The company also posted RON20 million net profit, after having made about RON140,000 loss in the previous year. It had 302 employees last year. The majority shareholder of SCHG, is Austria’s Strabag.

Bucharest is the main business hub of the country and the destination that attracts most foreigners. The latest data from the National Statistics Institute show Bucharest attracted 1.2 million foreign tourists last year or more than 40% of the number of foreigners that stayed in hotels.(EUR1=RON4.7183)

(English version by Loredana Fratila-Cristescu)