The network at end-2022 had 20 units, of which five opened in a franchise system.
Magnolia in 2022 bought Floridelux.ro company from entrepreneur Marius Dosinescu, in a deal completed this year.
Magnolia group turnover revolved around RON74 million in 2022 and for 2023 the company targets 10% growth. The number of employees stands at almost 200.
(English version by Catalina Apostoiu)