The group ended 2022 with RON78.5 million turnover, up 32% from 2021.
Fratelli wants to invest RON5 million this year, with the sum being flat from 2022, but 67% higher than the 2021 one.
“We have many ideas and projects, we do not want to stop here, but the times we are living in have taught us to be more careful about long-time planning,” says Dani Caramihai, CEO and founder of Fratelli Group.
The group did not open any new units last year.
The Fratelli business was launched on the Romanian market over 15 years ago by four Romanian entrepreneurs: brothers Liviu Popescu and Mihai Popescu and cousins Dani Caramihai and Nicu Mergeani.
Fratelli now has seven restaurants and seven clubs. All restaurants are directly operated by the group, while some of the clubs are opened in the countryside by franchise partners, in the cities of Constanta, Timisoara and Iasi.
(English version by Catalina Apostoiu)