Thursday, 18 December 2025
Bega Turism, the company controlled by entrepreneur Marius Cristescu and his brother, has invested EUR 8 million in a new apart-hotel located in the center of Timisoara. The project, to be inaugurated next summer, is aimed at the corporate segment, targeting long-term rentals for employees of companies in the area.
The new building, built from scratch, will have 126 apartments to be rented for at least one month. This investment strengthens Bega Turism’s position as the largest hotel operator in Timis County, where about 110 companies operate.
The company’s portfolio already includes the 209-room Timișoara Hotel, a 45-room hotel in Sânnicolau Mare and the two-star Nord hostel in Timișoara with 39 rooms. The project is in addition to another recent major investment by the Cristescu brothers, who in 2021 allocated EUR 10 million for the construction of the 200-room Ibis hotel, affiliated to the Accor group, which took two years to complete.
