Pizza Hut, 500 new restaurants in Russia

Apr 20, 2017 10:47 am

“In the next five years”, said Oleg Sinyakin, the company’s Director General in Russia and the CIS

In 2017, Pizza Hut chain plans to open 25-30 restaurants in Russia, the company’s Director General in Russia and the CIS, Oleg Sinyakin, told Interfax on Wednesday.

“Russia has a huge potential. In the next five years, we will be able to open approximately 500 restaurants in Russia. We have developed a strategy implying that first we enter the biggest cities. Now there are restaurants in Moscow and St. Petersburg, but if there is a request from a city with population not exceeding one million, where there is a reliable and strong partner…, we open (a restaurant – editor’s note) there,” Sinyakin noted.

On Wednesday, Pizza Hut opened its first regional restaurant in the Russian city of Yekaterinburg.

According to him, investments into opening of one restaurant of the “delivery” format amount to some 10,5-12 million rubles.

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