Gioma Restaurants is to open a Gaucho Grill in London's Sloane Avenue in November and a Down Mexico Way restaurant in Manchester at the beginning of next year. Six restaurants are currently under construction and four more are in the planning phase.

Last week Gioma opened its seventh UK restaurant, a 120-seat Gaucho Grill at Canary Riverside in London.

In the six months ended 30 June 2000, the company's turnover reached £10.9m, compared to £2.2m last year. Pre-tax profits rose to £804,000 from £98,000. The increases reflect Gioma's purchase in November last year of 23 restaurants in The Netherlands and Switzerland.

At the end of June, Gioma had 30 restaurants in three countries: five in the UK, 18 in Holland and seven in Switzerland û 28 were Gaucho Grills and

two Down Mexico Ways.

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