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McDonald's is investing ? 38 million in the Baltics

The Premier Capital company which owns the McDonald's restaurants in Baltic countries is planning to invest 38 million of euros (27 million of lats) in the region for 5 years expanding a network of 35 restaurants, - says the company.

McDonald's began its expansion in Estonia with opening of 3 restaurants in 2010. The company opened one more restaurant in Latvia and Lithuania in 2011. The Baltic states are planning to open new restaurants as well as upgrading of existing facilities this year.

One of the large-scale network development plan deals with Latvia. "This will be the first time the restaurant chain of the McDonald's will survive a significant increase," - says the founding director of the company in the Baltics - Tomasz Nawrocki. He also said it would be added 3 McDrive restaurants in Latvia this year.

20 January 2012
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