Wednesday, 03 Jun 2020

Telepizza Consolidates its Presence in Czech Republic After Converting all Forty's Pizza Stores into Telepizza's

OLOMUC, Czech Republic: The Telepizza Group, the leading non-US based pizza delivery company by number of stores, has announced the opening of its first 10 stores in Czech Republic, after the joint venture agreement signed in March 2017 with Forty's Pizza, the Czech Republic's leading pizza delivery company.

These stores are being inaugurated this week in the city of Olomuc. The Czech joint venture is being led by owner and founder of Forty's Pizza, Mr. Jakub Šlezar.

Today, all the Forty's Pizza stores have become Telepizza's stores, offering the best flavour of the Spanish brand, with its excellent dough and the best local quality ingredients, as well as its expertise and proven track record in marketing, technology, franchising and supply chain.

Pablo Juantegui, Chairman and CEO of Telepizza explains that "Our international expansion is one of the keys to our success, and we look forward to new business opportunities to bring our brand all over the world. The openings in Czech Republic are key for Telepizza, in order to take full advantage of this growth opportunity for expanding our franchising business in Central Europe."

"We are very proud of the inauguration of our first 10 Czech stores. We are really confident that our customers will love our products and service," states Telepizza President of International, Giorgio Minardi.

International expansion, key pillar for Telepizza

The plans for Telepizza in Czech Republic are ambitious. The company's forecasts include operating in the country through 25 stores in the next three years.

In fact, agreements with leading businesses in key markets are a vital part of Telepizza's plans for international growth, alongside innovation.

"With its strong heritage and focus on quality, the Telepizza brand has been a perfect match for us. We are delighted to have joined such a great organisation and are looking forward to using our extensive local knowledge to help grow the Telepizza business in the Czech Republic," Mr. Jakub Šlezar comments.

(PRN | 3 years ago)