McDonald's stands by its Baltic plans

Article Abstract:

Illinois-based McDonald's plans to open 10 more fast-food stores in 1999, in the Baltic States of Latvia, Estonia and Lithuania. Despite the economic crisis in neighboring Russia, Reuters reported that McDonald's sales in Russia was strong. The company plans to invest about $4 million to open its new restaurants, which will expand its locations in the region to 14. The fast-food chain will open three restaurants in Estonia and four in Lithuania. McDonald's opened its first store in the region in the Latvian capital of Riga in 1994.

Comment:

Plans to open 10 more fast-food stores in 1999, in the Baltic States of Latvia, Estonia and Lithuania

Lithuania, Food Services and Drinking Places, Latvia, Estonia, Eating Places, Restaurants, McDonald's Corp.

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Russian PC market surges

Article Abstract:

WorldSpace Corp. intends to shell out $500 million to launch a digital radio broadcasting system in Africa in three years. The Washington, DC-headquartered WorldSpace aims to have five million receivers in the next five years to provide the area with news, entertainment and other programming in the quality of FM and availability of AM, according to Sam Holt, vice president for WorldSpace in Africa. The company has also forged an agreement to handle programming of broadcasters in Liberia and Uganda.

Comment:

Plans to shell out $500 million to launch a digital radio broadcasting system in Africa in three years

Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing, Africa, Digital Audio for TV Equip, Broadcasting equipment, Digital audio equipment, WorldSpace Corp.

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Shipping to Eastern Europe: the reach exceeds the grasp

Article Abstract:

The booming Eastern European market has been spurred by the emergence of more private companies and the trend towards a regional free market economy. These conditions have generated problems for the shipment of goods in the region. The situation is compounded by the absence of well- developed and maintained infrastructural networks for transportation. Several shippers, freight forwarders, logistics and other companies are creating new services to solve the shipment problem.

Eastern Europe, Services development, Freight Transportation Arrangement, Deep Sea Freight Transportation, Marine Cargo Handling, Shipments data, Freight Forwarders & Consolidators, Containerships, Containerports, Freight transportation industry, Container ships, Container ports

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