Tuesday, 21 July 2026
Tatika Investments Limited, a Cyprus-registered company controlled by the Popoviciu family and Radu Dimofte, has taken full control of Grand Plaza Hotel S.A. in Bucharest, the company operating the five-star Sheraton hotel. The transaction was completed through the acquisition of the 25% share package previously held by Tresela Investments Limited.
Following this transaction, Tatika Investments currently owns all 1,748 shares of the company, representing 100% of the share capital, valued at EUR 3.72 million.
Grand Plaza Hotel S.A. recorded a turnover of EUR 12.2 million and a net profit of EUR 1.62 million last year, operating with an average of 201 employees. The Sheraton hotel, one of the largest accommodation units in the capital, features 270 rooms and 11 conference rooms.
For the current year, the company has launched a room modernization project involving a total investment of EUR 6 million. Additionally, the hotel operator owns a plot of land adjacent to the Sheraton hotel, where it plans to develop a new five-star property with a capacity of over 100 rooms, with the project currently undergoing approval.
