24 Dec '07
International corporation Grand Food (group Tashir) is to invest $ 808,701 to open a Merzen beer-restaurant in N.Novgorod.
350-500 sq.meters restaurant will open its doors in 2008 as the plan suggests.
Press-service reports that by the end of this year the corporation intends to open a chain of Merzen restaurants in Lipetsk, Kaluga, Stavropol and Tula. In 2008 in Moscow, N.Novgorod, Kursk and Yaroslavl.
Over five years period Grand Food plans to open more than 500 various format places in Russia.
Grand Food is developing a chain of pizza restaurants called Tashir in the different regions of Russia. So far the company has opened over 50 branches in 24 Russian and the CIS cities. The expected Grand Food’s turnover for 2007 is $ 40,4 m.