The Dubrovnik Cable car could well open again to visitors from the 1st of July. The cable car, one of the most popular tourist attractions in the city, has hung silent with its doors firmly closed since the 25th of April this year, but now it seems that after almost 2 and a half months of lost business the cable could start operating again soon.
The cable car was forced to close on the 25th of April after the Customs Administration closed the cable car for non-payment of concession fees. However, it appears from exclusive news from RTL television that this legal and financial loggerhead has reached a successful conclusion. RTL reports that the case between the City of Dubrovnik and Excelsa Real Estate, the company that owns and operates the cable car, could be coming to an end.
The owners have paid their financial obligations to the Republic of Croatia and an agreement with the City of Dubrovnik is almost complete. A part of the 45 million Kuna debt for unpaid concession fees has apparently now been settled by Excelsa Real Estate opening the door for future negotiations.
This means that the cable car could well be operational again at the beginning of July, although there is still no official statement. The next step is for the City of Dubrovnik and Excelsa Real Estate to agree a new future concession agreement, with the Mayor of Dubrovnik, Mato Frabkovic, commenting for RTL that an offer for a future concession for the cable car is ready and waiting.