Sphera Franchise Group, the largest food service group in Romania, announced consolidated sales of RON 745.2 million (€150.3 million) for H1 2025, marking a slight increase of 0.7%.
Sphera Franchise Group reported consolidated sales of approximately €72.52 million (RON 362.6 million) in Q1 2025 across its network of fast-food restaurants.
Public food service company Sphera Franchise Group has earmarked approximately RON 100 million (around €20 million) for investments in 2025.
Significantly improved profitability for KFC Romania, which achieved a net profit of RON 100.2 million (+15.5%), and Taco Bell, which increased its net profit almost six times
On a monthly basis, Sphera restaurants in Romania serve over 4 million consumers.
Normalized net profit increase of 66.3% compared to 9 months 2023, to RON 71.4 million, almost 90% of the normalized profit of the entire previous year.
Restaurant operating profit of RON 87.8 million, +44.8% YoY in H1, with high double-digit increases for Taco Bell, KFC Romania and KFC Moldova.
Carmistin The Food Company has secured financing of approximately €500 million to continue investments in agriculture and the food industry through a partnership with a bank syndicate.
Romanian construction company Bog'Art has published its 2024 Sustainability Report, marking the second year the company voluntarily reports on its ESG performance.
Fitch Ratings has affirmed its Long-Term Issuer Default Rating of BBB- with a negative outlook for Romanian state-owned nuclear power company Nuclearelectrica.
Nyerges & Partners advised Jinko Power Technology on its entry into the Romanian market through the acquisition of a 50 MW photovoltaic plant combined with a 150 MWh battery energy storage system (BESS) in Olt, southern Romania.
Griffes has leased 6,000 sqm of office space in Unirii View, one of Bucharest's Class A office buildings. Of the total space leased, 2,000 sqm represents new tenants, while three existing tenants expanded their operations.