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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