The Golden Arches (McDonald's) increases investment in the region

The Golden Arches group, which manages the McDonald's franchise in Central America, announce that Costa Rica and Panama will receive an investment of more than $3 million in remodeling and new restaurants.

Wednesday, October 8, 2008

Loney Armijo, regional operations director of Golden Arches, said that they will be investing some $3.5 million in Panama in 2008 and 2009. While in Costa Rica it will be $4 million since they are planning to open 4 new restaurants in Villa Grecia, San Ramon and Liberia.



More on this topic

McDonald's to Open Four Branches in Costa Rica

July 2010

By the end of the year, the multinational fast food chain plans to open four new restaurants.

Arcos Dorados, owner of the Costa Rican McDonald's franchise, expects to hire 300 people to work in the new restaurants.

Maureen Dávila, human resources manager for McDonald’s Costa Rica, commented to Elfinancierocr.com that, “the location of the new restaurants is still being studied and negotiated so we cannot disclose that information at the moment”.

Costa Rica: McDonald's opens first "ecological" restaurant

August 2009

The $2 million restaurant maximizes usage of natural light and does not need air conditioning.

Located in Lindora, Santa Ana, western San José, it has 400 square meters of construction. It employs 50 people, and is the chain's 34th store in the country.

According to Arcos Dorados, McDonald's operator in Costa Rica and Latin America, this is the first "ecological" restaurant in Central America.

McDonald's to Open Three More Stores in Panama

March 2009

Each of these new restaurants will involve an investment of between $800 thousand and $1 million.

Two of the stores are located in the Albrook Mall and one on the road to the National Stadium.

Loney Armijo, regional director for McDonald's told La Estrella de Panama that "the restaurant chain continues to innovate with stores working 24 hours a day and the opening ice cream kiosks in different parts of the country."

McDonald's expands in Panama

October 2008

The McDonald's restaurant chain will inaugurate four new restaurants this year and will increase their opening hours.

Two of the new branches, at Villa de Las Fuentes and at Brisas del Gol, have already opened.

Between 1.2 and 1.3 million dollars were invested in the opening of each new restaurant.

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