Top Qs
Timeline
Chat
Perspective

Restel

From Wikipedia, the free encyclopedia

Restel
Remove ads

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

Quick facts Owner, Subsidiaries ...

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]

Remove ads

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]

Remove ads

Restaurants

Restaurant chains

Other restaurants

  • Ravintola Central, Helsinki
  • Kaarle XII, Helsinki
  • Ravintola Mestaritalli, Helsinki
  • Meritalli, Helsinki
  • Muikkuravintola Sampo, Kuopio
  • Bastion Bistro (Suomenlinna), Helsinki
  • Ravintola Keisarinsatama, Kotka
  • Kahvila Hyrylä, Tuusula
  • Ravintola Lastu, Lahti
  • RAITO Sushi, Helsinki

Order restaurants

  • Tekniska, Helsinki
  • Piano Paviljonki, Helsinki
  • Koiviston Huvila, Espoo[10][11]
Remove ads

Hotels owned

(abandoned in June 2017)[2]

  • Cumulus
  • Holiday Inn (Offices in Finland)
  • Crowne Plaza Helsinki
  • Hotelli Seurahuone Helsinki
  • Hotel Indigo Helsinki - Boulevard

Sources

Loading related searches...

Wikiwand - on

Seamless Wikipedia browsing. On steroids.

Remove ads