Aqvila Club derives 50% of business from teambuilding

Aqvila Club, a four-star hotel in Rucar commune held by three local entrepreneurs, derives 50% of its turnover from teambuilding activities, which are organised for companies such as Petrom, BRD, Ursus, Mobexpert, Porsche, Zentiva and Vodafone. “Last year, we posted a 1.2 million-euro turnover, and this year we estimate 1.5 million euros. Around 50% of our revenues come from teambuilding activities, and 30% from training programmes,” said Liliana Balici, managing partner of ITS Events Management, the group Aqvila Club is a part of. According to data from the Trade Registry, Balici holds a 49% in ITS Events Management. The company’s other two shareholders are Marius Nedelcu (29%) and Gabriela Baiasu (22%). The Aqvila Club project was started in 2002, and the idea for this business came from the lack of space available for training programmes and events. “Aqvila Club is a club dedicated exclusively to business clients, and hosts teambuilding activities, training programmes, seminars, board meetings and themed parties. In the coming five years, we plan to open another two Aqvila Club complexes within two hours’ drive from Bucharest, which will have an accommodation capacity of up to 200,” said Balici.