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Dec 08, 2017 12:09 EEST
December 8 (SeeNews) - Fast food chain McDonald's has opened a new restaurant in Romania's western city of Timisoara following a 7 million lei ($1.78 million/1.51 million euro) investment.
The restaurant, the company's third in Timisoara and its 72nd in Romania, will employ 70, McDonald's said in a press release.
"We end 2017 with four new restaurants, and in 2018 we plan to have even more projects to meet our customers' expectations," McDonald's Romania CEO, Daniel Boaje, said.
In January 2016, McDonald's Romania sold its restaurants and coffee-shops to Premier Capital, its developmental licencee in another five countries.
McDonald's entered the Romanian market in 1994. It is now present in 21 cities and has 5,000 employees in the country.
Premier Capital is the McDonald's development division of Hili Ventures holding. It currently operates 130 units in prime locations, more than half of which are McDrives. Premier Capital plc also runs numerous McCafe operations across its footprint.
(1 euro=4.6327 lei)
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