Sector Projects

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Sector Projects TOURISM SECTOR PROJECTS www.sarajevobusinessforum.com TOURISM PROJECT PROFILE – UL group Tourist Medical Spa and Recreational Center Project Title T-301/2014 Sector of Industry Tourism Location Ulcinj, Montenegro The objective of the project is to build a tourist medical spa Objective of the project and recreational center with a capacity of 500 beds, which is TOURIST MEDICAL SPA expected to bring a yearly income of minimum 6 million euros. AND RECREATIONAL CENTER Key characteristics and advantages of the project - Ulcinj is a touristic town with an already developed tourism industry, and with qualified professionals. - Ulcinj has many natural curative factors, such as sand, liquid salt, soft mud, olive oil, natural sources ULCINJ, MONTENEGRO of sulfur, etc. - The location of the land is between the Adriatic sea, Buna river, and Shas lake. The financial aspect of investment - project: Return on investment(ROI), Net Present Value, etc. The value of the land where the medical spa center is planned to be built is 1.5 million euros. • Expected investment from investors 50-60 million euros. Budget of expected investment – total investment • This amount will go entirely for the building of the facility, as the land is already owned by our business partners. • However, there is another option, which is for investors to also purchase the land. Expected mode of cooperation with potential investor We are primarily interested in joint venture, but also in selling the land. • UL group • This group has acquired the land where the medical Company information spa center is planned to be built. • It is located in Ulcinj, Montenegro. Company size This group has 6 shareholders. Structure of sales ( year 2012 and 2013) • There were no sales up to now as this group is only the owner of the land. Market position Not applicable Financial data • Not applicable Historical overview of the most important characteristics Not applicable List of products Not applicable • Xhaudet Cakuli Contact Information • Phone: +38267300592, +38230401300 • E-mail: [email protected], [email protected] Other information There is a conceptual solution already been made for this project. TOURISM PROJECT PROFILE – Primus Electronics Project Title Ecotourism Complex Sector of Industry Tourism, energy Location Ulcinj, Montenegro /2014 We expect to build an ecotourism complex which will T-302 contribute to the further development of tourism in the Objective of the project municipality of Ulcinj, by bringing a new and fresh approach to it, which has not been applied before. ECOTOURISM COMPLEX • The land is located near the Montenegrin-Albanian Key characteristics and advantages of the project border, 20 km from the City of Ulcinj in Montenegro and 22 km from the City of Shkoder in Albania. • It is located near the medieval town of Shas. ULCINJ, MONTENEGRO • It has a fantastic view of the Lake of Shas. • The Lake of Shkoder, the Adriatic Sea, and the River Buna are also within a 15 minute driving distance. The financial aspect of investment - project: Return on investment(ROI), Net Present Value, etc. The present value of the land where we plan to build the ecotourism complex is 250,000 euros. • We expect an investment of 5 million euros for building the ecotourism complex. Budget of expected investment – total investment Expected mode of cooperation with potential investor We are offering acquisition of the land or joint venture in building the complex. • Primus Electronics. Brief description of business: mainly import/export and distribution of household Company information appliances and air conditioners; construction. Established in 1990. Location: Boulevard Gjergj Kastrioti Skenderbeu pn, Ulcinj, Montenegro. Management of the company: Xhaudet Cakuli, administrator, Diana Cakuli, executive director. Capital structure: private. This is one of the first private companies in Montenegro, highly experienced in business. Company size SME • Total sales in €:600,000 in 2012, 650,000 in 2013. Structure of sales ( year 2012 and 2013) • Structure of sales : local. Market position Key player • 650,000 euros revenues in 2013, 600,000 euros Financial data revenues in 2012. • Fixed assets: 9,300,000 euros. • Total liabilities and loans: 4,500,000 euros. Historical overview of the most important characteristics One of the first private companies in Montenegro, established in 1990; Best company in Montenegro for the year 2005; Had stores and offices in Montenegro, Albania, Kosovo. List of products Household appliances and air conditioners. • Xhaudet Cakuli, administrator • Phone: +38267300592, +38230401300 • E-mail: [email protected], [email protected] Contact Information Other information We are the owners of the land where we plan to build the ecotourism