McDonald's to invest zł. 66 million over two years

McDonald's, which operates 203 outlets nationwide, have announced plans to invest zł. 66 million over the coming two years, having already invested as much as zł. 650 million in the fast food market. The funds will be used to open 20 new restaurants and modernize the existing ones. "The cost of opening one outlet is around zł. 3 million, while modernization amounts to about 20% of that sum. If the economic situation improves, we will definitely increase the pace of investment," said Dragos Pavicevic, general director of McDonald's Polska, adding that the company hopes to improve its financial standing this year by a couple of percentage points. McDonald's closed 2002 with profits of zł. 19 million, on revenues of zł. 505 million. The company employs over 9,000, and buys 95% of its products from domestic producers. (Puls Biznesu, p. 10) A.K.