City Grill owner Dragos Petrescu looking to expand to the hospitality industry, buy several hotels

Dragos Petrescu, the owner of City Grill restaurant chain in Bucharest, is negotiating the takeover of two boutique hotels in Bucharest. The businessman told Business Review that the expansion of his business into the hospitality industry is inevitable and that a transaction is expected next year. “We know for sure thay we want to enter this industry. We consider it an extension of our current business. We are ...

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