The Flavours Group, one of the market leaders in premium catering and restaurants in office buildings, ended 2024 with a turnover of €16.8 million, up 21.7% year-on-year and 5.7% above initial estimates.…
Alpha Builders Group is well advanced with the works on OLIMP TOWER, a new luxury residential complex on the Romanian coast. Alpha Builders Group SA announced in 2023 the start of construction…
Karpaten is investing EUR 5 million to transform a historic building in Bistrița into a four-star hotel. The Karpaten tourism group, owned by the Mărginean family and which includes the eponymous travel…
The hotel company Aro-Palace Brasov (stock symbol ARO), listed on the Bucharest Stock Exchange and with a capitalization of RON 173 million, reported a net result of RON 1,633,664 in 2024. In…
The company D-Group, founded by Ukrainian entrepreneur Vadym Dashut Dashut, marks its entry on the Romanian market with an investment agreement for the development of the Airport Bucharest Hotel – a four-star…
Starting August 1, 2025, the VAT rate applicable to the HoReCa industry (hotels, restaurants, cafes) will be 11%, according to the first package of fiscal measures announced by Prime Minister Ilie Bolojan.…
Between 12% and 15% of tourism transport is carried out by buses and coaches, most of which are regular trips, the president of the National Institute of Statistics (INS), Tudorel Andrei, said…
German Touristik, part of Memento Group and a former TUI franchise partner, has gone through an extensive rebranding process, becoming, as of July 1, 2025, Vacanza – the first B2B smart cost…
The Ministry of Development, Public Works and Administration (MDLPA) has settled invoices totaling 107,559,420.95 lei for 130 objectives realized by components C5 – The Wave of Renovation, C10 – Local Fund and…
The President of the Republic of Moldova, Maia Sandu, was present at the Festival “La Nistru la Mărgioară”, held in Serpeni, on the occasion of the Day of Popular Wearing. During the…