DATE
Apr 2021
Client
Mutual Insurance Company Fennia and Elo Mutual Pension Insurance Company
Deliverables

Operator Search

Vierumäki Hotel


NHC is very proud to have advised Mutual Insurance Company Fennia and Elo Mutual Pension Insurance Company during the hotel operator search process and on the agreement with Holiday Club Resorts for the Vierumäki Hotel.

The hotel offers 190 modern rooms, a variety of restaurant services and conference facilities and a day spa. Restaurants and activities will be renewed in stages and new services added. The spa, projected to open by 2024, is part of the development.

Quote from Press Release: 

"The modern, high-quality spa and sauna will complement Vierumäki’s service offering for Holiday Club guests, other resort visitors and local residents. Destinations like Vierumäki offering activities and relaxation will attract both domestic and international tourists after the Covid-19 pandemic"

Maisa Romanainen, CEO of Holiday Club Resorts Oy

 

Read more here: Press release

About Mutual Insurance Company Fennia and Elo Mutual Pension Insurance Company

Elo: One-third of all Finnish companies and about 40% of self-employed people in Finland have chosen Elo to manage their pension insurance needs. They have been entrusted with the provision of future pensions of around 477,000 employees and self-employed persons, the payment of pensions for around 240,000 pensioners and the management of EUR 26 billion in investment assets.

Fennia: Fennia Mutual Insurance Company (here also "Fennia") is a Finnish insurance company that is owned by its clients and whose core values rest strongly in entrepreneurship. Fennia's portfolio consists of statutory and voluntary insurances which are offered to enterprises, entrepreneurs, and private households. Fennia is managed in accordance with the principle of mutuality, which means that its clients are its owners.