The company operates 24 restaurants under several brands, but in recent years has also tapped into the hotel segment.
“In the next 3-5 years we want to open another 12 restaurants and thus we will be able to reach EUR100 million turnover,” says Dragos Petrescu, City Grill founder.
He adds the restaurant segment will be the main engine of the business. The group aims to also expand beyond Bucharest.
“Beyond Bucharest, the first cities we will go to will be Brasov and Cluj-Napoca and this will happen in 2024-2024”.
The group has budgeted EUR62 million turnover for 2024, up 10%.
(English version by Catalina Apostoiu)