The consortium formed by Profiserv Construct (leader), Erixconstruct, and Inmelcon Prod will build a four-star hotel with a spa center in Târgu Jiu for Crescendo, a company controlled by entrepreneurs Carmen and Călin Lemnaru. According to Profit.ro, the contract was awarded through a public tender for EUR 9.47 million, excluding VAT, with completion scheduled in 12 months, by September 2027.
The project, partially financed by European funds via the Just Transition program, includes over 70 rooms and will be located in the city’s historic center on an almost 5,000-square-meter plot exclusively owned by Crescendo. Imobiliare Solutions Group also submitted a bid in the procedure. Regarding the estimated contract value, there is a discrepancy in the procurement records, being listed at EUR 10.47 million as well as EUR 11.47 million, excluding VAT. This is the second attempt to award the investment, after a similar contract signed in December 2025 for EUR 10.23 million, excluding VAT, with the consortium BRCPremium Cluj-Napoca (leader) and Inmelcom Prod was abandoned by the contractor from Cluj. The beneficiary of the investment, Crescendo, active in the restaurant sector since 1991, recorded a turnover of EUR 9.14 million and a net profit of EUR 1.03 million in 2023. The leader of the winning consortium, Profiserv Construct, owned by Marius Negrea (50%) and Marian Șoșoi (50%), reported a turnover of EUR 1.19 million in 2025.
Frequently Asked Questions
Who is building the new four-star hotel in Târgu Jiu?
The project is being developed by Crescendo and will be built by a consortium led by Profiserv Construct, together with Erixconstruct and Inmelcon Prod.
What is the value of the investment and how is it financed?
The construction contract is valued at EUR 9.47 million excluding VAT and is co-financed with European funds through the Just Transition program.
What amenities will the new hotel in Târgu Jiu include?
The hotel will feature more than 70 rooms, a spa center, and will be situated in the city’s historic center on a plot of nearly 5,000 square meters.