First Germanos i-cafes in Bucharest

Germanos Groups is willing to invest about one million dollars in a network of Internet cafes, called easyEverything, scheduled for opening in Bucharest next year, according to the PR and communication manager of the company, Aggeliki Routoula.

The project is part of a franchising agreement signed by Germanos Group and the London-based Easy Group, which operates some 20 easyEverything centres in Western Europe and the United States of America. “Germanos will open the first Internet cafes in Romania in 2002, and our traffic estimates show that Bucharest is the best location,” Routoula told Ziarul Financiar.

“The start-up investment is estimated at $600,000 but may go as far as $1,000,000.” The total project to include Hungary, Greece, Bulgaria, Romania, Cyprus and Yugoslavia amounts to $5.77 million.

The first such i-cafes will open in Budapest and Athens, where the investment is estimated at $1.31 million. According to the London-based Easy Group president Stelios Hadji-Ioannou, the easyEverything centres attract more than two million visitors per month.