Spa operator Terme Olimia’s revenue slashed by epidemic

Podčetrtek – Terme Olimia, a state-owned spa operator from Podčetrtek in the east of the country, saw a significant drop in revenue due to the epidemic last year. Net sales revenue dropped by a third to EUR 16.6 million and net profit by 56% to EUR 1.3 million compared to 2019. The number of tourist nights dropped by 26% to almost 267,300. Despite one of the most challenging years for Olimia, the company did well, also thanks to tourist vouchers, CEO Florjan Vasle said in the 2020 report published on…

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