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Investment
05/12/2019
New Radisson Blu Hotel in Timisoara Receives Construction Permit

Mulberry Development has obtained the construction permit for the Radisson Blu hotel in Timisoara. It will have 160 rooms and will be completed in 2021.  The new unit will increase Radisson Hotel…

05/12/2019
Hotels and restaurants
04/12/2019
Popescu Family buys 25% of Rozmarin Hotel in Predeal

The wife of former footballer Gica Popescu, Luminita, has purchased 25% of the shares of the Rozmarin Hotel in Predeal. Built between 1933-1936, the hotel is classified at 4 stars and features…

04/12/2019
Connectivity
04/12/2019
Wizz Air allocates a new aircraft to the Bucharest base in 2020 and will introduce two new routes to the Czech Republic and Spain

Low-cost airline Wizz Air is bringing a new Airbus A321 aircraft to Bucharest, which will join the Wizz fleet in July 2020, bringing the company’s fleet at the Romanian capital base to…

04/12/2019
Hotels and restaurants
02/12/2019
Niro Investment Group signs financing for Swissotel Bucharest

Niro Investment Group has signed a financing agreement worth 24 million EUR with Libra Internet Bank for the development of the hotel project on Expozitiei Boulevard, which will be operated by the…

02/12/2019
Tourism
02/12/2019
Evolution of arrivals and overnight stays in Romania in October 2019 and the first ten months of this year

Arrivals registered in tourist reception structures in October 2019 totaled 1,081.8 thousand, an increase of 1.2% compared to October 2018. Of these, 77.9% represented arrivals of Romanian tourists, while foreign tourists accounted…

02/12/2019
Hotels and restaurants
29/11/2019
Bucharest Arena, which manages the Stirbey Domain, has entered bankruptcy

The administrator of the Stirbey Domain in Buftea, the company Bucharest Arena, which had been in insolvency since the beginning of 2018, has now entered bankruptcy. To return to the market debt-free,…

29/11/2019
Hotels and restaurants
29/11/2019
A hotel near Otopeni Airport has been put up for sale for EUR 2.9 million

A 120-room hotel, whose construction began in 2006 and was 80% completed before the developing company entered insolvency and the building was acquired by a creditor, has been put up for sale…

29/11/2019
Tourism
29/11/2019
Razvan Pirjol was appointed Secretary of State within the Tourism department of the Ministry of Economy, Energy, and Business Environment

Emil-Razvan Pirjol is the new head of Romanian tourism, after being appointed Secretary of State in the Ministry of Economy, Energy, and Business Environment. He stated that his priorities include a more…

29/11/2019
Connectivity
29/11/2019
New Berlin Airport to Open in 2020 After 9-Year Delay

The CEO of the company that owns Berlin International Airport (Berlin Brandenburg Airport – BER), Engelbert Luetke Daldrup, stated during a supervisory board meeting that the new airport will be inaugurated on…

29/11/2019
Hotels and restaurants
28/11/2019
The Ramada-Majestic Hotel in the Capital is very close to being sold

The owners of the Ramada-Majestic hotel in central Bucharest, put up for sale last summer for EUR 13 million, are in final negotiations with an Israeli hotel group with global holdings and…

28/11/2019
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