aro-palace
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Transilvania Investments Starts ARO-Palace Minority Shareholder Withdrawal Procedure
Transilvania Investments Alliance (TRANSI.RO), which owns 96% in ARO-Palace Brasov (ARO.RO), has received approval from the Financial Supervisory Authority (ASF) for the minority shareholder withdrawal procedure.
ARO-Palace Seeks To Operationalize Mercure Brasov City Center And Hyatt Regency Aro Palace In EUR49.3M Investments
Hotel company ARO Palace Brasov (stock symbol: ARO), controlled by alternative investment fund Transilvania Investments Alliance (stock symbol: TRANSI), has called shareholders for a meeting...
ARO Palace Signs Franchise Contract with Hyatt to Rebrand Brasov Hotel
Hotel company ARO Palace, controlled by Transilvania Investments, has signed the franchise agreement with hotel chain Hyatt to transfer the ARO Palace hotel under the international brand.
Aro-Palace's Net Profit Surges 25% YoY To RON1.06M In H1/2024
Hotel company Aro-Palace (stock symbol: ARO) reported net profit of RON1.06 million for January-June 2024, up 25% from the same period of 2023, as per its half-yearly financial report publis...
Aro Palace Takes First Step Towards Sealing Franchise Agreement With International Hotel Group Hyatt
Aro Palace, the company that manages hotels in Brasov, has announced the first step towards striking a franchise agreement with international group Hyatt for the Aro Palace Hotel.
Aro-Palace Switches To RON860,000 Net Profit In H1/2023 Vs Nearly RON1M Loss In H1/2022
Hotel company Aro-Palace ( ARO.RO) reported a net profit of RON856,256 for the first half of 2023 from a loss of RON958,224 in the same period of 2022, the company said in its half-year fina...
Aro-Palace Sells Coroana-Postavarul Hotel In Brasov For EUR9.4M
Hotel company Aro-Palace (ARO.RO) on Friday informed its shareholders and interested people via a stock market report that it was signed the sale-purchase contract for the Coroana-Postavarul...
Aro-Palace Teams Up With ACCOR For Reopening Of Capitol Hotel In Late 2025
Hotel company Aro-Palace (ARO.RO) said in a stock market report on Tuesday (June 27) that it was teaming up with ACCOR, a world-leading hospitality group, for the reopening of the Capitol Ho...
Aro-Palace Aims To Get At Least EUR9.1M From Sale Of Coroana-Postavarul Hotel In Brasov
Hotel company Aro-Palace (ARO.RO) has informed the local capital market of a sealed-bid auction for the sale of the Coroana-Postavarul hotel in Brasov (central Romania).