Turism Felix recorded a turnover increase of over 30% in 2018

Turism Felix, which operates 5 hotels in Baile Felix, recorded a turnover of 79.39 million RON last year, 32.05% higher than the 60.12 million RON recorded in 2017, and the net profit exceeded 10 million RON.
The hotel company Turism Felix achieved total revenues of 79.69 million RON in 2018, an increase of 30.42% compared to the 61.10 million RON from the previous financial year.
In the same reporting period, total expenses increased by 20.69%, to 68.66 million RON, from 56.89 million RON.
The company thus achieved an operational gain of 11.02 million RON, 177.58% above the 3.97 million RON in 2017.
Net profit increased to 10.25 million RON, from 3.68 million RON.
The majority shareholder of Turism Felix is SIF Transilvania, with a 63.20% stake, and the second significant shareholder is SIF Oltenia, which increased its holding to 28.97%, including the purchase of a 7% stake in the company from Rieni Drinks, owned by brothers Ioan and Viorel Micula.
Turism Felix operates 5 hotels in Baile Felix, namely International (4 stars), Termal (3 stars), Nufarul (3 stars), Poienita (3 stars), and Mures (2 stars).
As of December 31, 2018, the company had total assets of 234.33 million RON, up 9.46% compared to the 214.08 million RON at the end of 2017.
Total liabilities increased by 114.73%, to 22.89 million RON, from 10.66 million RON.

Source: Profit

Frequently Asked Questions

How did Turism Felix’s turnover evolve in 2018?

The turnover increased by 32.05%, reaching 79.39 million RON, compared to 60.12 million RON in 2017.

Who are the majority shareholders of the company?

The majority shareholder is SIF Transilvania (63.20%), followed by SIF Oltenia (28.97%).

What accommodation units does Turism Felix own?

The company operates 5 hotels in Baile Felix: International (4*), Termal (3*), Nufarul (3*), Poienita (3*), and Mures (2*).