McDonald's Plans 200 New Restaurants in Nordic Expansion
April 10 2018 - 08:41AM
Dow Jones News
By Dominic Chopping
McDonald's Corp. (MCD) plans to open 200 new restaurants across
the Nordics in the next 10 years as it targets an extra 50 million
customers annually in the region, the company said Tuesday.
The U.S. fast-food giant will open 200 new restaurants across
Norway, Sweden, Denmark and Finland and plans to boost the number
of guests it serves in the region to 200 million a year from the
current 150 million.
The move will create 5,000 new jobs, it said.
"There has been healthy market growth across all countries, and
we see great potential for growth across all four markets in the
Nordic region," said Christer Aberg, Group CEO of McDonald's
Nordic.
"We are ready to invest what is necessary to take advantage of
that potential," he said.
At the same time, the company will continue to invest in
upgrades of existing restaurants, including new services such as
table service and the start of home delivery in Sweden during the
spring.
McDonald's currently has around 430 restaurants in the Nordics,
employing 20,000 people. Sales in the region totaled 1.2 billion
euros ($1.48 billion) in 2017.
Write to Dominic Chopping at dominic.chopping@wsj.com; Twitter:
@domchopping @WSJNordics
(END) Dow Jones Newswires
April 10, 2018 08:26 ET (12:26 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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