The profit is expected to remain relatively stable, at RON12 million, considering the inflationary pressure.
The group, established 17 years ago, has budgeted investments of RON5 million for 2022, which is 67% higher than the level in 2021. Also, the budget is over threefold higher than in 2020, the first year of the coronavirus pandemic.
Fratelli Group, operated through several entities, plans to reach a team of 330 people at end-2022, 60 more than in 2021.
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.