Burger King Focuses on Expansion in Russia

Miami-based Burger King Worldwide Holdings Inc. has established a new joint venture in Russia. Under the new partnership, BKW, Burger Rus, the largest Burger King franchisee in Russia, and VTB Capital, a Russian investment bank, are committed to opening several hundred restaurants over the next few years. Burger Rus has already opened 54 Burger King restaurants in the country in the last 30 months.

“We believe there is tremendous opportunity to rapidly increase our market share in Russia's fast-growing and underpenetrated quick-service restaurant (QSR) sector,” says José Cil, president, EMEA, BKW.

Founded in 1954, Burger King operates more than 12,500 locations in 82 countries and territories worldwide.