Gastropol to launch 50 restaurants within three years

APA - Austria Presse Agentur
opublikowano: 12-10-2005, 18:37

Warsaw (Puls Biznesu) – Restaurant branch, whose annual sales exceed PLN 16 billion (EUR 4.1 billion), lures new investments. Gastropol from Krakow, southern Poland, has ambitious plans.

Warsaw (Puls Biznesu) – Restaurant branch, whose annual sales exceed PLN 16 billion (EUR 4.1 billion), lures new investments. Gastropol from Krakow, southern Poland, has ambitious plans.

Our three-year strategy provides for developing a network of 50 Rooster restaurants in Poland’s biggest towns, Kornel Drozdowski, Gastropol CEO said.

He meant both own and franchise restaurants. To finance the project, the company wants to get outside capital.Raising those funds in the stock market is possible, Kornel Drozdowski said.

Another Krakow company has recently admitted it wanted to be listed – Chlopskie Jadlo. Sfinks from Lodz, central Poland, is listed in CeTo market. Kornel Drozdowski stressed that prior to the IPO, Rooster brand will be promoted. The company has four Rooster restaurants today, in Krakow, Bydgoszcz, Lodz and Sopot. Gastropol has also seven other restaurants in Krakow and Zakopane. Last year, its sales amounted to PLN 14m. This year, they are expected to grow to PLN 20m.

(PLN 1 = EUR 0.258)

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Podpis: APA - Austria Presse Agentur

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