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Entries in Romania (2)

Thursday
May182017

As More Romanians Work Out, One Pioneering Club Chain Leads the Pack

At first glance, the Swedish and Romanian health and fitness landscapes don’t appear to have much in common. Competition is fierce among health clubs in Sweden, and consumers have high expectations as a result. Romanians, however, are in the earlier stages of incorporating fitness—and health clubs—into their lives. 

Despite these disparities, Kent Orrgren—who has managed clubs in both markets—sees more similarities than differences.

Continue reading "As More Romanians Work Out, One Pioneering Club Chain Leads the Pack."

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Monday
Mar242014

Equity firm buys part of World Class in Romania

A majority stake in World Class in Romania, a chain of 11 clubs, has been bought by a privaty equity firm.

Resource Partners made its first invesrtment in Romania. There are plans to expand the number of clubs.

“We believe in the company’s growth and consolidation potential in Romania, both in Bucharest and other cities,” said Dan Farcasanu, the fund’s investment director, in Businss Review Europe.