Fast food chain Teremok to open 20 restaurants in 2018

MOSCOW, Feb 15 (PRIME) -- Russian fast food chain Teremok plans to open 20 restaurants in 2018 with investments of 8–20 million rubles in each, the company said in a press release late Wednesday.

In 2017, Teremok opened five restaurants.

The company also plans to attract partners for the development of the chain in regions, founder and director Mikhail Goncharov said.

Teremok currently comprises 294 restaurants, including 150 restaurants in Moscow and the Moscow Region, 135 in St. Petersburg and the Leningrad Region, seven in Krasnodar and two in New York. The company plans to open its third restaurant in the U.S.

(57.5899 rubles – U.S. $1)

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