US disciplinary procedure against jailed Russian businessman Bout delayed — attorneyWorld June 27, 23:16
FIFA report on Russia’s 2018 World Cup bidding proves legitimacy of its win — deputy PMSport June 27, 21:08
FIFA report on Russia’s 2018 bidding dismisses Western media allegations — LOC chiefSport June 27, 19:53
Encrypting ransomware Petya attacks computers worldwide — Kaspersky LabBusiness & Economy June 27, 19:23
Kremlin says its computers not affected by hacker attackRussian Politics & Diplomacy June 27, 18:55
Security experts urge Putin, Trump to overcome disagreementsWorld June 27, 18:51
Jury to deliver verdict on Nemtsov murder case on June 28Society & Culture June 27, 18:42
Syrian president visits Russia’s Khmeymim airbaseWorld June 27, 18:17
National Guard to complete assigned missions both in Russia and abroadMilitary & Defense June 27, 18:10
MOSCOW, January 25. /TASS/. McDonald's may increase investment in development of its Russian business to almost 9 bln rubles ($112 mln) in 2016, president of McDonald's Russia Khamzat Khasbulatov said on Monday.
"Our last year’s capital input was higher than we announced - around 8 bln rubles instead of 6 bln (rubles). This year it will be even higher by around 10%," he said.
Thus, the company’s investment in developing its Russian business may total around 9 bln rubles.
In 2015, McDonald's opened 59 new outlets in Russia versus 73 in 2014.
Last year Khasbulatov said he expected single-digit growth of profits in Russia in 2015, down from double-digit in the previous year.
"We finished the year better than expected, but sanctions affected the margins of Russia’s business," president said on Monday.
According to the top manager, in 2015 the company raised prices in its outlets due to the devaluation of the ruble, though the growth was below inflation.
In 2016, McDonald's plans to open around 60 own restaurants and develop franchised business.