2 Jan 2020 9:33 amShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link10.5kShares Jesse Lingard continued his poor form against Arsenal (Picture: Getty)Manchester United legend Ryan Giggs accused Jesse Lingard of lacking football ‘intelligence’ after the Red Devils’ 2-0 defeat to Arsenal at the Emirates.Goals from Nicolas Pepe and Sokratis gave Arsenal a deserved win against United, who were well below-par during a disappointing night in north London for Ole Gunnar Solskjaer’s side.United were abysmal during a despondent opening 45 minutes but Solskjaer waited until the hour-mark before making any changes.Daniel James made way for Andreas Pereira, while Mason Greenwood came on for Lingard.ADVERTISEMENT Comment Advertisementlast_img read more

Bulldogs Tennis Results

first_imgThe Batesville Varsity Tennis team defeated Franklin Co. 4-1 on Tuesday while the JV won 3-1.  On Thursday, Batesville defeated Columbus East 4-1 in varsity action while the JV won 5-0.  The varsity will compete in the Columbus North Invitational on Saturday. Courtesy of Bulldogs Coach Mike McKinney.last_img