The increase was supported by the expansion with 140 new coffee shops, to over 450 units overall, spread nationwide in not less than 90 cities, which also reflects the 48.7% market share on Romania’s coffee shop chain segment for 2021.
It’s not easy to keep up the growth pace, but in 2022 we managed to break our own records and set new benchmarks for the coming years. Now, 8 years after the launch of 5 to go on the Romanian market, we are a team of over 230 entrepreneurs, with more than 1.050 employees at group level, figures we deemed as hard to reach when we started this business with just 3 people confident in the unique idea behind the first coffee shop. But what makes me happiest is that we’ve become and remained a Romanian brand appreciated both locally and internationally,” says Radu Savopol, 5 to go co-founder.
For the current year, the company plans to maintain its expansion pace at 150 new coffee shops and reach a 55% market share.
Turnover is expected to reach EUR40 million at group level and the number of employees is forecast to rise to over 1,500.
“2023 is for us the year of maturation as 5 to go is transitioning to a multi-channel brand. More than that, 5 to go products are becoming known abroad, where we are already present in four countries and plan to enter the fifth,” says Radu Savopol.
(English version by Catalina Apostoiu)