Šibenik attracted more than 50 million kuna from the EU for the revitalization of fortresses

first_imgAt the 41st session of the World Heritage Committee in July this year, which took place in Krakow, Zadar and Šibenik were included in the UNESCO World Heritage List. UNESCO protection was given to the Venetian ramparts of Zadar and the Šibenik fortress of St. Nicholas.Thus, Šibenik became the first city in Croatia with two cultural monuments on the UNESCO list, which certainly additionally means the wind behind the development of cultural tourism in Šibenik. At the same time, it provides access to funds for much-needed renovation and protection of the facility itself and the entire access zone. The fortress would preserve its original shape and become a central attraction and gathering place within the area of ​​the significant landscape of the Canal Harbor in Šibenik. Together with the arrangement of the promenade, the beach and the future visitor center in the former Minerska barracks, the UNESCO stamp will be the crown of the project of the Tourist valorization of the Channel of St. Ante in Šibenik, which started in 2010. Šibenik-Knin County for the tourist valorization of the fortress of St. Nikola in Šibenik and the protection of traditional architecture, within the Operational Program ‘Competitiveness and Cohesion’ of the Ministry of Regional Development and EU funds, 4,3 million kuna was approved.Thus, the Šibenik-Knin County has so far attracted more than 50 million kuna of EU money just for the revitalization of fortresses, reports Business diary.Sv. Nikola is now bringing in another 2,05 million kuna for the revitalization, and 2,3 million kuna has been allocated for the protection and presentation of the local autochthonous architecture, the dry stone wall. “Šibenik is extremely proud of all its four fortresses”, Commented for Poslovni dnevnik from the office of Mayor Željko Burić, reminding that so far Sv. Mihovil and Barone have become cultural and tourist attractions that attract many visitors from all over the world. “The history of the city is woven into them, and our intention is to restore and protect them, make them functional and show the world the wealth we have”, They say from the office.Šibenik Fortress of St. Nicholas on the UNESCO World Heritage List last_img read more

Private equity, real estate boost Q2 returns at Finland’s Ilmarinen

first_img“Regional yield differences between the stock markets were unusually large,” he added. “The stock indices of the United States and emerging economies ended up in clearly positive territory.“Meanwhile, the European market, weighed down by growth and Brexit-related concerns, closed H1 clearly in the red.”Mursula said he was convinced equity market volatility would continue to the end of the year, due to continued geopolitical uncertainty and the “rough estimates and guesses” as to the impact of the UK’s decision to leave the European Union.“Both phenomena increase the markets’ uneasiness and are certainly not going to raise any hopes of a recovery in economic growth,” he said.However, away from equity markets, Ilmarinen’s sizeable fixed income portfolio – accounting for nearly 45% of assets – returned 0.3%, within which loans returned 1.9%, and bonds issued by public corporations 2.7%.Real estate, 11.3% of assets, returned 1.7%, while the mutual’s portfolio of ‘other’ investments – including hedge fund holdings and commodities – returned 10.6%.Despite the lower overall returns for the first six months of 2016, Ilmarinen still reported an average return of 4.3% over the course of the last decade, translating to a 2.6% real return averaged over the last 10 years. Finland’s Ilmarinen has closed out the first half of the year with investment losses, albeit with returns from the three months to June mitigating losses of 1.4% from the first quarter.Ending June with €35.7bn in assets, the pensions mutual said its holdings returned 0.8% over the second quarter, resulting in first-half results of -0.6%.While its equity portfolio overall generated losses of 3.6%, owing to the 5.8% loss on its listed equity holdings, Ilmarinen’s private equity portfolio produced a stronger performance, returning 5.5%.Mikko Mursula, the mutual’s CIO, noted equity markets had continued to be volatile throughout the first six months of the year.last_img read more

Luis Enrique officially named manager of Barcelona

first_imgBarcelona have officially unveiled Luis Enrique as their new first-team manager, taking the position vacated by Gerardo Martino on Saturday.    The former Celta Vigo boss joins on a two-year deal, as was confirmed by the official Barcelona Twitter account on Monday evening:The 44-year-old shares a close bond with the Catalan club, having first joined as a player in 1996 before retiring in 2004, scoring 109 goals in 300 appearances for La Blaugrana.Enrique would then go on to become a part of the club’s reserve setup, managing Barcelona “B” from 2008 to 2011.As David Jaca of the Mirror and the BBC’s Matt Slater point out, physical conditioning and fitness is expected to be a big focus of Enrique’s plan, such is his style of management:last_img read more