THR Marea Neagră to Undergo Partial Division

The company THR Marea Neagră, which manages several hotels on the seaside, has convened shareholders to approve a partial division aimed at transferring a smaller segment of its activity—specifically low-cost accommodation units—to…

Accor Announces a New Mercure Hotel in Oradea

Mercure Oradea will bring 90 elegant and tastefully designed rooms, a restaurant, a lobby bar, and a wine cellar to the city in northwestern Romania. The hotel will also feature a versatile…

Aeroitalia Acquires Romanian Airline Airconnect

Aeroitalia, the airline owned by businessman Germán Efromovich, has acquired Airconnect, another airline. In the past, Germán Efromovich was the owner of Avianca, which is currently the largest operator in Colombia. Aeroitalia…