Nestle tackles coffee shop market again, with openings in Bucharest and Craiova
Swiss-based Nestle, the biggest player on the instant coffee
market with Nescafe, has announced it will open two coffee shops in
central Bucharest and Craiova in the coming period, which will be
operated by older partners of the producer.
Investments in these projects can be estimated at around one
million euros and amount to the Swiss company tapping once again
into the coffee shops market, two years and a half after giving up
three locations in Bucharest.
The company's partners in the expansion of the Nescafe coffee shop
chain are Greek-based Dyonissos Group and Biologistics, a
Craiova-based distributor of Nestle Professional coffee vending
machines.
Dyonissos Group has also been operating the Nescafe coffee shop in
Băneasa Shopping City mall in Bucharest for around two and a half
years, while Biologistics has been distributing Nestle coffee
vending machines in six counties in southern Romania since
2004.
In Bucharest, the Café Nescafe chain will open shops in Piaţa
Romană, a highly central area where rent is around 40 euro per
square metre, which amounts to a renewed offensive of the Swiss
company on this segment, after in 2008 it gave up two central
locations in Unirea Shopping Center and Bucureşti Mall and a shop
in Plaza Bucureşti mall held by Anchor Grup.