Parang-Petrosani area certified as tourism resort of national interest

Parang-Petrosani area, Hunedoara county, was certified as tourism resort of national interest, through a governmental decision.

The authorities in the area benefit of several advantages as a result of this statute, such as the right to collect the resort tax to the local budget and to access European funds.

In April this year, the ministry allocated approximately EUR 52.79 mil. to finance 46 investment projects in tourism sector, including the development of the largest ski resort in South-Eastern Europe in Parang.

The project regarding the investment in the Parang ski area reaches approximately EUR 80 mil., out of which EUR 72.8 mil. are supported by Government through the Ministry of Tourism.

The project includes developing 30 km of ski slopes, a gondola of 8.2 km length to connect Petrosani city and Cota 1,600, an artificial lake and nine cable transport equipments, as Tiberiu Iacob-Ritzi, mayor of Petrosani city, stated at that time.

Sursa: Bloom Biz [13.10.2009], Curierul National [14.10.2009], Daily Business [13.10.2009], HRB Expert [14.10.2009], Wall-Street [14.10.2009]