AmRest, the largest publicly-listed restaurant operator in Central Europe, announced the opening of its 500th KFC unit. The milestone location was opened on October 27, 2016 in St. Petersburg, Russia. The restaurant is located in the northern part of the city, near a popular subway station Grazhdanskaya. This is the 64th KFC restaurant operated by AmRest in St. Petersburg and the 114th in Russia.
The new KFC location was enthusiastically welcomed by the local community. This 270 square-meter restaurant offers over 50 seats and an express window service that operates 24 hours a day.
“This is another important milestone that has been reached by AmRest this year. Thanks to the accelerated organic growth, we are closer to achieving the ambitious goal of 140 openings in 2016. The customers appreciate the quality and taste of our meals, as well as the exceptional service. Despite the demanding nature of the Russian market, our financial results generated in this country confirm that our business is in a very good shape. According to our observations, there is still space for development there, which encourages us to open more restaurants soon,” said AmRest’s chief strategy officer Wojciech Mroczynski.
The company will continue to strengthen its leadership position in Europe through the increased pace of growth and M&A (mergers and acquisitions) opportunities. Currently, AmRest operates 501 KFC restaurants in eight countries: Poland, the Czech Republic, Russia, Hungary, Croatia, Serbia, Bulgaria, and Spain.
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