Lotte Group to open 10 fast food restaurants in Jakarta

March 16, 2011, 06.01 PM  | Reporter: Edy Can
Lotte Group to open 10 fast food restaurants in Jakarta

ILUSTRASI. Para analis menilai valuasi Charoen Pokphand (CPIN) tinggi dan belum merekomendasikan beli.


JAKARTA. South Korean firm Lotte Group said on Wednesday it will open 10 fast food restaurants in Greater Jakarta this year.

The restaurant, to be named Lotteria, will be established jointly with AJBS Group, which will owns 49 percent of its shares.

“In the next five years, we expect to open 100 Lotteria in Greater Jakarta,” Lotteria director Yi Su Il said.

The company said it planned to open 100 new branches across Greater Jakarta over the next five years. (The Jakarta Post)

Editor: Edy Can

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