06.02.2022

French hotel group Accor has recently signed a franchise agreement with local company Leader D.G.S. Construct for the opening of an ibis Styles hotel in the town of Fagaras. more

05.13.2022

Sphera Franchise Group (SFG.RO), the operator of the KFC, Taco Bell and Pizza Hut brands in Romania, said in a stock market report on Friday that it ended the first quarter of 2022 with sales of more

03.24.2022

Sphera Franchise Group (SFG.RO), the operator of the KFC, Taco Bell and Pizza Hut brands in Romania, has budgeted restaurant sales of over EUR266 million for 2022, higher by 33% than in 2021, of which more

02.24.2022

Sphera Franchise Group (SFG.RO), the operator of the KFC, Taco Bell and Pizza Hut brands in Romania, ended 2021 with consolidated sales of over RON1 billion, up 41% on the year, with sales in Romania more

02.07.2022

Shareholders of Sphera Franchise Group (SFG.RO), the operator of the KFC, Taco Bell and Pizza Hut brands in Romania, on Friday approved a new Board of Directors, with mandates until May 30, 2023, and more

02.07.2022

Shareholders of Sphera Franchise Group (SFG.RO), the operator of the KFC, Taco Bell and Pizza Hut brands in Romania, on Friday approved the distribution of a gross dividend of RON0.9021 per share, more

12.29.2021

Sphera Group (SFG.RO), owner of KFC, Pizza Hut and Taco Bell franchises in Romania, and of KFC restaurants in Chisinau (Republic of Moldova) and Italy, announced in a stock market report on Wednesday more

12.23.2021

Footwear brand Bata exits Romania after almost two decades. The franchisee, entrepreneur Eugen Paturan, has recently closed down the last three stores. more

12.13.2021

Restaurant chain Maison des Crepes, launched in 2016 by Valentin and Ruxandra Strugaru, is expanding with four franchise units in the cities of Buzau, Bucharest, Ploiesti and Iasi, in partnership with more

11.15.2021

Sphera Franchise Group, owner of KFC, Pizza Hut and Taco Bell franchises in Romania, in the first nine months of this year reported profit worth RON28 million, against a RON4.7 million net loss in the more

09.28.2021

Irinel Popescu, Retail Director at Metro Romania, will become the company’s new Franchise Director, a newly established position under the direct coordination of the company’s General Manager more

09.28.2021

Sphera Franchise Group, owner of KFC, Pizza Hut and Taco Bell franchises, brought 112 workers from Sri Lanka to Romania in the first half of 2021 to set off the domestic workforce shortage. more

08.31.2021

Sphera Franchise Group (SFG.RO), the operator of the KFC, Taco Bell and Pizza Hut brands in Romania, reported consolidated sales of RON444.5 million in the first six months of 2021, up 46% on the more

08.24.2021

Sphera Franchise Group (SFG.RO), the franchise operator of KFC, Pizza Hut and Taco Bell restaurants in Romania, will benefit from the Issuer's Market Maker (IMM) services provided by BRK Financial more

08.11.2021

The local subsidiary of Dutch-held retailer Used Products, which sells new and used products, will open its second franchised store in the country, in Timisoara, in October, following a more than more

06.22.2021

Barrier, formerly Electric Plus, plans to open eight new franchises under this name by yearend. The company makes PVC window and door trim in Bacau. more

06.02.2021

Sphera Franchise Group (SFG.RO), the company operating in franchise system the brands KFC, Pizza Hut and Taco Bell in Romania, reaches a network of 88 KFC restaurants in Romania, with the opening of a more

04.29.2021

Sphera Franchise Group, the company operating in franchise system the brands KFC, Pizza Hut and Taco Bell in Romania, targets restaurant sales of over EUR230 million in 2021, higher by 63% than the more

04.05.2021

Former McDonald’s Romania chief executive officer and minority shareholder Daniel Boaje has bought the McDonald’s franchise for ten restaurants in Austria from entrepreneur Dietmar Kuhn. more

03.31.2021

Franchised store chain LaDoiPasi, developed by Germany’s METRO Cash&Carry, continues its expansion process, reaching over 1,470 proximity stores across Romania. more

03.29.2021

Razvan Stefan Lefter, member of the board of directors of Sphera Franchise Group (SFG.RO), has bought 11,000 company shares for a total of RON168,300, the company said in a market report Monday. more

03.04.2021

Fornetti Romania, one of the largest actors on the pastry market in the country, is looking at development opportunities through franchising especially in the big and medium-sized cities and in more

11.11.2020

Sphera Group (SFG.RO), which manages restaurants under the KFC, Pizza Hut and Taco Bell brands in Romania and develops the KFC brand in the Republic of Moldova and Italy, continues to expand the Taco more

11.05.2020

Bacau-based PVC trim, window rolling shades and garage door manufacturer Electric Plus now has 43 franchised Barrier stores in Romania, after having closed two in the past month. It is also due to more

10.14.2020

The Romanian unit of Dutch retailer Used Products, specialized in the sale of new and pre-used products, reported a turnover of over half million euros in January-September 2020, double compared with more