Restel

Last updated

Restel
Owner Tradeka-Yhtiöt Oy
Subsidiaries Restel Fast Food Oy
Restel Casual Oy
Restel Ravintolat Oy
Restel Mexican Food Oy
Restel Fresh Food Oy

Restel Oy is a Finnish restaurant company belonging to Tradeka Group.

Contents

Until summer 2017, the Restel Group owned a total of 47 hotels and over 230 restaurants across Finland, [1] making it the largest in its field in the country. Annual turnover in 2020 was just over 178 million euros.[ citation needed ] Restel employs approximately 2,000 people annually. [2]

In June 2017, Restel sold its entire hotel business to the Swedish Scandic and said it would focus on its restaurant operations. [3] The Finnish Competition and Consumer Authority approved the acquisition in December 2017. [4]

In 2019, Restel Ravintolat Oy was the fifth largest catering company in Finland with a turnover of 73.6 million euros, after Compass Group, Sodexo, Finnair Kitchen and Leijona Catering. Restel Fast Food Oy was the seventh largest with 63.2 million euros.[ citation needed ] Restel Oy's other subsidiaries are Restel Fast Food Oy, Restel Casual Oy, Restel Mexican Food Oy and Restel Fresh Food Oy. [5]

The name Restel comes from the Finnish words for restaurant and hotel. [6]

History

Restel's roots lie in the hotel and restaurant operations of Tradeka's predecessor companies. When Eka Group was established as a result of a merger in 1983, it took over the hotels and restaurants of 39 cooperatives.

The business name Restel was adopted in 1989, and Restel became a separate company the following year. [7]

The chain included one of Finland's oldest restaurants, Foija, which operated in Turku from the 1830s until 2019. [8] In 2022, Restel acquired the Hanko Makaronitehdas and Classic Pizza restaurant chains, which included a total of 23 restaurants. They employed a total of 150 employees in 12 locations and their turnover in 2019 before the corona pandemic was approximately 15 million euros. [9]

Restaurants

Restaurant chains

Other restaurants

Order restaurants

Hotels owned

(abandoned in June 2017) [2]

Sources

  1. ↑ "Restel". Restel Oy. Archived from the original on 16 April 2016. Retrieved 25 April 2016.
  2. 1 2 "Vuosi- ja vastuullisuusraportti" (PDF). Osuuskunta Tradeka. Retrieved 25 April 2016.
  3. ↑ "Scandic ostaa Restelin hotellit". Yle Uutiset (in Finnish). 21 June 2017. Retrieved 21 June 2017.
  4. ↑ "Scandicin Restel-kaupalle KKV:n hyväksyntä – 3 hotellia myytävä". Taloussanomat. 5 December 2017. Retrieved 5 December 2017.
  5. ↑ "Tiivistelmä tilinpäätöksestä 2023" (PDF). Osuuskunta Tradeka. Retrieved 11 November 2024.
  6. ↑ Komulainen, Anitra (2021). Punapääoman linnake. Työväen osuustoiminnan dramaattiset vaiheet. Helsinki: Kustannusosakeyhtiö Siltala. p. 172. ISBN   978-952-234-932-3.
  7. ↑ Kallenautio, Jorma. "Eka ja Tradeka-yhtymä 1983–2008" (PDF). Osuuskunta Tradeka-yhtymä. Retrieved 29 May 2011.[ dead link ]
  8. ↑ Kalle Talonen (19 February 2019). "Suomen tiettävästi vanhimman ravintolan taru loppui vesivahinkoon" . Retrieved 19 February 2019.
  9. ↑ "Restel osti Hangon Makaronitehtaan ja Classic Pizza Ravintolat". Hanko-nyt.fi. Hanko-Nyt Oy. 10 January 2022. Archived from the original on 11 January 2022. Retrieved 11 January 2022.
  10. ↑ "Brändit". Restel (in Finnish). Retrieved 3 February 2024.
  11. ↑ "Ruokaravintolat". Food & Events (in Finnish). Retrieved 3 February 2024.
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