World Class acquires Stay Fit Gym Oltenitei in Bucharest

World Class took over Stay Fit Gym Oltenitei, part of a local fitness network owning 4 clubs in Bucharest, and reached 36 health&fitness clubs,  32 of them beeing active.

The Stay Fit Oltenitei Gym club, situated on 4A Olteniței Avenue, near the subway station Eroii Revolutiei, will become World Class Eroii Revoluției, the 32^nd World Class club in the country and the 25^th in Bucharest.

Only 7.5 percent of Romanians exercise at least two and a half hours a week , according to Eurostat data and this percentage places Romania on the last place in Europe, in a top dominated by the Nordic countries (Finland comes first with 53 percent).

”By acquiring Stay Fit Oltenitei, we extend our network of services and provide new benefits to our members who will be able to exercise closer to home and work. It is a good location that strengthen our health & fitness network in the Oltenitei area. This new move represents a step forward into our mission to motivate and inspire Romanians to be more active, in order to enjoy a healthier lifestyle, by this acquisition. We are proud of our team of health & fitness experts and we are equally proud of our growing #BeHealthy movement and now we will reach out to more people in Bucharest. Together we demonstrate that Romania can be a healthier and happier nation through health and fitness. Strategically located in a highly residential area, the new World Class Eroii Revoluției is a new opportunity to make our health & fitness services accessible to more and more Romanians”, said Kent Orrgren, World Class Romania CEO.

The new World Class club was be inaugurated on September 28 and will be included in the Bronze category. World Class members will enjoy ultra-modern facilities, high ceiling on an area of ​​1,200 sqm with cycling, aerobic, Cross Fitness studios and a generous training room equipped with state-of-the-art equipment.

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World Class Romania has almost 60.000 members and it is owned by Resource Partners, CEE private equity fund, supported by several institutional investors. The fund focuses on investments projects in Romania, Poland and other EU countries in Eastern Europe.