The mayor of Voineasa resort, Gheorghe Stanciu, stated that a surface of 9,970 sqm has been successfully removed from the forest fund, allowing for the expansion of the Transalpina Ski Resort. The…
Essam Abouda, Vice President of Operations for Eastern Europe, Russia, and Turkey at Hilton Worldwide, stated that Romania, like Russia and Turkey, is a growing market in the region he coordinates, with…
Bucharest Airports National Company (CNAB), together with Alpha Rocas, has inaugurated the third business lounge following a €210,000 investment, located in the future non-Schengen area of the departures terminal at Henri Coandă…
1.5 million square meters, approximately 70% of the Capital’s office stock, are accumulated by the largest 50 business centers in Bucharest, whose value is estimated at around 3 billion euros, considering a…
The draft of the new Fiscal Code proposes, among other things, the repeal of the 1% hotel tax collected by municipalities through accommodation units. Currently, the local council has the right to…
The Hungarian firm KESZ Epito es Szerelo has won the tender for the development of a wellness complex in Oradea. The contract is valued at 86.5 million RON, including VAT, and will…
Bucharest Henri Coanda International Airport ranked 4th in the European top of airports that recorded the highest air traffic growth in 2014, in the category between 5 and 10 million passengers. The…
Turism Felix invested 30 million EUR in converting the Lotus hotel in Baile Felix into a 5-star unit
The hotel company Turism Felix, which is controlled by SIF Transilvania and SIF Oltenia, has invested 30 million EUR in the conversion and modernization of the former Lotus hotel in Baile Felix,…
The National Association of Travel Agencies (ANAT) maintains that VAT should be reduced for all restaurants from 24% to 9%, not just for meals included in tourist packages. This measure would lead…
The Balotesti – Corbeanca area will benefit from the first geothermal water park in this part of the country. Work on this project began in 2013 and is scheduled for completion by…