Turism, Hoteluri, Restaurante Marea Neagra S.A. Reports Earnings Results for the Half Year Ended June 30, 2021
August 30, 2021
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Turism, Hoteluri, Restaurante Marea Neagra S.A. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced total revenue was RON 6.325 million compared to RON 19.937 million a year ago. Operating loss was RON 11.036 million compared to operating Income of RON 4.295 million a year ago. Net loss was RON 10.988 million compared to net income of RON 3.030 million a year ago.
Turism Hoteluri Restaurante Marea Neagra SA (THR Marea Neagra SA) is a Romania-based company engaged in the tourism sector. The Company provides tourism services in the Black Sea resorts of Eforie Nord, Eforie Sud, Venus, Saturn and Neptun. THR Marea Neagra SA offers various types of accommodation and food services. It administrates 34 accommodation and 29 foodservice units. The accommodation units offer over 12,000 places. The services provided by the Company are completed by the health and treatment offers in spa centers situated in Saturn, within the residential three-star hotels Balada, Hora and Sirena. THR Marea Neagra SA also offers recreation packages through its Aqua Park Balada and Aqua Park Cleopatra. As of December 31, 2011, SIF Transilvania SA held a 77.71% stake in the Company.
TURISM, HOTELURI, RESTAURANTE MAREA NEAGRA S.A. 
