Telepizza enters the Czech Republic
Telepizza has opened its first 10 stores in the Czech Republic following the signing of a joint venture in March with Forty's Pizza.
All Forty's Pizza stores in the country have now become Telepizza stores. The Czech joint venture is being led by owner and founder of Forty's Pizza, Jakub Šlezar.
Pablo Juantegui, chairman and chief executive of Telepizza, said: "Our international expansion is one of the keys to our success, and we look forward 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.”
With headquarters in Madrid, Telepizza operates in more than 20 countries through a network of own stores, franchisees and master franchisees. The company is aiming to have 25 stores in the Czech Republic within the next three years.
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