Michał Sołowow's restaurant chain files for bankruptcy. What will happen to North Fish?
The North Fish restaurant chain, owned by Polish businessman Michał Sołowow, has filed for bankruptcy, potentially leading to the closure of its approximately 40 locations across Poland and affecting employees and suppliers.
North Fish, a well-known restaurant chain specializing in fish and seafood, primarily located in shopping centers across Poland, is facing serious financial difficulties. The chain, owned by wealthy Polish entrepreneur Michał Sołowow, recently filed for bankruptcy on January 30, 2026, due to significant liquidity issues, as reported to the Kielce District Court. This has raised concerns about the potential liquidation of the chain, which operates around 40 locations throughout the country.
The bankruptcy filing could have significant repercussions for North Fish's employees and business partners. There are reports indicating that the chain might close abruptly, leading to immediate layoffs for its staff. Observers note that North Food, the parent company of North Fish, is struggling with debts large enough that it lacks funds to meet payroll obligations, which could exacerbate the situation for the workers who depend on their jobs.
As North Fish navigates this critical juncture, questions arise about its future and the broader implications for the restaurant industry in Poland, particularly in the context of existing economic pressures and challenges faced by businesses in the hospitality sector. The company’s predicament highlights the vulnerabilities within the food service industry and raises concerns about the potential loss of jobs and services for consumers who favor dining options like North Fish.