Accor has announced the signing of a franchise agreement with Romanian investor MKS PROD to open a new Mercure hotel in Craiova, the second largest city in southern Romania.
Turism Felix has announced a significant update to its 2025-2035 development strategy, focusing on its hotel portfolio by affiliating with Accor Group's ibis Styles brand.
Ádám Ambrus, Manager of Amera Grup, talked to Property Forum about the company's ongoing investment of €7 million in the first Accor-branded hotel in Cluj-Napoca and the trends shaping new investments in the city.
Accor, a world leading hospitality group, today announces the grand opening of Mercure Chisinau Center Jazz in Moldova.
Europeans are confident about their travel spending power in 2024 despite the ongoing cost of living pressure across the continent.
Accor group expands its portfolio in Romania with the signing of a new franchise agreement with Paradis Hotels & Resorts for the conversion of the Dana Holiday Club.
Romania has achieved a significant victory at the International Centre for Settlement of Investment Disputes (ICSID) in Washington regarding the Bucharest-based Casa Radio project.
Romania's Ministry of Finance is conducting its fourth public offering of Fidelis government bonds this year, running from April 14 to 21 on the BVB. .
Foraj Sonde Videle has announced the acquisition of Raffles Energy, a British holding company that owns two Romanian energy companies active in natural gas and electricity production.
Romania is launching its most ambitious industrial policy package in recent years, featuring nine state aid schemes with an estimated budget of €5 billion by 2032,
Romania's annual inflation rate climbed to 9.87% in March from 9.31% in February, driven by an 11.05% increase in services, 10.89% rise in non-food goods, and 7.67% growth in food prices, according to data published by the National Statistics Institute (INS).