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 on December 9, 2024 to approve the company's business-plan and the financial projections related to operationalizing the objectives Mercure Brasov City Center and Hyatt Regency Aro Palace.
Europack Media, a Constanta-based manufacturer of wet wipes established by local entrepreneurs, will overshoot the RON100 million revenue mark this year, an increase of 30% on the previous year, its officials say.