Crescendo to Build a EUR 10.58 mln. Four-Star Hotel in Târgu Jiu

13 January 2026

The company Crescendo, active in the field of restaurants, awarded a contract worth RON 53.87 million (approximately EUR 10.58 mln), excluding VAT, for the construction of a four-star hotel in Târgu Jiu. The project will be executed by an association made up of BRC Premium and Inmelcom Prod, and part of the financing is provided through the Just Transition program.

 

The new hotel will have over 70 rooms and will be located on a plot of almost 5,000 square meters in the historic center of the city, exclusive property of Crescendo. The company, founded in 1991 and equally controlled by Carmen and Călin Lemnaru, reported for 2023 a turnover of 48.1 million lei (9.45 mln. EUR) and a net profit of 5.4 million lei (1.06 mln. EUR).

 

The selected builders are BRC Premium, specialized in electrical installations. The other member of the association is Inmelcom Prod from Bârsești (Gorj), a metal construction manufacturer.

 

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