THR Marea Neagră Sells Hotel Assets Worth €14.6 Million

The Board of Directors of THR Marea Neagră S.A. approved, in the meeting on April 30, 2026, the capitalization through sale of a portfolio of hotel assets located in the Venus and Mangalia resorts. The total value of the transactions is €14.6 million, plus VAT, representing an important stage in the company’s asset restructuring strategy.

Deciding Board’s decision implements the Extraordinary General Meeting of Shareholders (AGEA) Resolution of January 22, 2026, which establishes the framework for sale through direct negotiation to current tenants and holders of the right of first refusal. In Mangalia, Universal Mangalia SRL will exercise this right for the acquisition of the Cleopatra and Narcis hotel complexes. For the assets in Venus, specifically Hotel Raluca and Orion Restaurant, the beneficiary is Atlas Apliance Solutions SRL, as tenant and holder of the right of first refusal. The sale process will continue with the final negotiation of contractual clauses and the signing of the sale-purchase agreements with the parties involved.

Frequently Asked Questions

What is the total value of the transactions announced by THR Marea Neagră?

The total value of the sold hotel assets amounts to €14.6 million, plus VAT.

Which assets are included in the sale in the Mangalia resort?

In Mangalia, the transaction involves the Cleopatra and Narcis hotel complexes, acquired by Universal Mangalia SRL.

Who acquired the assets in the Venus resort?

The assets in Venus, specifically Hotel Raluca and Orion Restaurant, are being acquired by Atlas Apliance Solutions SRL.