"Rosinter"

AI-assisted Knowledge Update: This article was automatically consolidated to provide you with the most up-to-date data instantly.

- CONTENT--
Rosinter is a Russian company, operator of a chain of restaurants. It is part of the Rostik Group Corporation. Full name - Open Joint Stock Company "Rosinter Restaurants Holding". The headquarters is located in Moscow.

History
The company has been operating in the restaurant market since 1990, since 2004 it has been called Rosinter Restaurants Holding.

Owners and management
The company is owned by Rig Restaurants Limited (Cyprus). The actual owner is Rostislav Ordovsky-Tanaevsky Blanco. In May 2007, the company conducted an IPO, placing 26% of the shares on the market and earning about $ 100 million for them. The capitalization of the company following the placement was $ 384 million.

The President of Rosinter Restaurants Holding is Margarita Kosteeva.

Activities
Rosinter Restaurants Holding positions itself as an operator in the segment of family restaurants (casual dining restaurants) in Russia and the CIS. In March 2020, there were 250 restaurants in the chain, but only 30 of them operated during the COVID-19 pandemic.

The company offers Italian, Japanese and American cuisine in restaurants operating under its own trademarks "IL Patio" (formerly "Patio Pizza"), "Shikari" (Panasia cuisine), "American Bar and Grill" (American cuisine), "Mama Rush" (Russian cuisine) and "Planet Sushi" and under the trademark T.G.I. Friday's, used under the franchise system. Rosinter also develops and manages the Costa Coffee chain through a franchise system. Rosinter Restaurants Holding shares are listed on the Moscow MICEX-RTS Exchange (rts.micex.ru) under the ticker ROST.

In March 2012, Rosinter became a franchisee of McDonald’s, intending to open restaurants at train stations and airports.

Net revenue of the holding in 2007 increased by 22.7% and amounted to 268.2 million US dollars compared to 218.6 million US dollars in 2006. The company’s net profit grew by 665.9% to $6 million, compared to $0.8 million in 2006. Profitability on net profit was 2.2% compared to 0.4% in 2006.

As follows from the report of the organization compiled under IFRS, in 2016, Rosinter’s revenue amounted to 7.207 billion rubles (which was 6.1% less compared to the previous year), and gross profit amounted to 1.062 billion rubles (increased by 2.3% compared to 2015). Revenue of corporate restaurants of the chain amounted to 6.977 billion rubles (decreased by 6.5% compared to 2015), and revenue from franchising amounted to 161.712 million rubles (an increase of 0.1%).

In November 2020, in the context of the COVID-19 pandemic, it was announced that Rosinter had joined the registration system for visitors to its establishments using QR codes.

Incidents
In 2014, Izvestia Publishing House filed a lawsuit with the Moscow Arbitration Court against Rosinter regarding the collection of rent for restaurants in a building on Pushkin Square in Moscow. In its lawsuit, the publisher demanded the termination of the lease agreement and evicted