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BAKU: McDonalds Will Not Set Up Fast-Food Chain In Armenia

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  • BAKU: McDonalds Will Not Set Up Fast-Food Chain In Armenia

    MCDONALDS WILL NOT SET UP FAST-FOOD CHAIN IN ARMENIA

    APA
    June 11 2009
    Azerbaijan

    Baku. Elnur Huseynguluyev - APA-ECONOMICS. McDonald's Corporation,
    the world's largest chain of fast food restaurants, has no plan
    to expand its network to Armenia, said Magsud Mirzayev, CEO of
    McDonalds-Azerbaijan.

    "McDonald's doesn't have a chain in Armenia and will not have
    in the coming years. The main reason is the lack of political and
    socio-economic stability in this country. This indicates the lack of
    business environment there. With regard to Azerbaijan, the situation
    is quite different here. Here we see political and economic stability
    and business enabling environment," he added.

    McDonalds has had presence in Azerbaijan since 1999.

    McDonald's primarily sells hamburgers, cheeseburgers, chicken
    products, french fries, breakfast items, soft drinks, milkshakes, and
    desserts. More recently, it has begun to offer salads, wraps and fruit.

    McDonald's restaurants are found in 119 countries and territories
    around the world and serve nearly 47 million customers each
    day. McDonald's operates over 31,000 restaurants worldwide, employing
    more than 1.5 million people
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