Čili is a restaurant chain in Lithuania and Latvia. It started as a pizza restaurant, but soon diversified into different areas.

Čili
Company typeJoint Stock Company
IndustryRestaurants
Founded1997; 27 years ago (1997) in Vilnius, Lithuania
FounderTadas Karosas
Products
Revenue€22.752 million (2022)[1]
Websitecili.lt
Čili Pica restaurant in Vilnius, Lithuania

History

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In 1997, the first Čili Pica restaurant was opened on Konstitucijos Avenue in Vilnius, Lithuania. From 1999 onwards the company, renamed UAB Čilija, began to diversify, adding bistros in 2000, traditional Lithuanian-style restaurants in 2002, Chinese restaurants in 2003, coffee shops in 2004 and drive-ins in 2006.[2]

The first restaurant outside Vilnius was opened in Palanga.[3] The company soon expanded into other countries, opening its first non-Lithuanian restaurant in December 2001 in the Latvian city of Liepāja.[4] As of May 2009, there were 79 outlets in five countries, some of them established via franchising.[5] In 2009, the share capital of the holding was Lt 90.79 million (EUR 26.3 million). In 2009―2010, UAB "Vilsarmos investicija" bought 67.06% shares of "Čili Holdings", which managed the restaurant chain.[6]

References

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  1. ^ "Čili Pica, UAB revenue, profit". www.rekvizitai.vz.lt.
  2. ^ "History". cili.lt.
  3. ^ ""Čili" ieško naujų nišų". Verslo žinios (in Lithuanian) (141): 8. 2001-08-03.
  4. ^ ""Čili" tinklas nebeišsitenka Lietuvoje". Verslo žinios (in Lithuanian) (221): 5. 2001-12-07. Archived from the original on 2011-07-22. Retrieved 2009-11-08.
  5. ^ ""Čili pica" tęsia plėtrą" (in Lithuanian). Verslo žinios. 2009-05-19.
  6. ^ "Konkurencijos taryba leido "Čili Holdings" akcininkams perskirstyti turtą". vz.lt (in Lithuanian). Retrieved 2023-01-11.
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