Flavours Group posts close to €17 million in turnover during 2024

Business Forum
Flavours Group, an operator of event catering and premium restaurants within office buildings and educational institutions, has announced a 21.7% increase in year-on-year turnover to €16.8 million in 2024.

Last year, Flavours invested over €1 million in new locations within office buildings and educational institutions. Key projects included a partnership with Transylvania College to launch the first Stradale Carnivale restaurant in a school in Cluj-Napoca, a €350,000 investment. 

Other notable openings were new Stradale locations in Bucharest's U-Center and Equilibrium buildings, and Emerson in Cluj-Napoca, alongside renovations and the opening of Mitzu Café at Bucharest Business Park.

"The accelerated growth motivates us to carry this vision forward into 2025, with an experience that is hard to replicate and a real advantage over classic cafeteria solutions," stated Raluca Țeposu, Founder of Flavours Group.

To support this expansion, Flavours Group increased its team by 27% to 400 employees in 2024. Looking ahead, Flavours Group plans further strategic expansion in 2025, with an estimated 25% increase in turnover

Initial investments in Q1 2025 include a €150,000 allocation for the new Stradale SnackAttack restaurant in Bucharest's Europe House, focusing on an Asian concept. Seven additional projects are slated for the rest of the year, including event-focused locations and further expansion in the educational and corporate sectors.

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