Costa Rican Restaurants Open in Panama

Costa Rican Brands of restaurants chains and coffee shops such as Spoon and La Fabbrica are counting on economic growth in Panama and opening branches in the capital.

Tuesday, January 20, 2015

AT the moment the restaurant chain La Fabbrica is maintaining its expansion with an increase of between 10% and 15% in Central America, while Spoon plans to start exporting Costa Rican branded products to Nicaragua, Panama and Puerto Rico.

Olivio Mena, CEO of La Fabbrica told Capital.com.pa that "... The company decided to venture into the Panamanian territory because of to the good economic indicators over there. " "... By taking this step the company hopes to continue conquering new markets; the next will be the Dominican Republic, where they see great potential because it has one of the best economies in the region and a large number of tourists visit the country. "

Meanwhile, the manager of the restaurant chain Spoon, Clemencia Palomo, added "... We will start by selling cakes, frozen desserts and groceries. " "... Highlights include the progress of talks with two major supermarket chains and two distributors in Panama. With this the company aims to position the brand in other countries and to approach the products as a platform for converting it into a franchise in the future. "

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