Dunkin’ Donuts Struggling in Austria

Published: August 24, 2016; 18:00 · (FriedlNews)

US bakery and coffee shop chain Dunkin’ Donuts wants to continue operation in Austria. The creditors of the insolvent firm agreed to a reorganization plan.

Dunkin’ Donuts wants to continue operation in Austria / Picture: © Wikipedia / Evan-Amos

Within two years the creditors will be repaid 20 percent of their claims.

In total, Dunkin’ Donuts Austrian franchisee, M&D GmbH, has debts to the tune of EUR 4.2 million (USD 4.7 million), mostly owed to banks and financial service providers.

At the moment the firm operates five venues in Vienna.

(C) Copyright APA - Austria Presse Agentur eG…

This article includes a total of 94 words.

or Log In

Fast News Search