 In 1888, the Binz Baltic Sea Resort Company ("Aktiengesellschaft Ostseebad Binz") was founded, which in 1890 opened the first spa house, the "Kurhaus Binz" and went bust in 1891.In 1892 Binz was elevated to the status of an independent rural municipality.Around 1896, the "Bräunlich" shipping company linked the settlements of Stettin, Binz and Sassnitz.