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20 February, 2001
McDonald's, the global fast food chain, is to invest 18 billion drachmas (52.824 million euros) over four years to expand its Greek operations, a senior company official said on Monday.
The chief executive officer of McDonald's Hellas, Alain Sebah, told a news conference that the company planned to open more than 100 fast food restaurants under franchise, doubling current capacity.
The investment drive reflected the impetus of the Greek economy and anticipated demand by consumers, Sebah said.
McDonald's has 48 outlets in Greece, 37 under franchise and 11 run directly by the company.
Next month, the company will open two restaurants at the Eleftherios Venizelos airport near Spata, which is due to start operations on March 28, Sebah added.
Source: Athens News Agency
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