Pizza Hut Gives Up in Norway

The American pizza chain, Pizza Hut is throwing in the towel in Norway. All connections with the holder of the Norwegian rights to Pizza Hut in Norway are cut. In 1998, Oivind Hoem took over the rights to Pizza Hut in Norway, including the three remaining Pizza Hut restaurants in Oslo. Pizza Hut in Norway was part of one of the world's largest fast food companies, but had lost NOK 30 million in Norway at that time. They are now giving up the fight. 'We are closing down Pizza Hut but will continue to run the restaurants under our own management and with a new name,' says Hoem to Dagens Naeringsliv.Don Pyle

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  • 03 Jan 2019 0°C -9°C
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