EximBank: Our partnership with Solarex illustrates capacity of supporting large investments projects

Satu Mare, May 23, 2013 – Solarex Satu Mare launched today one of the biggest Romanian touristic and wellness services investments projects – AquaStar – worth 48 Mln Ron, financed both from non-reimbursable European funds – 25 Mln Ron and by the company’s own resources offered by EximBank.

”We consider our partnership with Solarex as a relevant sample of the position EximBank holds in relation with Romanian entrepreneurs and for the role the bank has in supporting medium and long term investment projects. We have developed a long term relationship with this client, we have met the demands of the procedures for receiving European funds and now we are here, opening on of the biggest wellness projects in Romania. We do hope that this success story will encourage other companies to approach EximBank which understood the requirements of this difficult economic period and positioned itself as a valuable partner for any type of business”, declared Traian Halalai, President of EximBank.

The implementation process of the project called ”Aqua Park AquaStar – the best point of the leisure touristic places in Satu Mare”, co-financed by the European Union via the Regional Operational Program 2007-2013, Priority Tier 5 – Sustainable development and promotion of tourism, Major intervention domain 5.2 – Creating, developing and up grading the touristic infrastructure in order to improve usage of natural resources and improve touristic services quality, has been going on between February 2011 and May 2013. AquaStar offers leisure tourism, entertainment, relaxation, wellness and SPA services, efficiently using the natural resources of thermal springs in the area.

”For a small company like ours, implementing this project was a huge challenge, but seeing it now to its end the feeling of fulfillment is just as huge. I still remember the moment when we expected the financing agreement from EximBank. It was a decisive moment for the project and I am glad that everything turned out exactly the way we planned it. We are convinced that the potential of this investment is really high especially due to the fact that the aqua park will be an incentive for the further economic development of the area on several levels and especially on the long run”, declared Nagy Karoly, Solarex owner. He also added that this project created 35 new jobs.

AquaStar is an aqua park with thermal waters representing one of the biggest attractions in the area of Satmar, aiming at meeting the local population demands as well as the ones in the neighboring areas inside and outside the country. AquaStar – the first aquatic center of the region – will be open all year round. The park has a capacity of 2000 persons / day during summer and 500 persons / day out of season; the total surface of the site is almost 12.500 sqm.
– leisure – AquaStar has five exterior pools – relaxation and entertainment pool, thermal pool for senior people, demi Olympic pool, children pool, and for adventure lovers the pool with water slides (Anaconda, Kamikaze and Family). There are also four interior pools with different destinations (650 sqm.) – from children pools to the ones for relaxation and hydro massage as well as for swimming and the ones with thermal water. The water used to fill in the thermal pools comes from the own fountains 1300 m and respectively 600 m deep
– wellness and spa – on this segment the park offers various healthcare programs; there are seven types of sauna (2 Finnish, 2 steamy – Hammam, 2 infrared and 1 salty, with Himalayan salt built in walls). To alternate the sauna effects there are an icy fountain and the cold water bath. Moreover, there are hydro therapy areas, kinetic-therapy and massage areas, and an area for sports entertainment (ping pong, aerobics and etc.) as well as children playgrounds inside and outside.
The main building area (including the four pools and the wellness area) measures more than 5.000 sqm – with an extra surface of almost 1.000 sqm, the surface of the external swimming pools.
The park will open for the public on June 1st2013, working hours between 9 am and 8 pm. The ticket will cost 30 Ron per adult, 20 Ron for students and retiring persons, 15 Ron for children aged 3 to 14 years, 10 Ron for the sauna access. Children up to 3 years old have free entrance. The mentioned schedule and tariffs apply for the summertime.

EximBank is a specialized institution whose threefold product portfolio focused on financing, guarantee and insurance allows the bank to support the activity and development of the Romanian exporters and companies active in priority economic domains, including the ones contributing to the absorption of EU funds.
The Bank has a network of 13 entities in Bucharest, Bacau, Brasov, Buzau, Constanta, Cluj, Craiova, Deva, Galati, Iasi, Oradea, Sibiu and Timisoara; interested companies may access additional information on www.eximbank.ro.