The European Bank for Reconstruction and Development (EBRD) is extending a €15 million loan to the owner of Terme Čatež, the largest natural thermal destination in Slovenia. This support aims to help the resort modernise its facilities, strengthen its sustainability measures and move towards a more energy-efficient, environmentally responsible tourism model. Terme Čatež has long been known as a popular family-friendly and affordable leisure complex, and the investment will help it grow into a stronger year-round attraction.
The loan will fund a broad capital improvement programme designed to upgrade essential infrastructure and improve overall operational performance. A major part of the investment will go into the refurbishment of hotel facilities, ensuring that guests experience a more comfortable and contemporary stay. In addition, the programme will modernise the resort’s water treatment systems, wastewater management and other key utilities. By introducing targeted energy efficiency enhancements, the resort will be able to reduce operational costs, lower environmental impact and increase its long-term resilience.
The EBRD’s involvement also aligns with its wider goal of promoting tourism that is sustainable, inclusive and well-integrated within the region. By supporting improvements that make the destination more appealing for local and regional travellers, the project encourages a shift towards lower-carbon tourism. Reducing dependence on long-haul travel is an important part of this transition, as it contributes to lower emissions while strengthening domestic tourism markets.
One of the core environmental aspects of the plan is the improvement of on-site water management systems. The upgrades will include modern groundwater pumping infrastructure and enhanced wastewater treatment facilities. These improvements will help Terme Čatež manage water resources more efficiently, reduce waste and increase its ability to cope with climate-related pressures. Strengthening these systems is essential for the long-term sustainability of a thermal resort that relies heavily on water as a natural resource.
Apart from infrastructure development, the project places strong emphasis on workforce growth and skill enhancement. With the support of the EBRD, Terme Čatež will launch specialised training programmes aimed at improving employee skills and service quality. These programmes will be developed in cooperation with local educational and training institutions, ensuring that workers gain relevant knowledge and long-term career development opportunities. The emphasis on professional growth also supports equal opportunity and contributes to the overall improvement of service standards across the tourism sector.
In discussing this new partnership, Vlaho Kojakovic, Director of Real Estate at the EBRD, noted that the Bank is pleased to collaborate with such a prominent and respected thermal destination. He highlighted that this marks the Bank’s first tourism investment in Slovenia and its first inland tourism project within the Adriatic region. According to him, this step reflects the EBRD’s confidence in Slovenia’s potential to expand and improve its tourism offerings in a sustainable manner.
Since beginning operations in Slovenia, the EBRD has invested more than €1.6 billion in 116 projects across a variety of sectors. By working closely with both public and private partners, the Bank continues to support the country’s progress toward a more resilient, environmentally sustainable and inclusive economy.
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