Hungarian OTP breaks ground on Slovenia’s largest real estate project
OTP has launched Slovenia’s largest real estate development with the groundbreaking of the EUR 400 million Emonika complex in Ljubljana, marking a major milestone in the group’s expansion and long-term investment in the region.
OTP’s ambitious project in Slovenia
As Magyar Építők writes, OTP Group has officially commenced construction of the ambitious Emonika project in Ljubljana, marking the largest real estate investment in Slovenia to date. With the foundation stone laid on 19 May, the EUR 400 million development aims to revitalise a long-anticipated area in the heart of the capital. Encompassing 187 residential units, two hotels, over 35,000 square metres of office space, and a 22,500 square metre retail centre, the project signals a major boost to both the city’s skyline and economic landscape. OTP’s new Slovenian headquarters will also be part of the complex, further solidifying the bank’s commitment to the region.
Transport and business hub
According to OTP President Sándor Csányi, the project is being led by Mendota Invest, an OTP-owned firm that has been preparing for this regeneration for over five years. Deputy Mayor Rok Znidarsic emphasised the project’s role as a future transport and business hub, with the tallest office building in Ljubljana planned on site. Additionally, key infrastructure such as the surrounding rail and road networks will be upgraded, blending public and private sector cooperation to improve connectivity with Central Europe.
About Emonika
Slovenian officials see Emonika as a powerful economic catalyst and a symbol of cross-border collaboration with Hungary. With more than 200,000 square metres of buildable space and over 1,500 parking spaces, interest in the development is high across all sectors. Leasing has already begun for retail and hotel spaces, and 25–30 percent of the housing units are expected to be sold by the end of the summer.
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Banks seem to be the only industry thriving. So sad. The financialization of our (Western) economies will be our downfall. Most of the economy (in the U.S. it’s something like 85%) is now generated by trading debt and “papers.” Nobody is actually producing anything.
It’s good that Hungary is a leader in this sector but I really wish it was a Hungarian business actually manufacturing something that was doing this in Slovenia instead of a damn bank.
Mr Stiener – in just 4 months trump signed deals for over 7 trillion in the US to bring production back. The Qatar order for many new Boeing planes is just one- all production in the US along with several chip an AI facilities. The whole idea of tariffs , is bring production to the US