The Kusto Group, a Singapore-based industrial holding company that operates the Wendy's franchise in Central Asia, is planning to open 55 Wendy's outlets in Uzbekistan and Kazakhstan by 2030.
The company is also looking to introduce a "next generation" restaurant layout and a drive-thru system based on artificial intelligence in Kazakhstan by the second quarter of next year.
Wendy's had 1,122 international fast food restaurants across 32 foreign countries and US territories as of July 2, and it's pursuing further international expansion.
In the six-month period ending July 2, Wendy's International generated revenues of $62mn, compared to $910mn for Wendy's US operations.
Related Articles
US sanctions Indian petchem traders over Iran deals
The US Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned six Indian companies for their involvement in trading petrochemicals produced in Iran, according to a report released by ... more
Power of Siberia 2 gas pipeline deal with China to cut Russian domestic supplies
Completing the Power of Siberia 2 (POS2) gas pipeline linking China to Russia’s Yamal gas fields may reduce the amount of gas available to the domestic market, Russian Energy Minister Sergey ... more
Cameroon taps Ghana’s Sunon Asogli, China Energy for $312mn gas power plant
Cameroon has awarded Ghana’s Sunon Asogli Power and China Energy Engineering Corporation a contract to build a $312mn gas-fired power plant in the southwest city of Limbe, ending more than a decade ... more
Most Read
-
Renewable capacity growth is faster than ever, but more acceleration needed to meet Paris 2030 goal, says IEA
1 year ago
-
Kyrgyzstan abandons attempt to rescue Russian climber trapped on icy summit of country’s highest mountain
21 days ago
-
BERTRAND: China after Communism, preparing for a post-CCP China
1 month ago
-
Hungarian economy faces weak growth, slow path to price stability, central bank report shows
2 months ago
-
UKRAINE REMONT: The battle to build: signs of recovery in Ukraine's construction industry
5 months ago