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The sale of the Coroana-Postăvaru hotel massively increases Aro-Palace's profit in the first three quarters of the year

Aro-Palace Braşov (ARO), a company with a tourism profile controlled by Transilvania Investments (TRANSI), reported a net profit of 34.7 million lei for the first nine months of the year, well above the 0.3 million lei in the same interval of last year, given that in July it sold the Coroana-Postăvaru hotel, as it appears from a report of the issuer published on the website of the Bucharest Stock Exchange (BVB).
Romania General Radu Ro Elevate Properties Bucharest Stock Exchange Aro Palace Bra Transilvania Investments
Source: bursa.ro

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