More
    HomeBusiness & InvestmentsEntrepreneursCity Grill Group estimates turnover of 60 million euros for 2024, has...

    City Grill Group estimates turnover of 60 million euros for 2024, has budgeted investments of over 20 million euros

    Published on

    City Grill Group, one of the most important Romanian restaurant groups in the local market, celebrates 20 years of activity in the hospitality industry in Romania.

    City Grill Group started in 2004 with the opening of the City Grill restaurant in Primăverii and 50 employees. Currently, City Grill Group includes 10 brands and 24 restaurants.

    “Twenty years ago, I set out to develop a business in the restaurant market in Bucharest where I could make a difference, set the tone, and set the standard. Together with a solid team, I have succeeded not only in achieving this goal but also in maintaining our top position, remaining the most important local restaurant group, building durable brands loved by the public and recognized internationally,” says Dragoș Petrescu, Founder and President of City Grill Group.

    Restaurants that are part of the City Grill Group, such as Caru’ cu Bere, Hanu’ lui Manuc, Pescăruș, Hanu’ Berarilor, City Grill, and Buongiorno Italian, are reference destinations for the Bucharest public, as well as nationally and internationally.

    Recently, City Grill Group has completed several major investment projects, including the modernization of the Hanu’ Berarilor – Oprea Soare restaurant and the opening of two hotels under the La Boheme brand, as well as the renovation of some locations in the Buongiorno network.

    For this year, City Grill Group estimates a turnover of 60 million euros and has budgeted investments of over 20 million euros in its portfolio restaurants, as well as in development in the restaurant and hotel segment.

    Latest articles

    Electroalfa International expands nuclear expertise by completing the acquisition of Elcomex

    Electroalfa International, a leading Romanian manufacturer of electrical equipment and provider of EPC services...

    Schneider Electric launches Schneider Boost Pro, an intelligent energy storage solution for commercial and industrial buildings (P)

    Schneider Electric is expanding its portfolio of energy transition solutions with Schneider Boost Pro,...

    Sphera Franchise Group appoints Ioana Barbu Florea as Communication Director

    Sphera Franchise Group, the largest food service group in Romania, which owns the companies...

    AQUILA initiates the merger by absorption process of Parmafood Group Distribution

    AQUILA, one of the largest distributors of fast-moving consumer goods in Romania, has approved...

    More like this

    Electroalfa International expands nuclear expertise by completing the acquisition of Elcomex

    Electroalfa International, a leading Romanian manufacturer of electrical equipment and provider of EPC services...

    Schneider Electric launches Schneider Boost Pro, an intelligent energy storage solution for commercial and industrial buildings (P)

    Schneider Electric is expanding its portfolio of energy transition solutions with Schneider Boost Pro,...

    Sphera Franchise Group appoints Ioana Barbu Florea as Communication Director

    Sphera Franchise Group, the largest food service group in Romania, which owns the companies...