RESTAURANT
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SHC Restaurant Group Buys Vacamuu Steakhouse
The SHC restaurant group, one of the main actors in the local hospitality industry, controlled by entrepreneur Radu Dumitrescu, is taking over the Vacamuu steakhouse in Floreasca. The actor...
Fast-Food Chain Fryday To Grow To 8 Restaurants By End Of 2023
Romanian-held fast-food chain Fryday will grow to eight restaurants by the end of November, in only four years after opening. Its founder, Suceava entrepreneur Lucian Florea expects EUR5 mil...
Caru’ Cu Bere Restaurant Overshoots EUR10M Sales Mark in 2022
Caru’ cu Bere restaurant in Bucharest saw record high sales of more than EUR10 million in 2022.
Submarine Burger Opens Two Restaurants in Bucharest in EUR1.5M Investment in 2022
Croatian-held Submarine Burger, which specializes in vegan burgers, opened its first two restaurants in Bucharest this year, following EUR1.5 million investments and will open the third earl...
Taco Bell to Open New Restaurant In Craiova, Grows to 15 Restaurants In Romania
Taco Bell, a Mexican-inspired restaurant chain, part of the Sphera Franchise Group, which has been present on the local market for five years, will open its fifteenth location this year at t...
McDonald’s Revenue Rises 38% to EUR110M in H1
McDonald’s posted almost EUR110 million revenue in the first half, an increase of 38% on the year-ago period.
Poland’s Amrest Group Expanded Romanian Network with Two Restaurants in H1
Poland’s Amrest group expanded its Romanian network with two locations, a Burger King restaurant and a Starbucks coffee shop for a total of 62 in the first half.
Sphera Franchise Group to Pay RON35M Dividends
Sphera Franchise Group (SFG.RO), the operator of the KFC, Taco Bell and Pizza Hut brands in Romania, has approved the proposal of its Board of Directors to disburse more than RON35 million d...
Romanians Spend More Than RON2B on Fast Food a Year
The restaurant market went down to less than RON10 billion in 2020 compared with RON14 billion in 2019. The fast-food segment accounted for some 20% to 25%.