Kusto Group planning to launch 55 Wendy’s outlets in Uzbekistan and Kazakhstan by 2030

By bne IntelIiNews October 18, 2023

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.

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