The Sport Hotel in Onesti, part of the assets of the RAFO Onesti refinery, which re-entered insolvency last autumn, has been put up for sale for EUR 551,700.
The hotel, built in 1975, has 4 floors and 45 rooms, and is classified as a 3-star establishment.
Between 2001 and 2003, RAFO accumulated significant debts, and in 2004 it entered insolvency, with payment obligations of over 8,000 billion old lei to the state budget.
RAFO Onesti re-entered insolvency on its own initiative on October 27, 2016, five years after exiting a reorganization procedure in 2011 that had lasted no less than seven years, following its previous entry into insolvency in 2004.
Source: Profit
Frequently Asked Questions
What is the sale price of Hotel Sport?
The hotel is listed for sale at EUR 551,700.
Who owns the hotel?
The property is owned by the RAFO Onesti refinery, which is currently in insolvency.
What are the hotel’s main features?
Built in 1975, the 3-star hotel has 4 floors and 45 rooms.