Hungarian Investments in Transylvanian Tourism are Supported by Funding from Hungary
In Mureș, Covasna, and Harghita, 4 and 5-star hotels are set to be built with investments of approximately EUR 100 million. The development of tourism in Transylvania will also generate new jobs, with an estimated number of over 500 positions becoming available.
A strategy has been developed in this regard, with capital infusions expected in the Transylvania region, particularly in the tourism sector.
In the city of Sfântu Gheorghe, Covasna County, a football stadium was built with funding from Hungary. However, the investment in a 4-star hotel in this locality has not yet been made.
A 4-star hotel for which EUR 4 million was allocated, with funding from Hungary, is set to be inaugurated shortly.
Near the city of Sfântu Gheorghe, in Harghita County, a four-star resort with a spa was built, valued at EUR 9 million, half of which represents funding from Hungary.
The mountain area with forests, thermal waters, and Saint Anne Lake is visited annually by approximately 80,000 tourists.
In Lunca de Sus, a village in Harghita, a family business has developed. The bobsled track was partially funded with funds from Hungary, while the hotel infrastructure, which includes a wellness area, outdoor pools, and the hotel at the base of the track, amounts to nearly EUR 6 million. The snow cannons were funded with funds from the Romanian government.
Tourism development in Transylvania is supported by the Romanian Ministry of Entrepreneurship and Tourism.
Frequently Asked Questions
What is the total value of the planned tourism investments in Transylvania?
The investments for 4 and 5-star hotels in Mureș, Covasna, and Harghita are estimated at approximately EUR 100 million.
How many jobs will these tourism projects create?
It is estimated that the development of tourism in the region will generate over 500 new jobs.
Which entities are providing the funding for these projects?
The projects are primarily supported by capital infusions from Hungary, while specific infrastructure like snow cannons received funding from the Romanian government.