FRANCHISE
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Romania’s Franchise Market Up To EUR1.9B In 2015
Most sought after sectors for franchises are food&beverage, coffee shops and services, especially fitness or those that promote a healthy lifestyle.
Kenvelo Drops Franchised Brands, Focuses On Core Business
The Kenvelo group, which holds several fashion brands, decided to drop the Brioche Doree (coffee shops) and Mim (fashion) franchises as of October 1, to focus on its core business for the ti...
Malta’s Premier Capital Takes Over McDonald’s Operations In Romania
US-held fast-food restaurant chain McDonald’s, which entered the Romanian market directly in 1995, has sold the local operations to Malta’s Premier Capital. Premier Capital holds the franchi...
How Brokers Came To Dominate Sales Of Insurance Policies
Development by franchising, which is less costly than opening their own offices, has allowed insurance brokers to cover the entire country and eventually handle almost two thirds of the gros...
Franchised McDonald’s Restaurants Perform 9% Better Than Directly Operated Ones
The seven franchised restaurants McDonald’s has in Romania posted average revenue of 7.7 million lei (EUR1.74 million) last year, 7% to 9% higher than that of restaurants directly operated b...
New Look Fashion Brand Leaves Romania
British fashion brand New Look, introduced in Romania as a franchise, has decided to leave about four years after the opening of its first store in the country.
Debenhams Returns To Romania Under New Franchisee
British retailer Debenhams has returned to the Romanian market, under the same, franchise, system, after an almost two-year break, with a store in Vitan Mall. The new franchisee wants the av...
AmRest Buys Starbucks Franchise In Romania And Bulgaria For EUR16M
Polish restaurant operator AmRest Holdings on Friday announced it acquired the franchise of Starbucks coffee shops in Romania and Bulgaria, in a transaction estimated at EUR16 million.
Dona Pharmacy Network Eyes Independent Pharmacies, Mini-Chains, But Also Franchises For Expansion
The pharmacy network is interested in acquiring independent pharmacies and mini-chains for expansion this year, but also considers the franchise system. However, the latter project is in its...