Type
Business expansion
Country
Romania
Region
Bucuresti; Bucuresti;
Location of affected unit(s)
Bucharest
Sector
Hotel / Restaurants
Accommodation And Food Service Activities
Accommodation
55 - Accommodation

400 jobs
Number of planned job creations
Job creation
Announcement Date
26 February 2008
Employment effect (start)
15 April 2008
Foreseen end date

Description

The Parc Hotels group has announced that it is to create 400 new jobs with the opening of a new hotel Ramada Plaza in Bucharest this spring. The new hotel has a total capacity of 300 rooms. The group invested EUR 15 million for the restoration of the old Hotel Turist. The estimated turnover for the first year of activity is EUR 5 million. As of February 2008, there is no information on when the new jobs will be created by.


Sources

  • 27 February 2008: Ziarul Financiar

Citation

Eurofound (2008), Ramada Plaza, Business expansion in Romania, factsheet number 66351, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66351.