(Consolidated companies)
Danubius Hotel and Spa Public Limited Company
(Short name: Danubius Hotels Nyrt.)
Danubius Hotels Nyrt. is a company listed on the Budapest Stock Exchange, which has a comprehensive and controlling role affecting all activities of the Group. Group-level purchasing and the technical area overseeing the renovation processes operate under its direct management. It determines the development of its subsidiaries and supervises their business activities. It studies the possibilities of expanding the Company in Hungary and abroad, makes decisions on its concrete steps and pace thereof and creates their financial background.
(Registration nr.: Metropolitan Court of Budapest as Court of Registration 01-10-041669)
Danubius Hotel Operation and Services Private Co. Ltd.
(Short name: Danubius Zrt.)
Danubius Hotel Operation and Sevices Private Co. Ltd. operates the hotels and it is also responsible for managing the portfolio of real estates in Hungary.
It also has been pursuing the activities of the former Danubius Beta Hotels Kft. since its merger into the company in October 2005.
(See the list of hotels at the part "Hotels".)
(Registration nr.: Metropolitan Court of Budapest as Court of Registration 01-10-041120)
Gama 45 s.r.o. (Mariánské Lázné, Czech Republic)
Danubius has been the 100% owner of Gama 45 s.r.o. since November 1999. Originally the company was the owner and operator of Hotel Villa Butterfly but after purchasing Lecebné Lázné a.s. the property management and hotel operation activities were separated. Currently Gama 45 is responsible for the management of the properties.
(Registration nr.: 63 99 53 52)
Lecebné Lázné Mariánské Lázné a.s. (Mariánské Lázné, Czech Republic)
Danubius purchased altogether 95.36% stake in the company owning several hotels, spa establishments and springs in 2000 and 2001. Currently Lecebné Lázné is the operator of the hotels and spa houses of Danubius in Marienbad.
(See the list of hotels at the part "Hotels".)
(Registration nr.: 45 35 91 13)
Slovenské Liecebné Kúpele Piestany a.s. (Piestany, Slovkia)
Danubius and its Czech subsidiary, Lecebné Lázné are the 89.96% owners of Slovenské Liecebné Kúpele a.s., spa company in Piestany. The company famous for its thermal springs and mud packings has three balneotherapeutic spa centers and more than 1500 rooms in several hotels in Piestany and Smrdaky.
(See the list of hotels at the part "Hotels".)
(Registration nr.: 34 14 47 90)
Salina Invest SA (Sovata, Romania)
Danubius is the 99.94% owner of Salina Invest, which has 95.86% stake in SC Balneoclimaterica SA.
(Registration nr.: J 26/639/2000)
SC Balneoclimaterica SA (Sovata, Romania)
This company, possessing three hotels with 400 rooms, other properties and spa establishments and the usage right of Lake Medve for 20 years in Sovata, Transylvania, is owned by Danubius Group through Salina Invest SA.
(See the list of hotels at the part "Hotels".)
(Registration nr.: J 26/266/1991)
Hullám Szálloda Közös Vállalat
The hotel operated as a joint venture until 1999 when Danubius Group's interests increased the 53% stake to 100%.
(Registration nr.: Court of Registration of Zala County 20-08-070021)
Preventív-Security Zrt.
Danubius Group's interest has been the owner of Preventív Rt. since June 2000 (presently it owns 78.60%). This company is responsible for the security services of our hotels.
(Registration nr.: Metropolitan Court of Budapest as Court of Registration 01-10-043440)
Gundel Kft.
This company owns and operates the world-famous Gundel Restaurant and its related businesses (Bagolyvár, winery, wine cellars in Mád and Eger as well as trading of items with Gundel trademark). Danubius first bought its ownership in July 2004 and increased it to 100% in August 2009.
(Registration nr.: Metropolitan Court of Budapest as Court of Registration 01-09-073506)
Description of the Organisational Structure
The operation of the Hungarian hotels and the management of properties and lands of most of our hotels belong to Danubius Hotel Operation and Services Pivate Co. Ltd. The operation of the hotels is merged into regional directorates: three of them are in Budapest and two are in the countryside and the two hotels in Pécs operate as an individula unit.
The operation of our foreign subsidiaries is largely independent. The former managers are supported each by a Hungarian colleague and Danubius is represented in the Boards of Directors and in the Supervisory Boards through some appointed Hungarian managers.
The participations of the Danubius Hotels Group listed above are all members of the consolidation sphere. There are some other interests too which are not consolidated due to the low ownership rate of Danubius or the small size of the companies.
