Slovenian hotel Pokljuka starts bankruptcy proceedings - media

The district court in northern Kranj has already appointed  an insolvency administrator, daily Finace said.

The 106-bed hotel on the Pokljuka plateau in the Julian Alps, has operated at a loss for many years. In 2013 the loss amounted to nearly half a million euro and the year before to almost 2 million euro ($2.4million).

Late last year, the company had 890,000 euro long-term and 314,000  euro short-term liabilities towards banks.

The company Sport Hotel Pokljuka is 74% controlled by state-owned company TNP, which is engaged in the development of the Triglav National Park, and the municipalities of Bled, Kranjska Gora, Bovec, Kobarid, Jesenice, Bohinj and Tolmin.

($=0.8211 euro)