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Restel

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Restel
OwnerTradeka-Yhtiöt Oy
SubsidiariesRestel Fast Food Oy
Restel Casual Oy
Restel Ravintolat Oy
Restel Mexican Food Oy
Restel Fresh Food Oy

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

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]

History

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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]

Restaurants

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Restaurant chains

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Other restaurants

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  • 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

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

Hotels owned

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(abandoned in June 2017)[2]

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

Sources

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  1. ^ "Restel". Restel Oy. Archived from the original on 16 April 2016. Retrieved 25 April 2016.
  2. ^ a b "Vuosi- ja vastuullisuusraportti" (PDF). Osuuskunta Tradeka. Retrieved 25 April 2016.
  3. ^ "Scandic ostaa Restelin hotellit". Yle Uutiset (in Finnish). 21 June 2017. Retrieved 21 June 2017.
  4. ^ "Scandicin Restel-kaupalle KKV:n hyväksyntä – 3 hotellia myytävä". Taloussanomat. 5 December 2017. Retrieved 5 December 2017.
  5. ^ "Tiivistelmä tilinpäätöksestä 2023" (PDF). Osuuskunta Tradeka. Retrieved 11 November 2024.
  6. ^ Komulainen, Anitra (2021). Punapääoman linnake. Työväen osuustoiminnan dramaattiset vaiheet. Helsinki: Kustannusosakeyhtiö Siltala. p. 172. ISBN 978-952-234-932-3.
  7. ^ Kallenautio, Jorma. "Eka ja Tradeka-yhtymä 1983–2008" (PDF). Osuuskunta Tradeka-yhtymä. Retrieved 29 May 2011.[dead link]
  8. ^ Kalle Talonen (19 February 2019). "Suomen tiettävästi vanhimman ravintolan taru loppui vesivahinkoon". Retrieved 19 February 2019.
  9. ^ "Restel osti Hangon Makaronitehtaan ja Classic Pizza Ravintolat". Hanko-nyt.fi. Hanko-Nyt Oy. 10 January 2022. Archived from the original on 11 January 2022. Retrieved 11 January 2022.
  10. ^ "Brändit". Restel (in Finnish). Retrieved 3 February 2024.
  11. ^ "Ruokaravintolat". Food & Events (in Finnish). Retrieved 3 February 2024.
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