Ernesto Preatoni
The man who discovered Sharm
Ernesto Preatoni was born in Italy and started his career in 1967 as financial advisor; in 1971 he became President of Italian Financial Advisors, association created with the aim to direct saving towards targeted investments.
During the 70's and 80's he began with the real estate business (at first in the U.S.A. and then in Italy) and specialized in the construction and sales of apartments and office buildings, thus becoming, in 1991, one of the most important entrepreneurs in this sector. In 1985, he directed his activity towards the banking sector and realized his first relevant financial operation, the Bi- Invest takeover. In 1987 he organized the take over of Banca Popolare di Lecco and, successively, Credito Bergamasco.
In 1988 Ernesto Preatoni founded Domina Group, a company active in hotel joint-properties and time-sharing sector. Initially Domina counted 8 hotels in Italy and was active in the management and commercialisation of hotels.
Ernesto Preatoni, a Pioneer of modern times
In the 90' he mainly directed his activities towards two geographical regions, taking the development opportunities proposed by those markets, i.e. Egypt and Baltic Countries. As far as the first activity was concerned, he developed one of the greatest and worldwide well known resort, the Coral Bay at Sharm El Sheik, in the Sinai peninsula, encouraging the tourist explosion of such a location, rendering him so visible that still nowadays he is considered in Italy as "The man who discovered Sharm".
Regarding Baltic Countries, he was the first to understand the great development chances of the area, the day after their independence from Russia, and he established the company that today is at the head of all the structure, Pro Kapital. In other words, he is a Pioneer of modern times.