Category: Uncategorized
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City Grill Group expands in Transylvania through partnership with Marty Restaurants
City Grill Group, one of the leading players in Romania’s HoReCa industry, is expanding into Transylvania via a partnership with Marty Restaurants, with City Grill set to acquire a majority stake. This partnership with Marty Restaurants reflects City Grill Group’s commitment to providing Romanians with quality dining experiences focused on diversity, tradition, and innovation. Under…
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MINA opens immersive art center in Cluj-Napoca
MINA, the Museum of Immersive New Art, will inaugurate a new permanent space in Cluj-Napoca on November 1 in a modernized industrial building with a total area of 4,000 sqm. The concept launched in Bucharest in 2023 and welcomed over 300,000 visitors in its first year. “MINA Cluj will be a reference center for digital…
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President of FC Barcelona inaugurates football academy in Bucharest
The president of FC Barcelona, Joan Laporta, was present on Tuesday, October 8, in Bucharest at the Arcul de Triumf Sports Complex for the inauguration of the Barcelona Academy. The club official’s presence in Romania surprised attendees, as Laporta had already attended the retirement of legend Andres Iniesta in Spain the same day. In Bucharest,…
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Romanian painter Adrian Ghenie honors Egon Schiele in Vienna exhibition
Romania’s renowned painter Adrian Ghenie honors Egon Schiele, one of expressionism’s most important visual artists, with a special exhibition set to open on October 11 at the Albertina Museum in Vienna. Based on a concept originated by Ciprian Adrian Barsan, the show envisions a return of Schiele’s lost works, known only from black-and-white photographs. According to…
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Norofert plans to raise RON 15 mln with 5-year bond at the Bucharest Exchange
Romania’s supplier of organic inputs for agriculture, Norofert, announced plans to issue RON 15 mln (EUR 3 mln) of 5-year unsecured, nonconvertible bonds. The company intends to use the funds for investments in irrigation at the Zimnicea farm and for investments aimed at expanding its activities in external markets where it operates. Another 5-year Norofert…
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Romanian coffee shop chain TED’s in talks with investment funds
The founder of coffee shop chain TED’s Coffee has initiated exploratory talks with several investment funds to sell a 30%-60% stake and later launch an aggressive expansion plan, according to Profit.ro. “The goal is to accelerate the expansion. We are discussing several options for giving away between 30 and 60% of the business. We are…
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Romanian minister says EdF and Itochu interested in EUR 1 bln pumped hydropower plant project
The companies Itochu from Japan and EdF from France are interested in the Tarniţa-Lăpuşteşti pumped-storage hydropower plant project and are willing to carry out the feasibility study at their own expense and then carry out the design and execution of the plant to the end, announced the minister of energy Sebastian Burduja. He admitted that…
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NGOs protest Romanian Constitutional Court’s decision to invalidate presidential candidate
Several non-governmental organizations, including members of the “Citizen NGOs” Coalition, issued a joint statement protesting against the decision of the Constitutional Court to invalidate the presidential candidacy of far-right politician Diana Sosoaca, saying it calls into question the very essence of the democratic system in Romania. “In a democratic country, the opposition must be defeated…
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Romania’s junior ruling Liberal party not to side with opposition in no-confidence vote against government
The junior ruling Liberal party PNL will not join the opposition’s motion to overthrow the government controlled by the Social Democrats, PNL president and presidential candidate Nicolae Ciuca stated on October 8. He previously blamed the senior ruling partner of authoritarianism. Nicolae Ciuca has thus turned down the invitation launched by the president of the…
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Romanian non-profits issue manifesto outlining measures needed for cultural heritage protection
More than 60 non-governmental and professional organizations and specialists have signed a manifesto for the protection of cultural heritage in Romania. The document asks the central and local authorities for five urgent measures to improve the legal framework and to capitalize on cultural heritage. The adoption and application of European quality standards in the practice…