complex. TOURISM PROJECT PROFILE – SARAJEVO-INSURANCE (SARAJEVO-OSIGURANJE) Project Title APART HOTEL „BORIK“ – IGMAN Sector of Industry Tourism Location B&H – Sarajevo area - mountain Igman - Veliko Polje Objective of the project Revival of Apart hotel “ Borik “ on mountain Igman /2014 - Location - Attractive hotel is located at 1300 m height above sea level and it is the T-303 only Key characteristics and advantages of facility of this type in the Igman - 20 km from Sarajevo and 15 km from Sarajevo the project International Airport - The potential for the development of sports and recreation, spa and health tourism because of clean air and unspoiled nature, built ski resort used during the 14th APART HOTEL Winter Olympic Games 1984. - The communication infrastructure and well linked to the nearby Olympic mountain Bjelasnica “BORIK” – IGMAN - The hotel has 61 rooms, offices, central heating system provided, there is a restaurant, coffee bar, fitness center, parking ... building total net area of ​​4.061,2 m2, and SARAJEVO, BOSNIA AND HERZEGOVINA parcel total area is 7.609 m2 (including buildings gross ground floor area) The financial aspect of investment - project: Return on investment(ROI), Net Contained within the Feasibility Study Present Value, etc. Budget of expected investment – total Price 10.500.000 KM (5.368.564,70 €) investment Price of the current infrastructure 8.500.000,00 KM (4.345.980,90 €) Investment in the project launch 2.000.000,00 KM (1.022.583,00 €) Expected mode of cooperation with Option of joint venture potential investor • Name : SARAJEVO - INSURANCE D. D. • Activity : Insurance of property and persons Company information • Year of establishment: 1945 • Address : Čobanija 14 , 71000 Sarajevo, Bosnia and Herzegovina • Director : Midhat Terzic • The capital structure: private equity 54,52% and state capital 45.48 % • Number of employees : 467 • The advantages and opportunities that the company has in comparison with other companies in the same business: leading position in the market , domestic company with the strongest human resource capital and high growth potential Company size Corporate Structure of sales ( year 2012 and • Total sales : € 33.1 million ( 2013 ) 2013) € 32.9 million (2012 ) • Sales structure : domestic market Market position Market leader (24 insurance companies in B&H ) Annual sales: € 29.6 million ( 2013 ) € 29.34 million (2012 ) Gross profit : € 0.66 million ( 2013 ) € 0.76 million (2012 ) Financial data Historical overview of the most - A leader in the insurance market in BiH since the establishment important characteristics - A broad portfolio of insurance services - Clients are largest companies in Bosnia and Herzegovina : Elektroprivreda BH, BH Telecom, International airport Sarajevo… List of products Property and personal insurance (life insurance , voluntary health insurance , car insurance , property insurance , financial insurance .... ) • Samir Halilovic • Phone: 033 223 905 Contact Information • Fax:033 223 835 • E - mail: [email protected] • Website Company: www.sarajevoosiguranje.ba Other information Available feasibility study TOURISM PROJECT PROFILE – FOUNDATION Pro BITRA - TRR Project Title Tourist recreational resort – TRR Sector of Industry Tourism, possibilities for niche Agriculture, Energy and other industries… Village Ledici, Trnovo municipality, Kanton Sarajevo 43o40’31,80” N 18o20’08,24” /2014 Location E – altitude above sea level 940 m T-304 Primary: building of HALAL oriented tourist resort, Secondary: expansion into water bottling, medicinal herbs and noble types of mushrooms collection and packing, honey production, Wind energy production Objective of the project capabilities, etc…. TOURIST RECREATIONAL Key characteristics and advantages of the Educated personal on disposal, location could be low cost substitution for Swiss project alps, Halal friendly, 365 mountain water springs in wider location, rich in ozone… The financial aspect of investment - REsort project: Return on investment(ROI), Net Present ROI = 18%, IRR for period of 6 years 2%, NPV with discount rate of 7% for Value, etc. period of 9 years 322.881,88 EUR – for initial project SARAJEVO, BOSNIA AND HERZEGOVINA • Own funds- 1.000.000 EUR Budget of expected investment – total • Reconstruction of 20 lodges, building of hotel, accompanying facilities, investment equipment procurement – from 2.000.000 EUR to 6,500.000 EUR Expected mode of cooperation with potential Cooperation in form of Plc, LLC, long timeframe concession, credit with payback investor period of 10 years or something else ? • Foundation for protection of Bjelasnica, Igman, Treskavica, Visocica and canyon of Rakitnica • Founded in 2001, • Location headquarters : Soukbunar 64, Sarajevo, Bosnia and Herzegovina, mobile 061
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