[ad_1]
(c) iStock
German restaurant chain Vapiano filed for bankruptcy in March. Thursday too The Austrian subsidiary has applied for a reorganization procedure at the Vienna Commercial Court.
14 Austrians are affected Vapiano-Locations and 700 employees. Two franchises manage two more restaurants in Innsbruck and one in Linz with a total of 150 employees, the company said at the request of APA.
“Direct consequence of German insolvency proceedings”
Franchise restaurants are not affected by the renovation process. “Bankruptcy is a direct consequence of the bankruptcy procedures of Vapiano Germany and is not caused by the Austrian organization, “he explained Vapiano in a broadcast on Thursday afternoon. Vapiano has recently been able to take advantage of additional customer groups thanks to a new menu with a stronger focus on vegan dishes and a larger selection.
Taken in expansion
For years, the pizza and pasta business flourished in Germany and Austria. The company took over the global expansion. Many new restaurants became producers of losses. In addition, competitors like L’Osteria became stronger. Unlike Vapiano, this restaurant chain depends on table service.
You are on facebook – Become a fan of gastronews.wien now!
[ad_2]
