This fall has been full of business events and the occupancy rate of the Marmorosch Hotel reached 95% in October and will reach 90% on average in November, said Lithuanian executive Tadas Evaltas, who took the reins of the five-star hotel in Bucharest in September.
Sporting goods retailer Hervis, part of the SPAR Österreich group, has reached an agreement to sell its Romanian and Hungarian operations to UK’s Frasers Group (European Holdings) Limited, a subsidiary of Frasers Group PLC.