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Legal protection process started for operator of Cili Pica pizzeria chain
BC, Riga, 12.02.2020.
Print version
Print versionThe Riga Vidzeme District Court has started a legal protection process of Cilija Pizza, operator of Cili Pica pizzeria chain, according to the information published by the Insolvency Register writes LETA.
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The legal protection process was started on February 7.
According to Firmas.lv business database, Cilija Pizza as of February 7 has a tax debt of EUR 268,860.
The company's 2018 results have not been published yet, but in 2017 Cilija Pizza generated EUR 6.924 mln in sales, down 3% y-o-y, while the company's loss rose 65.7% to EUR 163,220.
The company was registered in 2001, and has a share capital of EUR 1.428 mln. Its sole owner is Lithuanian-registered Cili Holdings, while the true owner is Lithuanian citizen Linas Tadas Karosas.
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