Vatsak Confectionery House is opening its first store in Bucharest, Romania’s capital.
The company told Interfax-Ukraine that the 55-square-meter store will open in early July, and that renovation and recruitment are currently being completed. The store will be opened under a franchise.
According to Vatsak’s website, the franchise fee is EUR 15 thousand, with a 1% royalty for the first eight months and 3% thereafter.
Vatsak Confectionery was founded in 2001 and is owned by Gennadiy Vatsak. At the beginning of 2024, the chain had 995 stores in Ukraine, Poland, Slovakia, and Moldova. Revenue for 2023 amounted to UAH 798 million 596 thousand, which is 63% higher than in 2022.
