Iaki Hotel enters a new modernization phase

Hagi Sport SRL, the company controlled by Gheorghe Hagi, has obtained the demolition permit for buildings C1, C2, and C3 within the Iaki Hotel complex in Mamaia. The document represents a new stage of the hotel asset’s modernization project, a rehabilitation and repartitioning process started several years ago.

Demolition permit no. 17, issued by the Constanța City Hall on Wednesday, July 8, is valid for 24 months. The urban planning documents do not specify the exact purpose of the three targeted buildings, nor whether they represent the main building or just auxiliary structures. The modernization plan began in 2022 with permits for the renovation and repartitioning of Building C1, followed by new steps in 2023 and November 2024. Previously, in 2025, the hotel completed a renovation phase estimated at around EUR 2 million, works that temporarily limited the unit’s operating capacity to 30% in the first four months of last year.

Hagi Sport SRL is owned by Gheorghe Hagi (99%), who also serves as administrator, alongside Marilena Hagi (1%). In addition to the hotel complex, this spring the company won the right to manage a beach area of 17,195 square meters in Mamaia. For the year 2025, the company reported a turnover of EUR 4.59 million, debts of EUR 2.2 million, and losses of EUR 55 thousand, operating with an average of 128 employees.

Frequently Asked Questions

Who owns the Iaki Hotel in Mamaia?

Iaki Hotel is owned by Hagi Sport SRL, a company controlled by the famous Romanian former footballer Gheorghe Hagi (99%) and Marilena Hagi (1%).

What does the new modernization phase of Iaki Hotel involve?

The new phase involves a demolition permit for buildings C1, C2, and C3 within the hotel complex, as part of an ongoing rehabilitation and repartitioning project.

What are the financial results of Hagi Sport SRL?

For the year 2025, Hagi Sport SRL reported a turnover of EUR 4.59 million, debts of EUR 2.2 million, and losses of EUR 55 thousand, with an average of 128 employees.