Insider Business Only targeted expansion moves for McDonald's

Only targeted expansion moves for McDonald’s

Any new McDonald’s restaurants in Cyprus will be a targeted expansion move that will follow a carefully read market-study, according to Family Restaurants Andreou Co. Ltd Director General Renos Andreou.

Andreou, at the helm of the company which owns the famous fast food chain’s rights here in Cyprus, also told Insider Magazine in an interview that they are not willing to repeat mistakes made in other countries.

A lot of McDonald’s restaurants had to close down  because too much expansion turned them unprofitable, he said.

“Our moves are calculated and cautious. We will open more restaurant where and when we deem appropriate and essential,” he added.

As for plans to open a new MsDonald’s in coastal Larnaca,  at Dhekelia area, he said this move has been put off for 2020 following problems with permits from the competent authorities.

He also said that petroleum and gas tanks are still there, not removed as planned, and this certainly is a factor that delays overall development in the area.

“We hope that all obstacles will be overcome so as to open a new McDonald’s in that area by next year,” he said.

On the company’s general business model, Andreou said that what keeps them at the top is their strive for quality, fast service, cleanliness and prices that “every Cypriot and every foreigner can pay without feeling ‘cheated’. There are no secret recipes here, the company is a family business and we all give 100% of our abilities towards  achieving set goals.”

Andreou also said that they can see the trendy shift of consumers towards healthy eating, therefore their menu provides the option of food with lower calories.


Read more:


Top Stories

Yellow heat warning tomorrow-41 degrees

  The Met Office has issued a yellow heat warning as hot and dry conditions will persist tomorrow, though slightly downgraded in comparison with a...

Ireland delays easing of travel restrictions until July 20, has lowest infection rate in EU

  Ireland will ease quarantine restrictions on people travelling from abroad on July 20, with people arriving from a “green list” of countries with low...

5 day remand for husband in major fraud case against wife accountant

  The 63 year old husband of a 49 year old former head accountant in a Limassol based group of companies, suspect in a case...

One Covid patient remains at Famagusta referral hospital, 10 at Tersefanou rehabilitation

  One coronavirus patient remains at Famagusta General Hospital, the referral institution for the disease. He is reported to be in stable condition. Since March 11, when...

Police helmet appeal after fatal road accident

  Police have issued an appeal to motorcyclists to wear their helmets, following a fatal accident in Paphos at dawn. The town's superintendent, CID head Michalis...


Cyprus sprouts with cream and prosciutto

In a big, deep frying pan, fry the prosciutto in the olive oil, on medium heat for 2 minutes. Add the onion and garlic...

Pork burger with sundried tomatoes, mozzarella and anchovies

Mix all the ingredients together with the mince in a bowl, and combine well. Divide into 4 balls and form the burgers. Warm a griddle/pan...


Wash the lamb cauls with plenty of cold water and let them settle in water and vinegar for a little while. Soak the bread crumbs...

Loukaniko Pitsilias – Pitsilia Sausage

Pitsilia sausage is produced in the Pitsilia region from pork minced meat that is “cooked” ( matured) in the dry red wine of the...