RESTAURANT
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City Grill Owner Hopes for EUR40M Revenue in 2019
The City Grill group, one of the most powerful actors in the restaurant industry in Romania, will end the year with EUR36 million revenue and has budgeted double-digit growth for next year.
Restaurant, Bar and Catering Companies in Bucharest Posted RON4.7B Revenue in 2017
The companies operating on the restaurant, bar and catering services market in Bucharest posted 4.7 billion lei (over EUR1 billion) revenue and total net profit of half a billion lei last ye...
Sphera Franchise Group Seeks To Double Network Of Restaurants To 242 By 2022
Sphera Franchise Group has 131 restaurants under a number of brands on several markets and wants to have almost double as many by 2022 or 242 in all.
Poiana Brasov Only Sees RON100M Revenue From Hotels And Restaurants
Poiana Brasov, one of Romania’s mountain resorts in highest demand during winter, had 22 hotel companies operational last year, which generated some 91 million lei (EUR19.5 million) revenue,...
Peeraj Group Buys 75% In Calif-Condimental, Steps Up Expansion
The largest holder of fashion franchises in Romania, Arab-held Peeraj group, has acquired 75% in Calif-Condimental restaurant chain and seeks to double the network to at least 16 restaurants...
Poland’s Pizza Dominium Exits Romanian Market
The Pizza Dominium pizza restaurant chain held by a Polish group by the same name has left the Romanian market after having closed all its restaurants in this country, former CEO of the comp...
Piata Victoriei, Bucharest’s Second Biggest Restaurant Hub
Piata Victoriei area in Bucharest is home to 25 to 30 restaurants, cafés and bars generating EUR10 million to EUR15 million revenue, according to ZF estimates.
Pizza Hut Delivery Invests Over EUR280,000 In New Unit In Cluj-Napoca
The Pizza Hut Delivery restaurant chain is continuing its expansion across Romania and is opening its second unit in Cluj Napoca, following an investment of EUR285,000. Pizza Hut Delivery ha...
Sphera Franchise Group Opens Third Taco Bell Restaurant In Bucharest
Sphera Franchise Group, the largest group in Romania’s food service field, will be opening its third Taco Bell restaurant in Romania, on Thursday (July 12), within Bucharest-based ParkLake S...