As reported by the St. Petersburg Times, McDonald's plans to spend up to $50 million to expand its presence in Russia by 20% this year, with plans to commence franchising operations within 3 years. Khamzat Khasbulatov, head of McDonald's operation in Russia, said that McDonald's will open 25 new restaurants in Russia this year to add to the 129 restaurants now operating throughout the country. According to Khasbulatov, McDonald's, which owns and operates all of its Russian restaurants, plans to improve its breakfast sales to offer its Russian customers a place to have breakfast outside of their homes.
Posted by franchiselawblog at June 10, 2005 03:15 PM