May 10 (SeeNews) - Bulgaria’s LN Solutions, the franchisee of American pizza restaurant chain Domino’s, said on Thursday that it intends to enter the Serbian market by opening two restaurants by the end of 2018.
"Our seven-year experience on the Bulgarian market makes us confident that we can expand our operations and reach foreign markets," Nikola Nikolov, manager of LN Solutions, said in a statement.
The company also intends to open four new restaurants is Bulgaria's second largest city Plovdiv, two in the capital and one each in the coastal cities of Varna and Burgas, boosting the total number of its restaurants in Bulgaria to 24.
In 2017, the company generated a turnover of 33.27 million levs ($20.3 million/17.0 million euro), ending the year with a profit of 665,000 levs.
It received 1.88 million orders and sold 2.56 million pizzas last year.
LN Solutions, which opened its first restaurant under the Domino's brand in Sofia in 2010, now employs 823 people.
(1 euro = 1.95583 levs)