Independenta Sibiu, a company controlled by Transilvania Investments, completed the first phase of the rehabilitation of industrial premises
* The value of the investments amounted to 1.5 million euros
Source: bursa.ro
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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).
Source: bursa.ro
Accor joins hands with ARO Palace Brașov for the reopening of the Capitol Hotel as part of the global Mercure brand
Accor, a world-leading hospitality group, has signed an agreement to open a new Mercure hotel in Brasov, Romania under a franchise agreement with key local hospitality partner, ARO Palace.
Source: business-review.eu
Transilvania Investments puts 9 seaside hotels up for sale
Nine important hotels in Eforie Sud and Eforie Nord, as well as other assets on the Romanian seaside, will be auctioned off in the next period, following the decision of Transilvania Investments to reposition its portfolio held in the hospitality sec
Source: romaniajournal.ro
Ebury Selects Victor Radu Roşu as Its Country Manager for Romania and Bulgaria
Ebury announced that it has selected Victor Radu Roşu as Its Country Manager for Romania and Bulgaria, effective since February 2022.
Source: financemagnates.com