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Portuguese investor to build restaurant network in Poland


2011-02-03



Grill&Co., a company with Portuguese capital, will invest in the creation of a network of up to 50 restaurants serving Portuguese cuisine in Poland’s major cities. The announcement came as the company launched its first restaurant in Warsaw.

In 2011 Grill&Co. aims to open three more restaurants: a further two in the capital city and one in Krakow. Next year it plans to add a second one in Krakow, and to enter the markets of Poznan and Gdansk with the opening of first restaurants there.

The restaurants will serve mainly Portuguese grilled meat and fish dishes. They will be located at several types of locations, including office parks, shopping malls as well as stand-alone buildings, with several interior designs.

The company’s long-term plan is to have 50 restaurants in Poland within five years.

Grill&Co. said the project would initially be financed from own funds, and that there were investors prepared to support it at a later stage, so that a stock market listing was not an option at the moment.



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