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Aro-Palace SA (Romania)

Main Activities: Hotels (except Casino Hotels) and Motels
Full name: Aro-Palace SA Profile Updated: August 26, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Aro-Palace SA is a company located in Brasov, Romania. It was established in 1991 and is the successor of the Brasov tourism school's traditions. The company has a complex infrastructure that includes three hotels (Aro Palace Hotel, Capitol Hotel, Coroana Hotel) with a total capacity of over 1300 rooms, ranging from 5-star to 2-star comfort levels. Additionally, the company operates three restaurants that offer exceptional traditional cuisine and ambiance. Aro-Palace SA has a history of over 80 years, with its inauguration taking place in 1939. In 2005, the hotel was modernized and upgraded to a 5-star standard, which it maintains to this day. The company values collaboration and partnerships with educational institutions in the field, as well as the adoption of ISO 9001 standards to ensure the continuous improvement and high quality of the complex tourism product offered to guests. The company's chefs have achieved exceptional results in culinary art at prestigious international competitions, demonstrating the professionalism and dedication of multiple generations of workers.

Headquarters
Strada Eroilor Nr. 27
BRASOV; Brasov; Postal Code: 500030

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Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
January 30, 1991
Key Executives
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Director
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Administrator
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Administrator
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Administrator
Ownership Details
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85.7399%
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10.2493%
Subsidiaries
Helios Landmarks Development SRL
100%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency RON. Absolute financial data is included in the purchased report.
Net sales revenue
-4.02%
Total operating revenue
-6.42%
Operating profit (EBIT)
-67.01%
EBITDA
-44.9%
Net Profit (Loss) for the Period
25%
Total assets
28.78%
Total equity
32.21%
Operating Profit Margin (ROS)
-3.82%
Net Profit Margin
1.71%
Return on Equity (ROE)
-0.04%
Quick Ratio
13.4%
Cash Ratio
12.14%

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