Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Burger King and Popeyes restaurant brands are set for expansion in Eastern Europe after their owner, Restaurant Brands International, and McWin private investment fund signed a deal for it.
McWin and RBI’s agreement is aimed at growing Burger King in the said region. As part of the plan, they will build more store outlets in the Czech Republic, Poland, and Romania. This is possible after the Prague-based PEF company successfully obtained exclusive master franchise and development agreements from BK’s owner.
On Tuesday, Nov. 29, RBI confirmed the deal as well as the expansion of its Burger King restaurants in the mentioned three European nations. The company excitedly announced its affiliation with McWin, which is one of the most reputable food business operators in Europe.
RBI affirmed it has granted the rights for McWin to develop both Popeyes and BK in several territories in Eastern Europe. The first batch of new restaurant outlets for these fast-food brands is expected to open next year.
QSR Magazine reported that Mcwin will branch out the flame-grilled burger brand through its newly-established Rex Concepts CEE platform. Through the platform, Popeyes will be launched in Poland and the Czech Republic with plans to build 600 restaurants throughout the covered regions in the next 10 years.
"We are thrilled to have reached this milestone with McWin, and we are confident that their strong experience in developing businesses will translate to successful expansions of our iconic brands in Eastern Europe." Restaurant Brands International’s president, David Shear, said in a press release. "This announcement highlights our commitment to serving more guests with our iconic flame-grilled Whopper sandwich and our bold Louisiana-style chicken, among other favorites.”
The RBI president went on to say, “This is a big step in our ambitious expansion journey for these brands, and we're excited to keep growing our footprint across Eastern Europe."
McWin’s co-founder, Henry McGovern, also expressed excitement about the partnership. He said that this will further strengthen the company’s leadership position in Europe where they can see considerable growth opportunities.
Photo by: Marquise de Photographie/Unsplash
