The increase is due to opening new units in 2017 and to investments in older units.
City Grill Group, held by entrepreneur Dragos Petrescu, includes brands Caru’ Cu Bere, Hanu’ lui Manuc, Pescarus, Hanul Berarilor, Trattoria Buongiorno, City Grill and City Café. In 2017, the company opened two restaurants, Trattoria Buongiorno Centrul Istoric (Old Town) and Trattoria Buongiorno Arena, and carried out investments in refurbishments and the introduction of new dishes in the menus of the Pescarus and Hanu’ Berarilor restaurants.
In January-June 2018, the group carried out investments in refurbishing the inside of the Pescarus restaurant, a project worth EUR300,000, and started the construction of an additional space to Hanu’ Berarilor–Casa Soare (The Sun House) restaurant. The project has a budget of EUR1.5 million and entails the construction of an events hall for 180 people and an operational space for the kitchen.
The overall investment budget for 2018 is EUR4.5 million and targets refurbishment projects, operational purposes, the City Grill Academy and technological projects.