KFC has grown to 17 restaurants in Slovakia, while sales at the company operating them have risen from EUR 4.4 million in 2020 to more than EUR 20 million.
The operator, however, remains loss-making.
Queensway Restaurants Slovakia, which ran KFC and Pizza Hut in the country, reported a EUR 3.4-million loss for 2025. Losses accumulated from previous years now exceed EUR 15 million.
Its Austrian owner put another EUR 7.7 million into the Slovak company last year.
KFC has been operating in Slovakia since 2006. Its expansion accelerated after Queensway announced plans in 2019 to invest between EUR 10 million and EUR 15 million in 11 new restaurants and create around 300 jobs.
The chain now has 17 restaurants in Slovakia. The latest opened in October 2025 at the Novum shopping centre in Presov, eastern Slovakia.
Queensway recorded sales of EUR 4.4 million in 2020. They were close to EUR 15 million in 2023 and exceeded EUR 20 million for the first time in 2024.
Sales rose by about 4% in 2025.
Queensway ended the year with a EUR 3.4-million loss.
Its EBITDA was negative EUR 1.5 million. The figure had been positive at almost EUR 261,000 in 2024 and close to EUR 1 million in 2023.
Spending on materials, energy and other non-stock supplies increased from EUR 3.2 million in 2024 to EUR 7.7 million in 2025.
Rent, marketing and staff costs also rose.
Queensway employed an average of 250 people last year, up from 223 in 2024.
Queensway Restaurants Slovakia is owned by Austria-based Queensway Europe.
The Slovak company has more than EUR 15 million in accumulated losses from previous years.
Its parent increased its equity by EUR 7.7 million in 2025.
The reason KFC has struggled while rival McDonald’s has continued to expand in Slovakia is not clear from the accounts. KFC did face bad publicity in neighbouring Czechia in 2025 over expired meat, although the restaurants there were run by a different franchisee and there was no evidence the case affected the Slovak business. (The Slovak Spectator)