Coffee Republic signs deal in Romania
Friday, May 18, 2007
Coffee Republic, the independent coffee and deli bar operator, has reached an agreement with Krruss Holdings for the Coffee Republic Deli franchise rights for Romania. The agreement gives Krruss the right to develop Coffee Republic delis and recruit franchisees to operate Coffee Republic delis in Romania.
The chief executive of Krrusss, Salim Thava, has extensive retail and property interests in Romania.
Steven Bartlett, chief executive of Coffee Republic, said: “We are extremely pleased to announce the International Franchise Agreement for Romania. Salim Thava has vast experience in the Romanian retail sector and has exciting plans for the growth of the Coffee Republic brand in Romania.
“We have now completed three international franchise deals and are at an advanced stage of discussions with further territories.”
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