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Stock impact report

McDonald's to invest €150m in Ireland to open 25 new outlets [Yahoo! Finance]

McDonald's Corporation (MCD) 
Last mcdonald's corporation earnings: 4/30 06:58 am Check Earnings Report
Company Research Source: Yahoo! Finance
McDonald's is set to invest more than €150m in its Irish business over the next five years to open 25 additional restaurants, according to a RTÉ report. The expansion will also create around 1,750 jobs. According to the report, the fast-food giant began its latest expansion by opening a new restaurant in New Ross last month, which the company is treating as the first step in a multi-year growth strategy. The group intends to add five outlets a year over five years. McDonald's UK and Ireland development vice-president Mike Spencer was quoted by the publication as saying: "The outlook for McDonald's in Ireland is very positive, and we have a clear plan to invest more than €150m here over the next five years. “That investment will support the opening of up to five new restaurants each year - around 25 in total - and the creation of approximately 1,750 new jobs across the country.” McDonald's will mark 50 years in Ireland next year and plans to open its 100th restaurant in th Show less Read more
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