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.
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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.”
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By GlobalDataMcDonald’s will mark 50 years in Ireland next year and plans to open its 100th restaurant in the country in 2027 to coincide with the anniversary.
The chain currently operates 96 restaurants nationwide, run by 18 Irish franchisees. They employ more than 7,000 people and contribute in excess of €414m to the Irish economy each year.
Spencer stated: “We plan that our 50th anniversary in Ireland next year will coincide with the opening of our 100th restaurant in Ireland.”
Alongside opening new outlets, McDonald’s is allocating funds to modernise existing sites. This includes a €3m upgrade of the Cork Douglas restaurant, overseen by local franchisee Jim Ronayne.
Across Cork, the company employs more than 1,100 staff.
McDonald’s said it spends more than €240m each year through its Irish supply chain, sourcing from producers and partners nationwide.
