Turism Hoteluri Restaurante (THR) Marea Neagra Hotel Company will put on sale assets of approximately EUR 15.9 mil., VAT not included, as a result of up-dating the re-organization and development strategy of the company for 2008-2012.
The assets including lands, buildings and constructions owned by THR, will be put on sale through public outcry auction.
Also, the company actualized the value of the three investment projects, envisaging classifying from 1 and 2 stars to 4 stars. The company plans to unfold those projects between 2009 and 2011, up to EUR approximately 17 mil.
For this year, the company estimates EUR 1.84 mil. profit, 75% higher than the initial estimated profit for this year, of EUR 1.11 mil.
Sursa: Bizcity [10.12.2008], Daily Business [10.12.2008], Ziarul Financiar [10.12.2008]
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Fivestar Hospitality Consulting 
