Russians invest in Slovak hotels

FORTON INT, a company with joint Russian and Slovak capital, plans to invest in the Tatras. Its plans include the reconstruction of three hotels in the High and Low Tatras and one spa hotel in eastern Slovakia.

Jozef Ivanič, executive officer of Forton Int, confirmed the information and added that the company wants to reconstruct existing hotels rather than build new ones.

Forton Int opened the first three-star hotel in Stará Lesná last month, which represented an overall investment of Sk60 million. The hotel reached 30 percent occupancy within two weeks, especially due to foreign clientele.

Forton Int was established by four Russian business people in the oil industry and the Slovak firm Beormeol Consulting, the Hospodárske noviny wrote.

Compiled by Marta Ďurianová from press reports
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