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Tourism
15/02/2024
National Selection Begins for Best Tourism Villages 2024

The Ministry of Economy, Entrepreneurship, and Tourism (MEAT) is launching the national selection for localities aspiring to the title of Best Tourism Villages! This initiative precedes the fourth edition of the World…

15/02/2024
Investment
15/02/2024
The iconic former Victoria Hotel building in Satu Mare to regain its former glory

The iconic former Victoria Hotel building in Satu Mare will regain its former glory with an investment of over 13 million RON. The design and execution contract has been signed for the…

15/02/2024
Hotels and restaurants
15/02/2024
Paradis Hotels & Resorts Acquires Modern All Inclusive Hotel in Mamaia Resort

Paradis Hotels&Resorts begins the 2024 summer season with eight hotels under management, following the acquisition of the Modern All Inclusive hotel in Mamaia last fall. This addition joins accommodations in Venus, Jupiter,…

15/02/2024
Transactions
08/02/2024
Infinity Capital Investments Announces New Auction for the Sale of Dâmbovița Hotel Complex

Infinity Capital Investments, stock symbol INFINITY, announced Monday at the Bucharest Stock Exchange that it will organize an open competitive auction on February 14, 2024, for the sale of its 99.99% stake…

08/02/2024
Tourism
08/02/2024
More Than Half of Romanians to Increase Budgets for Holidays Abroad

More than half of Romanians, 57%, will allocate larger budgets for holidays abroad this year, while one in three tourists traveling exclusively within Romania plans for smaller budgets, according to a survey…

08/02/2024
Tourism
08/02/2024
Romanians Spent 9 Million Euros on Airline Tickets in January

Romanians purchased airline tickets totaling 9 million EUR in January, an increase of 33% compared to the same period last year, with 95% of these directed toward destinations in Europe. The cheapest…

08/02/2024
Tourism
08/02/2024
Arrivals Registered in Tourist Accommodation Establishments Increased by 10% Last Year Compared to 2022

Arrivals registered in tourist accommodation establishments (including apartments and rooms for rent) in 2023 totaled 13.647 million people, an increase of 10.5% compared to 2022, according to data from the National Institute…

08/02/2024
Rep. Moldova
08/02/2024
Nature Reserves: Moldova’s Green Gold as a Tourist Destination

The tourist season is about to begin in the Nature Reserves of the Republic of Moldova. The country’s most significant reserves—”Codrii,” “Plaiul Fagului,” “Pădurea Domnească,” and “Prutul de Jos”—attract tourists not only…

08/02/2024
Top story
08/02/2024
Former Dinamo shareholder Cristi Borcea sells Pam Beach Resort hotel in Olimp resort

The Pam Beach Resort Hotel, the former 3-star Hotel Muntenia in the Olimp resort, owned by the family of businessman Cristi Borcea, is being sold, along with the restaurant and related land,…

Mădălina Badea 08/02/2024
Transactions
01/02/2024
CEO (Oltenia Energy Complex) Lists Two Hotels and Two Restaurants for Sale

Oltenia Energy Complex (CEO) will put four assets up for sale. These target real estate properties that are not directly related to the production of electricity and coal. CEO wishes to outsource…

01/02/2024
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