Tag Archives: business in russia

The Best Business to Open in Russia

This photo was taken by the author inside the lone McDonalds in Sevastopol, Ukraine on a weekday afternoon. The crowd size is standard.

It may not be chic, but if I were to open a business in Russia, it’d be a fast-food chain. In all my travels through Russia and Ukraine, I have never, ever encountered a slow McDonalds. There are always, always lines. The same goes for the Wendy’s I’ve seen, the Subway (Sandwich Shops) and the Sbarro’s Pizza. All these places are clearly making money hand over fist. Why? Because thanks to the trickle-down of their oil-economy, Russia has a growing middle class with money to burn, and they yearn for western-style fast food. That, plus Russian cities are finally developing ... Read More »