{"id":120374,"date":"2019-01-22T00:00:00","date_gmt":"2019-01-21T22:00:00","guid":{"rendered":"https:\/\/rhn.ro\/therme-complex-turned-a-profit-in-its-second-year-of-operation\/"},"modified":"2026-03-27T20:34:29","modified_gmt":"2026-03-27T18:34:29","slug":"therme-complex-turned-a-profit-in-its-second-year-of-operation","status":"publish","type":"post","link":"https:\/\/rhn.ro\/en\/therme-complex-turned-a-profit-in-its-second-year-of-operation\/","title":{"rendered":"Therme Complex turned a profit in its second year of operation"},"content":{"rendered":"<div>Therme Complex, one of the largest wellness, relaxation, and entertainment centers based on thermal waters in Europe, has opened a new restaurant in The Palm area.<\/div>\n<div><\/div>\n<div>The company Therme Nord Bucuresti SRL, which owns and operates the aquapark in Balotesti, turned a profit in its second year of operation, with a net positive result of over 2.8 million RON recorded in 2018, following losses of approximately 20.3 million RON in 2016.<\/div>\n<div><\/div>\n<div>In its first year of operation, 2016, the complex recorded a turnover of over 64 million RON, but a net loss of over 20 million RON, with revenues of 85.9 million RON and expenses of 106.3 million RON.<\/div>\n<div><\/div>\n<div>In 2017, the company&#8217;s turnover exceeded the 100 million RON threshold, and revenues totaled 134.9 million RON, while expenses increased to 131.47 million RON. The average number of employees grew from 427 to 452.<\/div>\n<div><\/div>\n<div>In February 2017, the main shareholder of BSH Geothermie from Sibiu, which controls Therme Nord Bucuresti, decided to withdraw from the company and sell its stake of over 50% of the capital held in the company to the second most important shareholder, the German firm STL Beteiligungs-AG, for a sum of over 2.2 million EUR.<\/div>\n<h3>Frequently Asked Questions<\/h3>\n<p><strong>When did Therme Bucharest become profitable?<\/strong><\/p>\n<p>Therme Bucharest recorded its first net profit in 2018, its second full year of operation, reaching over 2.8 million RON.<\/p>\n<p><strong>Who is the current majority owner of Therme Bucharest?<\/strong><\/p>\n<p>Following a transaction in 2017, the German company STL Beteiligungs-AG became the majority shareholder after purchasing a stake of over 50% from BSH Geothermie.<\/p>\n<p><strong>How did Therme&#8217;s workforce change in its early years?<\/strong><\/p>\n<p>The average number of employees at Therme Nord Bucuresti grew from 427 in 2016 to 452 in 2017.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Therme Complex, one of the largest wellness, relaxation, and entertainment centers based on thermal waters in Europe, has opened a new restaurant in The Palm area. The company Therme Nord Bucuresti SRL, which owns and operates the aquapark in Balotesti, turned a profit in its second year of operation, with a net positive result of&hellip;<\/p>\n","protected":false},"author":0,"featured_media":67538,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2859],"tags":[],"thb-sponsors":[],"class_list":["post-120374","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stirea-editiei-en"],"article_style_override":"","post-style":"","post_via":"","post-top-image":"https:\/\/rhn.ro\/wp-content\/uploads\/2020\/02\/topstory.jpg","_links":{"self":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/120374","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/comments?post=120374"}],"version-history":[{"count":0,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/120374\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media\/67538"}],"wp:attachment":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media?parent=120374"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/categories?post=120374"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/tags?post=120374"},{"taxonomy":"thb-sponsors","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/thb-sponsors?post=120374"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}