ArmInfo. One of the world's largest fast-food restaurant chains, the international brand Subway, is considering entering the Armenian market. This was reported by the press service of the Ministry of Economy, citing the results of a meeting between Armenian Minister of Economy Gevorg Papoyan, Efe Celik, Regional Director of the international brand Subway, and Armenian investor Levon Hayrapetyan.
According to the source, the parties discussed the possibility of the international fast-food chain Subway entering the Armenian market and opening more than 60 branches in the country. Investments in each branch will range from $150,000 to $300,000.
Company representatives noted that the project could contribute to the creation of new jobs, the development of a culture of international franchising, the attraction of local suppliers, and the implementation of international standards in the catering industry. Subway is one of the world's largest fast- food restaurant chains, specializing in sandwiches, salads, and wraps. The company was founded in 1965 in the United States.
The chain operates under a franchise model and operates over 37,000 restaurants in approximately 100 countries. Subway is considered one of the largest franchisors in the food service industry. In recent years, the company has been actively expanding its international presence and updating its restaurant concepts and menus.
