Copos out of phase with authorities' plans

After having made money from electronics, pastry and electrical engines, businessman George Copos is now betting tens of millions of dollars on tourism, albeit out of phase with the authorities’ plans so far. Copos has invested more than 20 million euros in two hotel complexes in Eforie Nord. The resort is much below the standards of the new hotels, as Eforie Nord was not included in the plan to modernise the seaside resorts. The largest infrastructure investments thus far are those in Mamaia and Neptun. “I hope the infrastructure of the resort will eventually measure up to our investment’s standards,” George Copos said. This is not the first time he has been out of phase with the development strategy of the tourism or local authorities: the businessman holds three hotels in Poiana Brasov, a resort not included in the development plans of the Tourism Ministry like Azuga or Predeal. Ana Hotels, a company of the Ana Group held by George Copos, has just dedicated the four-star Astoria hotel complex in Eforie Nord, following refurbishment works worth 2.5 million euros. It will also open the five-star Europa hotel complex in Eforie Nord early in August, following an over 20 million euro investment. ZF