Banat Estival 2002 SA
BBVB:BNAT0.20
RON
+0.04
(+25.79%)
ISIN
ROBNATACNOR9
Return %
Stock
S&P 500
1Y
25.79
14.20
3Y
115.05
81.12
5Y
-30.07
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Maria Durbac
- Sector
- Consumer services
- Industry
- Hotels/Resorts/Cruise lines
- Address
- Mangalia Romania
- IPO Date
- Oct 7, 2002
- Similar Companies
- Business
- Banat Estival 2002 SA is a Romania-based hospitality and property management company primarily engaged in the operation, management, and commercial exploitation of hotel accommodation, tourism, and leisure facilities. Founded in 2002 and headquartered in Neptun, Constanta County, Romania, the company operates within the consumer discretionary and hospitality sector as part of the regional tourism asset portfolio affiliated with the European Drinks and Foods group and Transilvania General Import-Export. The company focuses its commercial operations on the management of Hotel Banat, a 14-story hospitality property located in the northern sector of the Olimp seaside resort along the Romanian Black Sea coast. The company structures its offerings across multiple core business lines: hotel accommodation services, including standard guest rooms, multi-bed lodging units, seasonal holiday bookings, and front-desk guest management; food and beverage services, comprising on-site dining, day bar operations, breakfast services, and catering arrangements; guest hospitality and leisure amenities, including beachfront access coordination, on-site parking facilities, luggage storage, and tourist assistance; and real estate and commercial leasing services, involving the renting and subleasing of commercial retail spaces, utility areas, and auxiliary premises within its seaside real estate footprint. In recent developments, Banat Estival 2002 SA has implemented corporate and financial restructuring initiatives aimed at stabilizing operations and addressing outstanding liabilities. In September 2025, the company secured shareholder approval to enter into an inter-company credit facility of up to RON 5.8 million with affiliated entity European Drinks International SRL to fund working capital requirements and settle matured fiscal and municipal obligations. Additionally, the company reorganized its executive leadership following the election and installation of a renewed Board of Directors for a four-year mandate spanning 2024 through 2028, tasked with strengthening regulatory compliance on the Bucharest Stock Exchange AeRO market and re-evaluating the operational and asset monetization strategy for its hospitality properties in Olimp.