Business Services Industry
McDonald's delegation on route. (Israeli site inspection)
Israel Business Today, December, 1992
A delegation from the European branch of McDonald's is expected to arrive in Israel in the next few days. The 10-member delegation will meet with businessman Omri Padan who heads a group of investors chosen by McDonald's to open its first restaurants in Israel (see IBT vol 305). The delegation will check sites being considered as locations for the restaurant chain's first branches in Israel.
McDonald's is considered to be the large$t fast-food chain in the world. It's 1991 sales turnover reached $19.9 billion. It is estimated that every 13.5 hours on the average a new McDonald's restaurant opens somewhere in the world. The largest of its restaurants is in Beijing, China and its newest branch just opened in Morocco. Eighty percent of the branches are privately...
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