AUSTRIA: PIZZA HUT'S EXPANSION PLANS

Article Abstract:

ProRest, the Pizza Hut licensee for Austria, is planning to open two more sites in Vienna in 2000 and five more sites in 2001. Moreover, a delivery service is planned. An expansion beyond Vienna, where Pizza Hut currently has five restaurants, is not planned before the end of 2001. ProRest chairman Joachim Richling regrets that expansion is slowed by the lack of workers, although he regards the salaries as attractive. The chain currently has 130 employees and would like to hire another 100. Pizza Hut, which already made a profit in 1998, one year after its market entrance, reports a turnover of Sch 50mn for 1999.

Sales, profits & dividends

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AUSTRIA: AMBITIOUS PLANS OF PIZZA HUT

Article Abstract:

Pizza Hut, which entered the Austrian market in 1997, is to raise the number of outlets in the country from 4 to 25 within five years. The Austrian general franchisee Joachim Richling is offering a new franchise concept. A private limited liability company (GmbH) for each new restaurant. The manager will hold 49% a stake and get a fixed salary. Pizza Hut takes care of book-keeping and accounts. In year 2001 Pizza Hut expects a turnover of Sch 45mn in Austria, up from Sch 40mn in 2000.

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AUSTRIA: BURGER KING'S RETURN

Article Abstract:

Burger King is to open 60 outlets in Austria in the long term. The company that first attempted to tackle the Austrian market in 1981 has opened its first new outlet in Vienna's Donauplexx . Burger King is to open between 8 and 10 hamburger restaurants in Austria by the end of year 2000.

Burger King Corp.

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