The project will be led by Aurelian Amuraritei, currently head of the group’s Quality Press Department. “It is very important to me that the Realitatea-Catavencu group becomes the first media entity to turn into an integrated platform, based on Western European models,” Amuraritei said.

Realitatea Catavencu owns two TV stations, one radio station, two newspapers, including Business Standard, and several magazines.