Key people Iskander Makhmudov (Co-Owner)Mikhail Zelman (Co-Owner) | ||
The Wenrus Restaurant Group is a company operating the Wendy's restaurant chain in Russia.
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Corporate Information
The Wenrus Restaurant Group is an affiliate of Food Service Capital. Food Service Capital’s businesses include:
Iskander Makhmudov owns Food Service Capital, along with Mikhail Zelman and their business partners.
History
In August 2011, the first Wendy's restaurant opened in Russia. Wendy’s/Arby’s International and Wenrus are planning to develop 180 restaurants over the next 10 years in Russia. Each restaurant will contain a Wendy’s and Arby’s.
Future plans
Wenrus Restaurant Group plans to open 192 restaurants in the country by 2020, involving a total investment of $132 million, with a plan to invest $40 million in the first five years. According to Alexandra Boeva, an external spokeswoman for Wenrus, the first 50 restaurants will be opened by 2015.