Domestic McDonald's is 25 years old
The agreement over the establishment of the McDonald's restaurant network in Hungary was signed on the 10th of November 1986. The first restaurant opened on the 29th of April 1988 in Régiposta Street, Budapest. Today, the network has 100 units.
With the signing of the contract not only the McDonald's restaurant network arrived, but the first franchise system also appeared in Hungary.
McDonald's 2010 pre-tax profit was 112.1 million HUF in Hungary, which indicates a sharp decline since the 944.8 million HUF of 2009. In short, the first national restaurant chain had a 90 percent profit decline last year – writes mfor.hu.
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