Calin Ionescu, the company’s CEO, says the focus will be on adding drive-thru units.
For 2024, the company has budgeted RON69 million investments aimed at opening new restaurants and refurbishing some existing ones. The company plans to develop six drive-thrus in 2024. These will be related to KFC brand.
Calin Ionescu expects revenues to rise by around 12% this year amid current and recent expansion.
Sphere Franchise Group ended 2023 with overall sales of RON1.47 billion, up 11% from 2022. The group’s net profit reached RON80 million, after an 80% advance.
(English version by Catalina Apostoiu)