The business would thus head toward EUR900 million in 2022, in line with ZF calculations based on company data.

The group operates locally under five brands, Inmedio, So! Coffee, Relay, 1 Minute and Hub Convenience, having 290 units overall. Its Turnover hit RON644 million in 2020, down 17% year-on-year.

The group will see turnover top expectations and even the 2019 level in 2021. “For us, 2021 has been a better-than-expected year. Overall, in terms of turnover, we will top the 2019 level, but the sales mix is different,” says Marius Vacalau.

(English version by Catalina Apostoiu)