Tatras revival project
TMR (TATRY MOUNTAIN RESORTS, a.s.) started to act on Slovak market. Company owns and operates well known resort Jasna Nizke Tatry and a number of hotels in this locality. “Our strategic aim is to operate the most distinguished mountain ski resorts, hotels and realize development and real estate projects in Vysoke and Nizke Tatry. Common operation will form synergetic effect, better effectivity and base for target investment“, announced Bohus Hlavaty, chief of board of directors, TMR. The purpose is to address the domestic and foreign investors.
In the process beginning at the end of June 2009 Jasna Nizke Tatry, a.s. shareholders have decided about increasing the capital to 250 mil € and rebranding the company to TATRY MOUNTAIN RESORTS, a.s. Consequently in cooperation with J&T Bank the admission of new share emission at Bratislava stock exchange has been realized. Bank is also participating on transaction structuring same as on prospect issuer realization.
J&T Bank and companies close to J&T (cumulatively it is 20% shares) as Postova banka, PPF, Perspektiva, same as private persons from owners' and clients' J&T surrounding are belonging between shareholders. Nobody has majority stock share. Main strategic routing and shareholders disintegration, same as own main TMR assets insure stable company routing with the emphasis on the concentration and operation of most important assets in area of Nizke and Vysoke Tatry. Tatry Monutnain Resorts, a.s. is the biggest subject in the tourism area in Slovakia, which owns and operates attractive ski resorts and hotels in area of Low and High Tatras. This includes resorts Jasna Nizke Tatry and hotels Wellness hotel Grand Jasna, Tri studnicky and Chalets Zahradky De Luxe, in Vysoke Tatry TMR owns and operates resorts Tatranska Lomnica, Stary Smokovec and Liptovska Teplicka and hotels Grandhotel Praha Tatranska Lomnica and Grandhotel Stary Smokovec and hotel FIS Strbske Pleso. TMR also owns and rents hotels Srdiecko, Liptov and Ski&Fun Zahradky and Bungalows. In addition, the company closely cooperates with mountain resort Strbske Pleso. There were invested until the end of the year 2011 in already mentioned resorts more than 100 million Euros and more 56 million has to contribute by increasing the standard and visit rate of our mountains in the coming years. The last acquisition of TMR is Aquapark Tatralandia, the largest Slovak thermal aquapark, which offers besides the water entertainment also entertainment in Wild West style in Western City, same as accommodation in bungalows and apartments in Holiday Village Tatralandia.
“We have taken the initiative to launch TMR, because we have noticed tourism status in the region, which has been suffering for years due to fewer investments. New investments will significantly increase the visit rate of the resort, improve their profitability and ensure the return of invested funds” Hlavaty said.
Company TMR has currently at its disposal financial resources for investments that were acquired by the increase of registered capital by the non-monetary deposit that was decided by the general meeting of TMR in June 2009. These resources are intended for the realisation of investment strategy that is based on the big potential of growth. Issuer does not acquire resources from the new shareholders by the sale of shares of TMR but it is aimed just to reorganise the structure of shareholders to increase the proportion of small shareholders. The structure of shareholders with the increased proportion of the so called „retail“ shareholders is common in the companies such as TMR is.
The aim is to fulfill the market gap beside non existing “domestic” opportunity investment in tourism domain.
TATRY MOUNTAIN RESORTS, a.s. has been launched with the aim to build strong, against market oscillations resistant, interesting for investments and open company traded on stock exchange.
More information about the up-running investments here: