You're reading: Reuters: McDonald’s to open at least 50 new restaurants in Russia in 2017

McDonald’s plans to open more than 50 restaurants in Russia this year and hopes to sign more franchising deals to expand in existing and new regions, the local unit’s chief executive said on Jan. 31.

The fast-food chain opened 73 restaurants in Russia last year, exceeding its forecast. Of the newly-opened restaurants, 65 are company-owned, Khamzat Khasbulatov, head of McDonald’s Russia, told a news conference.

Read more here.