Romanian franchise market to double in five years

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Read the original at Global Franchise
Romanian franchise market to double in five years

TL;DR

The Romanian franchise market is set to double over the next five years, with 400 business concepts currently making up the €3bn market. Around 60% of franchises in Romania are international brands.

The Romanian franchise market is set to double over the next five years, according t0 the Ziarul Financiar of romania-insider.com.

Some 400 business concepts make up the present franchise market in Romania, which is worth € 3bn. Scaling up through franchising is a popular method of growth in the country. Around 60% of franchises are international brands.

Paul Voicu, managing partner franchise consultants francize.ro, said, “There is room for growth in all sectors, but the preferred areas are HoReCa and services, where the growth is faster.”

In this story

This story was originally published by Global Franchise Team in Global Franchise on October 24, 2017. Burnaze summarizes and links to the original reporting.

Read the full story at Global Franchise

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