Thursday, 5 February 2026
Dragoș Petrescu, owner of the City Grill group, has completed the acquisition of the historic buildings in the center of the capital where the Gambrinus Brewery and the Monte Carlo restaurant used to operate.
The acquisition of the former Gambrinus Brewery aims to launch a new concept, which will keep the historical imprint but not the original name. Petrescu emphasized that the goal is to create a “cool” and attractive space for young people. A similar strategy has been applied to the former Monte Carlo restaurant in Cișmigiu Park, which will be acquired and temporarily operated in 2025 under the pop-up brand “N/A – Not Available”, and will be inaugurated in 2026 under a permanent concept.
For the year 2026, City Grill has allocated an investment budget of EUR 7 million, which also includes the completion of the renovation of the Cerbul Carpatin restaurant in Brasov.
The City Grill Group ended 2025 with revenues of around €90m, showing a nominal increase of 6.5-7% on the previous year.
