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Saturday 18.11.2017 | Name days: Doloresa, Aleksandrs
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McDonalds earns 318 000 LVL in Latvia in 2012

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Аuthor: Evija Trifanova/LETAThe McDonalds fast food restaurant network has earned more than 318 000 LVL in Latvia in 2012. More than 2.8 million LVL were paid to the state in the form of taxes.

The number of clients serviced in 2012 – 9.6 million – is one of the largest in McDonalds‘ time of economic activity in Latvia. Sales volumes have increased also – by 18%, compared to the year before, reaching a total of 11.4 million LVL.

Of all Baltic states, Latvia shows the largest sales and client number increase, McDonalds reports.

A new restaurant opened in Riga, Vienibas gatve 115a. The one on Brivibas gatve 434 was reconstructed. This cost a total 1.3 million LVL of investments.

“This year started quite successful for us. We see positive trends in the market – the gradual increase of residents’ purchasing power, the so-called “eating out” habit is becoming more popular in the Baltic states. This allows us to predict that the sales volume of 2013 could grow by approximately 11% in the Baltics and by 9% in Latvia”, – CEO of McDonalds in the Baltics Tomass Navrockis comments.

A second McDonalds restaurant was opened in Jelgava in the beginning of 2013. A restaurant in Riga, Krasta Street 101 is expected to be reconstructed in the second half of 2013. It is planned to invest 2.45 million LVL in the Baltic states this year.

McDonald has 50 confirmed suppliers from all over Europe in the Baltics, including eight local producers. For example, Lithuanian UAB Salprone supplies the restaurant network with salads and vegetables in the Baltics. Milk is supplied by the Latvian Food Union company.

McDonalds is a fast food restaurant network with more than 34 000 locations, servicing around 69 million clients in 119 countries around the world. McDonalds first appeared in Latvia in 1994, opening a restaurant in Old Riga. There are currently 12 McDonalds restaurants in Latvia – ten in Riga, one in Daugavpils and one in Jelgava.

Ref: 102.109.109.7203


Leave a reply

  1. JPR says:

    Peanuts!

    Thumb up 0 Thumb down 0

  2. Piotr says:

    We will all look like fatty Americans before long!!

    Thumb up 0 Thumb down 0

  3. jj says:

    Only milk from Latvia???

    Why not potatoes? Why not chicken?

    Thumb up 0 Thumb down 0

  4. Ronnie says:

    They do not make money whith me and my kids.On the other side I make money with my Mac Do shares .So boycott that shitty food and do like me.

    Thumb up 0 Thumb down 0

  5. Muhammad Aftab Alam says:

    Dear Sir/Madam ,

    I am looking for job in Mcdonalds Restaurant as a Customer Services Manager as I have 5 years working experience in Mcdonalds Restaurant from London, U.K.

    Please contact me on 0092-3369942130.

    Email aftabalam808@gmail.com.

    Thumb up 0 Thumb down 0

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