Pizza Fan faces potential sale to protect 2,500 jobs

The Greek pizza chain Pizza Fan is facing a critical period following the arrest of its owner in connection with a money laundering investigation. Efforts are underway to ensure the continuity of the business and protect the jobs of approximately 2,500 employees and delivery workers.

Charalambos Vourliotis, President of the Hellenic Anti-Money Laundering Authority, is reportedly working with company management to facilitate the reopening of closed stores. To protect staff and suppliers, Vourliotis has previously exempted payroll accounts from broader asset freezing orders and is exploring the possibility of releasing additional bank accounts to allow operations to resume.

Concurrently, reports indicate that a well-known hospitality entrepreneur has expressed interest in acquiring the chain. A rapid transition is considered necessary to prevent the loss of perishable inventory and to maintain the brand's market value. If a sale is finalized, the network is expected to continue operating under its existing brand name.