Lóránd Szarvadi, an entrepreneur known for the Domo network, has turned to the HoReCa sector, where he has invested in hotels and wine import.
Călin Nicolescu
Economy
Foto Laszlo Raduly/NewMoney
Always see our news on Google
Lóránd Szarvadi, the founder of Domo, was a key player in electronics retail in Romania, but after exiting the sector, he focused on HoReCa. He bought a hotel in Băile Bálványos and invested in its modernization, increasing its occupancy from 30% to 80%. It has also developed a hotel complex with 172 rooms and spa facilities. Szarvadi emphasizes the importance of infrastructure for the success of tourism businesses and continues to invest despite the challenges in the industry.
Latest News
07:32
Power outages in the Republic of Moldova, due to the weather. The Bălți-Dnestrovsk power line is severely damaged.
07:15
MAE, the first clarifications after the arrest of a Romanian woman in Germany, in a case of espionage in favor of Russia
22:54
Iulia Navalnaya urges Russians to vote for Yabloko: the September elections, a legal referendum against the war
22:39
The air forces of Bulgaria, Romania, and Spain have signed a trilateral agreement for air policing operations within NATO.
22:30
The government has approved the 'Diaspora Invests at Home' program, which offers grants of up to 200,000 euros to Romanians from the Diaspora for businesses in Romania.
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
