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Restel
From Wikipedia, the free encyclopedia
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Restel Oy is a Finnish restaurant company belonging to Tradeka Group.
This article needs additional or more specific categories. (May 2025) |
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]
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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]
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Restaurants
Restaurant chains
- Burger King
- Rax Buffet
- Taco Bell
- Classic Pizza
- O'Learys
- Makaronitehdas
- Wanha Mestari
- Martina
- Food & Events -tapahtumaravintolat (mm. Kansallisooppera, Metro Areena ja messu- ja tapahtumakeskus Paviljonki)
Other restaurants
Order restaurants
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Hotels owned
(abandoned in June 2017)[2]
- Cumulus
- Holiday Inn (Offices in Finland)
- Crowne Plaza Helsinki
- Hotelli Seurahuone Helsinki
- Hotel Indigo Helsinki - Boulevard
Sources
External links
Wikiwand - on
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