Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
The US-based restaurant chain Pizza Hut announced on 31 July 2017 that it would enter into a partnership with Polish fast-food restaurant operator AmRest Holdings. AmRest will become the master-franchisee for 67 Pizza Hut Dine in, Express and Delivery restaurants in Germany and thereby create 2,000 new jobs.
Under the Master Franchise Agreement (MFA), AmRest agreed to double the number of Pizza Hut restaurants within the next 3 to 5 years. The Agreement came into force on 1 August 2017 and was signed for an initial period of 10 years.
Eurofound (2017), AmRest, Business expansion in Germany, factsheet number 91721, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/91721.