McDonald’s talks on prospects of expanding into Central Asia
Baku, Azerbaijan, Sept.28
By Leman Zeynalova – Trend:
McDonald’s Corporation doesn’t plan to open a restaurant in Uzbekistan, Trend learned from the corporation.
“We currently do not have any plans to expand into Central Asia, including Uzbekistan,” said the company.
Earlier, Elyor Ganiyev, minister of foreign trade of Uzbekistan said that according to the information received by the ministry, McDonald’s Corporation is considering opportunities to enter the Uzbek market both directly and through franchising.
“I think that we will definitely discuss this issue, the market of Uzbekistan is open,” he noted. “We welcome any competition in our market. If the US corporation comes to our market, and not only McDonald’s, but also KFC, Baskin-Robbins and others, we will only welcome it.”
Last year, McDonald’s entered the market of Kazakhstan by opening a restaurant in Astana, and then in Almaty. The company plans to open 15 more restaurants all over Kazakhstan. In total, the US fast food chain is present in 120 countries. For the last 10 years, McDonald’s opened new restaurants only in two countries - Vietnam and Kazakhstan.
McDonald's is an American hamburger and fast food restaurant chain. It was founded in 1940 as a barbecue restaurant operated by Richard and Maurice McDonald, in San Bernardino, California. In 1948, they reorganized their business as a hamburger stand, using production line principles. The first McDonald's franchise using the arches logo opened in Phoenix, Arizona in 1953. Businessman Ray Kroc joined the company as a franchise agent in 1955 and subsequently purchased the chain from the McDonald brothers. Based in Oak Brook, Illinois, McDonald's confirmed plans to move its global headquarters to Chicago by early 2018.
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