Sphera Franchise Group has acquired the franchise rights for wagamama, the pan-Asian restaurant brand, to develop the concept in Romania. The franchise will be implemented through a newly established company wholly owned by Sphera Franchise Group.
Restaurant technology startup Choice has secured €6.6 million in new funding and is accelerating its expansion across CEE, including Romania, where it entered in 2025.
Premier Restaurants Romania, the operator of McDonald's in Romania, has reached a new milestone with the opening of its 110th restaurant, reaching a total headcount of over 7,000.
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.
Romanians spent a combined €6.2 billion on dining out last year, a figure more than quadruple the amount spent a decade ago, with average spending at €830 per family in 2024, according to a Colliers report.
The new restaurant is franchised and located after the airport check-in area. In May, Hesburger announced its entry in Romania with the opening of a restaurant in Râmnicu Vâlcea.
Sphera Franchise Group, Romania's largest food service group, reported consolidated sales of €75.6 million in Q1 2026, up 4.2% compared to the same period last year. Growth was driven by the return to positive performance of KFC Romania and the strong evolution of Taco Bell.
Hidroelectrica signed a €188.5 million contract for the refurbishment of Râul Mare Retezat Hydropower Plant. The project aims to modernize and improve the efficiency of the company's generation capacities.
E.ON has successfully issued two tranches of green bonds worth €1.3 billion, bringing its total funding since the beginning of the year to €4.3 billion.