July 18 (SeeNews) - Serbia's Delta Holding said it has completed the construction of the 50 million euro ($57.8 million) InterContinental Hotel in Ljubljana and it is due to begin operations in August.
The holding company provided no details about the hotel in its statement.
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The company recently launched the construction of a 70 million euro shopping mall in Bosnia's Banja Luka, due to open in the autumn of 2018, and plans by the end of the year to initiate new projects in the EU and the region, Delta Holding said in a statement on Monday.
Delta's first-half revenues increased 13% on the year to 30 billion dinars ($287.6 million/249 million euro), with its Delta Agrar and Delta Distribution units generating 50% of the total, it noted.
The remaining companies within Delta Holding are also recording increasing revenues and expanding their product portfolios.
The Crowne Plaza Hotel booked 52,484 night stays in the first half and total revenue of 6.2 million euro, while Delta Motors sold 26% more vehicles than last year.
Delta Transport System recorded 27% higher revenues in comparison to last year, as well as more than 150 new clients. Mioni and FunFit factories rebranded their existing products and welcomed new soda drinks.
In March, Zagreb-based media reported that Delta was negotiating the launch of an InterContinental hotel in Croatia's capital.
($=0.8655 euro)