Restel

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. 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. 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

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

Restaurant chains

Other restaurants

  • 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

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

Hotels owned

(abandoned in June 2017)[2]

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

Sources

  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.
  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.