Wenrus Restaurant Group

Wenrus Restaurant Group
Privately held company
Industry Restaurant
Headquarters Moscow, Russia
Key people
 Iskander Makhmudov (Co-Owner)
Mikhail Zelman (Co-Owner)

The Wenrus Restaurant Group is a company operating the Wendy's restaurant chain in Russia.[1]

Corporate Information

The Wenrus Restaurant Group is an affiliate of Food Service Capital.[2] Food Service Capital’s businesses include: [3]

Iskander Makhmudov owns Food Service Capital, along with Mikhail Zelman and their business partners.[4]

History

In August 2011, the first Wendy's restaurant opened in Russia. Wendy’s/Arby’s International and Wenrus are planning to develop 180 restaurants over the next 10 years in Russia. Each restaurant will contain a Wendy’s and Arby’s.[5]

Future plans

Wenrus Restaurant Group plans to open 192 restaurants in the country by 2020, involving a total investment of $132 million, with a plan to invest $40 million in the first five years. According to Alexandra Boeva, an external spokeswoman for Wenrus, the first 50 restaurants will be opened by 2015.[6]

See also

References

  1. ↑ “Wendy's Opens First Fast-Food Restaurant in Russia”, Voice of America, 23 Aug 2011
  2. ↑ “Arby's, Wendy's Prep Big Russian Expansion”, QSR Magazine, Retrieved 26 Jan 2013
  3. ↑ Tatyana Romanova and Maria Rozhkova, “Wendy's to Enter Russia Next Year”, The Moscow Times, 06 Aug 2010
  4. ↑ Tatyana Romanova and Maria Rozhkova, “Wendy's to Enter Russia Next Year”, The Moscow Times, 06 Aug 2010
  5. ↑ “Arby's, Wendy's Prep Big Russian Expansion”, QSR Magazine, Retrieved 26 Jan 2013
  6. ↑ Sysoyeva, Marina (June 24, 2011). "Wendy’s Franchiser to Open 192 Restaurants in Russia by 2020". Bloomberg. Retrieved 20 June 2013.

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