Who makes up the consortium for taking over Jadran?

The consortium consists of three companies: Aminess Hotels & Resorts from Novigrad, Široki Brijeg-based Feal, and Cavtat-based construction firm Texo Molior.

What is the amount of the planned capital increase?

The required capital increase amount is €50 million, with each consortium member needing to provide just under €17 million.

Where are the properties of the Jadran hotel chain located?

Jadran manages over 1,600 accommodation units along the Crikvenica Riviera and on the islands of Krk and Brač.

When is the final decision on the takeover expected?

The final decision must be made by Jadran's Assembly, which is expected to convene in the days following August 12, 2026.

Tourism

Consortium with Feal a Step Closer to Acquiring Crikvenica's Jadran

T.U. · Prije 1h | 2 min

Three companies are ready for a €50 million capital increase, while the renovation of neglected facilities is estimated at over €100 million.

Summary

A consortium of Aminess, Feal, and Texo Molior has made the shortlist to take over the Jadran hotel chain in Crikvenica.
A €50 million capital increase is planned, with property renovations estimated at over €100 million.
Each consortium member takes a one-third stake and has a clearly defined operational role.
The final decision will be made by Jadran's Assembly, which is expected to convene soon.

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A consortium of three companies, including Široki Brijeg-based Feal, has made the shortlist to take over and recapitalize the Croatian hotel chain "Jadran" from Crikvenica. The news was published on August 12, 2026, by Jutarnji list, citing unnamed sources close to the investors, with the final decision expected to be made by Jadran's Assembly, which is anticipated to be convened in the coming days.

Divided Roles Within the Consortium

Alongside Feal, the consortium includes tourism company Aminess Hotels & Resorts from Novigrad, managed by the fund Auctor of lawyer Oleg Uskoković, and Cavtat-based construction firm Texo Molior. Each of the three members is expected to contribute just under €17 million to collectively fund the required €50 million capital increase. Jutarnji list notes the possibility that the offer may exceed this amount, but the exact figure is not yet known.

Roles within the consortium are clearly divided: Texo Molior would handle construction work, Feal would supply joinery, and Aminess Hotels & Resorts would take over operational management of the tourism business. Each company assumes an equal one-third stake.

What the Capital Increase Brings

The Jadran hotel chain, founded in 1964, currently manages over 1,600 accommodation units in hotels, resorts, and camps along the Crikvenica Riviera and on the islands of Krk and Brač. The renovation of neglected facilities is estimated at over €100 million.

The capital increase would make Jadran creditworthy, and the current majority owners, pension funds, are expected to retain a minority stake. This move is seen as an effort to ensure business stability and prevent any potential asset sell-off.

The pre-selection process itself was not straightforward, as all submitted bids were conditional. Pre-selection is the stage where an investor deemed the best is chosen from a shortlist, but the final say must come from Jadran's Assembly.