Interfax:

The number of McDonald’s restaurants in Russia will exceed 200 by the end of 2007, Khamzat Khasbulatov, McDonald’s president for Russia and Eastern Europe, said at a press conference in Moscow on Wednesday.

“We are planning to open more than 30 fast-food restaurants this year and enter the Tyumen and Volgograd markets for the first time,” he said, noting that some 170 McDonald’s restaurants are currently operating in Russia. The company opened 23 restaurants in 2006. “This is the largest number [opened in one year] for all the years McDonald’s has been working in Russia,” he said.

The bulk of the new restaurants will open in Moscow, the Moscow region and St. Petersburg as well as in cities with a population over one million, where the company is already present. Direct investment in the development of the McDonald’s chain totaled more than 1 billion rubles in 2006. “This figure will be significantly higher this year,” he said.

Originally posted by Dane Carlson on March 22, 2007 in Franchise Site.

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