"Balkan toilet paper king" entering a new business: He is planning to renovate a hotel in Croatia

The investor said before the pandemic and numerous complications with the local government that the project was worth around 20 million euros

"The Balkan toilet paper king" as they call the Herzegovina entrepreneur Petar Corluka, the owner of the toilet paper and hygiene products factory Violeta, will start reonstruction of the hotel Hrvatska in Croatia.

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Namely, Corluka, with the help of his company Marea Alta, bought this hotel on the Makarska Riviera from the Croatian Ministry of State Property four years ago for slightly more than HRK 46 million (about EUR 6.1 million.)

As Croatia's Slobodna Dalmacija writes, yesterday the said company received a construction permit for the planned project related to the Hrvatska hotel, which the investor, before the pandemic and numerous complications with the local government, said was worth around 20 million euros.

Allegedly, Corluka also bought 30,000 square meters of land in Bilosevac where he has, or had the intention of building, a five-star hotel.

Namely, that project has stalled for seven years due to compliance with spatial planning documents, which the owner of Violeta assessed as unnecessary delays.

Once again, as Slobodna Dalmacija reports, the local government and the Ministry of Spatial Planning got in the way. As the newspaper writes, "such a project cannot be approved because it is not foreseen by the plan at a higher level, the district."

(Telegraf Biznis)