Corporate restaurant group Amrest, who run European franchises of Burger King, KFC, Starbucks and Pizza Hut, are to move their Wrocław office to Madrid.
According to Gazeta Wrocławska, the move is motivated by Amrest's desire to have its stock listed in Euros and to allow the company to better penetrate Western European markets.
The decision was reportedly taken during a shareholder meeting last Thursday and the move is supposed to take place in the second half of February.
The loss of Amrest will obviously bring job losses to Wrocław, as well as hitting the city's budget. Last year the company are said to have paid out 33 million zł in income tax – 2.3 million of which went to Wrocław City Council.
While Amrest's offices are leaving Poland, its brands will nonetheless be maintaining a heavy presence in the country. Indeed, one of Amrest's other franchises, Blue Frog, will be opening a branch in Wrocław's Wroclavia centre in just over a week's time.