The new owner of Orizont Hotel in Predeal is Alexandrion Group

The 4-star Orizont Hotel in Predeal, considered a landmark of the mountain resort, presented as the “Pearl of the Prahova Valley”, has been sold for RON 52 million to the owner Alexandrion Group, a producer and distributor of spirits and sparkling wines, which also owns a number of hotel assets.

The buyer is the firm N.S.&Sons Gloal Investments, wholly owned by the Romanian businessman of Syrian origin Nawaf Salameh, owner of Alexandrion Group.

The 139-room Hotel Orizont was owned by FEPER SA, a company with two other hotels in Predeal and Ploiești, 85.8%, controlled by the investment fund Transilvania Investments with more than 85% of the shares, while the Authority for State Assets Administration owns almost 9.4% of the company’s shares.