World Class opens 6th club in Bucharest following EUR 2.6mln investment

Newsroom 14/12/2011 | 18:08

Swedish fitness chain World Class has announced the opening of its 6th fitness club in Bucharest, and intentions to expand its footprint in the capital and other Romanian cities.

Inaugurated following an investment of EUR 2.6 billion, of which EUR 600,000 went into the equipment, the location represents a Greenfield investment, having been built in collaboration with Upground Estates, and done in cooperation with a Swedish architecture company. The World Class investment part amounted to EUR 1 million.

The club is located at Upground, (9-11 Fabrica de Glucoza St.), spanning on 3,000 square meters, and includes an indoor pool and relaxation area, a large body building room, 250 sqm aerobic studios, a functional training studio, 68 sqm cycling room, massage & spa areas, heated and cold Jacuzzi, steam, wet and dry saunas, a personal training studio as well as other spaces such as reception, showers and cloakroom.

At the moment, World Class Romania has 15,537 members, a figure which has increased by 24 percent compared to last year. In 2012, the company aims to reach 20,000 members.

World Class International is one of the largest fitness chains in Europe, having opened locations in 14 countries in Europe and the Middle East. Romania is the most important country in the region, with 8 opened clubs, of which 6 are in Bucharest. The number of employees working at World Class in total is 150.

The fitness chain aims to launch 2 more clubs in Bucharest, World Class America House (with EUR 800,000 investment) and World Class Titan (with EUR 2.6 million investment).”We also signed for a new club in Floreasca,” said Mikael Fredhorm, CEO of WorldClass International (in picture).

“Bucharest is the highest priority,” he explained.

However, the group is also looking at other cities in Romania, such as Constanta, Brasov, Sibiu as well as Cluj and Timisoara (where the company already has one location in each).

The target World Class customer is aged between 30 and 45, but the chain is working on programs for other categories, such as students and children.

Even though World Class was perceived as a luxury brand in Romania in the past, company officials said the situation in other countries is different, and the vision is changing here as well. “The corporate segment has increased rather much and we wish to open our gates for as many clients as possible,“ said Marius Nedelcu, country manager World Class Romania.
Otilia Haraga 

BR Magazine | Latest Issue

Download PDF or read online: November 2022 Issue | Business Review Magazine

The November 2022 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Samsung Remains Top Consumer Tech Provider on Romanian Market.” Read
Newsroom | 29/11/2022 | 10:17

    You will receive a download link for the latest issue of Business Review Magazine in PDF format, based on the completion of the form below.

    I agree with the Privacy policy of business-review.eu
    I agree with the storage and handling of my data by business-review.eu
    Advertisement Advertisement
    Close ×

    We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

    Accept & continue