Osho restaurant, owned by the Malideros family, will end 2014 with a turnover of EUR 2 million, while a new location will be opened in the near future in Bucharest’s Old Town, according to the owner, Giorgios Malideros, cited by local Wall-street.ro.

At the end of last year, the Malideros family took over the two Osho restaurants in Bucharest from Romanian businessman Florin Radulescu, and so far invested EUR 300,000 in revamping them. The Osho Fish restaurant was renamed Retsina and was renovated and upgraded with a total of EUR 180,000.

The business is managed by Giorgios Malideros, whose family founded the Mega Image retail chain.

Irina Popescu, irina.popescu@romania-insider.com