Although LRH is on sale, it is still uncertain who the new buyer will be. At the moment, the only thing that is certain is that it will not be Singapore Investment Fund because the company, for technical reasons, cannot provide them with a five-star lift. What deters potential buyers from the company is allegedly the price, but also the idea of separating non-functional assets into a separate company, and selling only the core business of the company, which is not in the interest of the local community. When the company will be sold, to whom and at what price, remains to be seen. Although the total revenues of LRH of HRK 322,7 million for 2018 are at the level of the previous one, total expenditures increased by almost 12 percent, to HRK 339,4 million. Expenditures for employees had the largest impact, rising by HRK 33,7 million. Among the figures is that the loss of LRH amounted to as much as 16,7 million kuna, but it is an interesting fact that now the former President of the Management Board Igor Šehanović was paid a bonus of 14,1 million kuna. ( ZSE report ) Source: ZSE / Novi List – Photo: Remisens Hotels & Villas / Facebook In June last year, the Supervisory Board of the Republic of Croatia approved the termination of the contract of the President of the Management Board Igor Šehanović, which agreed on the payment of bonuses of HRK 14,1 million, while the total gross amount is slightly more than HRK 28 million. Last week, the Zagreb Stock Exchange (ZSE) published a report on the financial condition of Liburnija Riviera Hotel for 2018. Mayor of Opatija Ivo Dujmić, for Novi List stated that this business result greatly damages the image of the Opatija Riviera. “And that is why I think that such moves must not damage the image of the destination. Given that LRH is the most economically important hotel group in Liburnia, the City, through the company Nova Liburnija, warned in an open letter that this payment could result in such a negative business result. But now the situation is as it is and I believe that the current and future owner and management will no longer make such decisions, or that the business will go in the direction of destination development. In previous periods, it was not a practice to pay a dividend, but it was reinvested in raising the quality of facilities, and I hope that a new investor will come on this path who will further invest in the development and raising the value of the company and the destination itself.”, Commented Dujmić. SINGAPORE INVESTMENT FUND WANTS TO BUY LIBURNIA RIVIERA HOTELS RELATED NEWS:
NHL trade rumors: Sabres have contacted Rangers about Jimmy Vesey Hearing that the Oilers asked Carolina about the rights to pending UFA goalie Petr Mrazek but for now the Hurricanes are still trying to sign and keep him… but the clock is ticking— Pierre LeBrun (@PierreVLeBrun) June 20, 2019Mikko Koskinen recently signed a three-year deal with Edmonton last year, but he was inconsistent in goal and the team would clearly like to supplement him at the position.Edmonton traded its other goalie, Cam Talbot, to the Flyers during the season. He started the year in goal for the Oilers but lost playing time when the team hired Ken Hitchcock as its interim coach. Related News NHL trade rumors: Maple Leafs listening to offers for Nazem Kadri, Kasperi Kapanen The Oilers are in search of a goalie in the trade market, but it’s unclear if the one they are looking at will become available.Edmonton has been in contact with the Hurricanes regarding pending unrestricted free agent Petr Mrazek, according to TSN. The team has until June 23 before Mrazek can start meeting with other teams, so the clock is ticking for Carolina to get a deal done.They could also trade his rights to the Oilers and they could try to work out a deal with him in the next few days.Free agents can officially sign with any team July 1. However, while the Oilers are looking at Mrazek, according to TSN, the Hurricanes are doing all they can to re-sign the goalie.
Cheshire’s Cath Rawthore has marked her first season of senior golf by playing her way into the England side for the European senior ladies’ team championship at Bled, Slovenia, from 3-7 September. Cath (image © Leaderboard Photography) is the only new cap in the team and will join established internationals Caroline Berry, Sue Dye, Amanda Mayne, Janet Melville and Chris Quinn. The reserve is Karen Lobb from Northamptonshire County. The team will be captained for the first time by Pat West of Spalding, Lincolnshire. Rebecca Wood, the women’s Performance Manager for England Golf, commented: “We are delighted that Pat has agreed to captain this team. She is a very experienced player and a great supporter of senior golf. She will be a huge asset.” Pat’s aim will be to guide the experienced team to an elusive gold medal. This championship was started in 2006 and England has competed every year, apart from 2011, winning three silver medals and one bronze. Chris Quinn has played in each of those teams and this will be her seventh appearance in this event. Sue Dye will be playing for the sixth time, Janet Melville for the fifth and Caroline Berry for the third. The players: Caroline Berry (Bromborough, Cheshire) is a past winner of the English senior amateur and of the English women’s stroke play championships. Most recently she was third in this year’s senior stroke play, signing off with a final round of three-under par 69. Sue Dye (Delamere Forest, Cheshire) won the English senior stroke play title for the second time in June. She has also twice been the English senior amateur champion and runner-up in the British. Amanda Mayne (Saltford, Somerset) is a past Somerset champion and the current county senior champion. She made her senior debut last year and, with a series of good results, played her way into England’s 2012 Home Internationals team. Janet Melville (Sherwood Forest, Nottinghamshire) is the English senior amateur champion and has twice won the senior stroke play title. Her personal roll of honour includes three British ladies’ championships: the open, the stroke play and the match play. Chris Quinn (Hockley, Hampshire) has won six English senior titles and one British senior championship. This year she was runner-up in both the English amateur and stroke play championships. Cath Rawthore (Sale, Cheshire) is a Cheshire county player who is playing her first season of senior golf. She reached the semi-finals of the English senior amateur and was 12th in the senior stroke play, earning herself fourth spot in the senior order of merit and her place in the team for the Europeans. For the first time this year the team has been selected using the new senior order of merit. The top six players after the two English senior women’s championships have qualified for the European team. The England team for the Senior Home Internationals, which take place in October, will be the top seven players on the order of merit after the British senior championship at Royal Portrush in September. 5 Aug 2013 New cap joins senior ladies’ European team