Businessman Tomah Kahled, owner of the Sir commercial complex, is relaunching his investments in the Bucharest real estate market through developer Roka Development. According to information obtained by Profit.ro, he is simultaneously…
The Romanian fast-casual restaurant chain Spartan has completed the rebranding and modernization process of its unit in Vivo Mall Constanța, following an investment of over EUR 238.4 thousand. This is the second…
Transilvania Investments Alliance (TRANSI) has obtained the approval of the Financial Supervisory Authority (ASF) to conduct a public tender offer for a 4.01% stake in ARO Palace (ARO) shares. The operation is…
Bucharest Airports National Company (CNAB) has signed the design and technical assistance contract for the new terminal of Henri Coandă International Airport, an investment of approximately EUR 18.4 million, representing the largest…
The hospitality industry is facing a major technological gap in the adoption of artificial intelligence (AI), caused by data fragmentation and the structural limitations of traditional management systems. Despite accelerated investments in…
Forecasting and budgeting are indispensable tools for hospitality financial professionals. In the constantly evolving and highly competitive landscape of the hospitality industry, accurate financial planning is the key to success. This article…
The European Bank for Reconstruction and Development (EBRD) will invest €40 million in the Polish holding company Rex Concepts to support the expansion of the Burger King and Popeyes networks in Romania,…
The Brașov – Făgăraș highway project has made significant progress with the issuance of the environmental agreement for the 49.3-kilometer route. The announcement was made by Cristian Pistol, the general director of…
The travel agency IRI Travel and the Hyatt Inclusive Collection group are expanding their partnership on the Bulgarian coast for the 2026 season, amid an accelerated growth in the share of Romanian…
The Chamber of Deputies has adopted, as the decision-making body, the draft law approving the “Country Life” (“Viața la țară”) Program, an initiative aimed at the digitalization and fiscal regulation of Romanian…