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Large Groups Take over More and More Local Business in HoReCa
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Economic uncertainty accelerates the strengthening of the hospitality industry. Strong groups buy local business and expand in other cities, notes Anita Huzum. The pace of closure of restaurants and the lack of predictability changes the structure of the HoReCa market. Independent businesses face increasing difficulties in cost management. In parallel, groups with larger financial and operational resources look for expansion opportunities. They …
·Bucharest, Romania
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