THR Marea Neagra SA Invests 4,5 Mln EUR in Cleopatra Hotel Complex

F.A.
Ziarul BURSA #English Section / 21 martie 2007

THR (Tourism Hotels Restaurants) Marea Neagra this month started refurbishment works to Cleopatra complex in Saturn. The company intends to modernize the one-star hotel in order to upgrade it to a three star rating. The hotel requires extensive refurbishment and modifications, the investment being estimated at 4.5 million EUR.

Starting this year, T.H.R. Marea Neagra S.A. plans to refurbish and upgrade to a three-star rating the Bran-Brad-Bega and Vraja Marii hotel complexes in Eforie Nord, as well as Neptun-based Miorita and Cleopatra hotels. These investments will amount to approximately 14,5 million EUR.

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