The Ukrainian restaurant chain Lviv Croissants has entered the Czech market and opened its first restaurant in Prague, the company reported on Facebook.
“Lviv Croissants continues its international growth. The opening of a new outlet in Prague is another step towards introducing the world to our croissants and impressing with their taste,” the company said in a statement.
The location is located in the center of Prague, in the Palladium shopping center, next to Charles Bridge. It occupies 173 square meters and has 60 seats.
“Each croissant is not just a pastry, it is a piece of Lviv. And although the menu is adapted to local tastes, our croissants remain authentic: made in Lviv and delivered to Prague with love,” the company emphasized and expressed confidence that food can create a connection between cultures, countries and people.
Lviv Croissants is a Ukrainian international franchise restaurant chain founded in 2015. The company specializes in making croissants and has 177 locations in Ukraine, 11 in Poland, and one in Slovakia and the United States. It is part of the Fast Food Franchising Group.
Fast Food Franchising Group LLC was founded in 2015 in Lviv.
The company’s net loss in 2023 amounted to UAH 598.3 thousand compared to UAH 483 thousand of net profit a year earlier. Last year’s revenue increased by 55.1% to UAH 6.939 million, debt increased 9.7 times to UAH 188.9 thousand, while assets decreased by 19% to UAH 1.89 million.
The company’s beneficiaries are PE Firm Infobud, which owns 50% of the shares, Yevhen and Andriy Galitsky (20% each), and Yuriy Zagrodsky (10%).
