Nicolae Grigorescu’s painting “Tarancuta cu basma alba” (Peasant Girl with White Headscarf) was sold in the Artmark’s Autumn Auction for the sum of 350,000 euro on Wednesday night, becoming the artist’s best-selling work, according to a press release of the auction house. The work comes from the collection of magistrate Lazar Munteanu (1869 – 1951), grandson of collector Iancu Kalinderu. Magistrate Lazar Munteanu was one of the most important collectors of the period between the two world wars. He was president of the Constanta Court, secretary general of the Justice Department and Judge at the Court of Cassation. Grigorescu remains the best-selling Romanian artist, after setting another record of the art market in December 2016 with the painting “Tarancute de la fantana” (Peasant Girls at the Fountain), sold for 320,000 euro. The Artmark’s Autumn Auction saw total sales of 1,632,850 euros, with a sale rate of 81pct, Agerpres informs.
Sebastian Burduja, adviser to prime minister Ilie Bolojan and former minister of energy, warned of the security impact of the sale of major dairy Napolact to a group owned by a businessman close to the Hungarian prime minister Viktor Orban, according to
Romania could face energy poverty or even blackouts if coal-fired power plants are shut down before new gas-fired facilities at Iernut and Mintia are completed, energy minister Bogdan Ivan said in an interview with Digi24 on September...
Premier Energy (BVB: PE) has signed an agreement to acquire a 51% controlling stake in Iberdrola Renovables Magyarország, the Hungarian subsidiary of Spain’s Iberdrola. The company owns five operational wind farms with a combined installed capacity of 158 MW, commissioned between 2008 and 2010 in northwestern Hungary, one of Central Europe’s strongest wind regions. The […]
Prime minister Ilie Bolojan set up a committee to follow the pre-insolvency procedures at steelmaker Liberty Galati and its pipemaker subsidiary, Liberty Tubular Products Galati, controlled by billionaire Sanjev Gupta, and protect the rights of the tax collection agency ANAF and Exim Banca Romaneasca as the largest creditors,
Grampet Group, active in railway transportation, through its newly established subsidiary Biturom, has opened the largest bitumen melting capacity in Romania, according to Economica.net. The new facility, designed to deliver liquid bitumen for road construction projects in Romania and the Republic of Moldova, was opened on the industrial platform Rafo Onesti. ...
Romania plans to issue Samurai bonds and contract loans from multilateral banks such as EBRD or EIB to finance other green projects, finance minister Alexandru Nazare said at the CES ESG Conference 2025 in Bucharest on September 18. The country has already issued almost RON 10.8 billion (EUR 2 billion) in green bonds, allocated to […]
