“Following the outcry bid, the asset was awarded for EUR2,500,000, VAT included, (…)”, the report reads.

THR shares have gained 33% over the last year, triggering a stock market valuation of RON116 million. The company’s main shareholder is investment fund Transilvania Investments Alliance (TRANSI), which owns three quarters of the share capital.

THR Marea Neagra ended 2025 with total revenue of RON62.7 million, up 86% on the year, net profit of RON14.4 million, up 48% on the year, and debts of RON22.1 million, lower than RON37.3 million reported in 2024.