business • 1674121500
One of the fast food giants, the American Subway, which also operates in Georgia based on the franchise model, may be sold for several billion dollars, the authoritative American publication, The Wall Street Journal, writes about this.
According to the publication, both corporations and private equity companies are interested in buying Subway - in total, the company is valued at more than $10 billion.
"We are a private company, so we do not comment on the governance structure and business development," Subway said in a statement. At this point, we are focusing on brand development to help our franchisees achieve success and increase profitability." For the record, Subway has been run by the founding families for the past five decades.
Today, Subway has about twenty-one thousand branches in the United States of America, with the help of which, in 2021, the company was able to generate $9.4 billion in revenue. This number is 13% higher than the pre-pandemic result recorded a year earlier. As of 2021, Subway has 37 000 branches worldwide - 9 of them in Georgia.
The results of yesterday's sociological survey were the anecdote of the century, - Mikheil Saakashvili, the third president of Georgia, writes about this on the social network. According to him, the U...
Politics • 1713170889
It is a matter of principle that people should come out and protect the free and Euro-Atlantic future of this country, - the leader of "Girchi - more freedom" Zurab Japaridze said at the current rally...
Politics • 1713170836
Organized by civil organizations, the rally against the draft law "On transparency of foreign influence" will be held this evening at 19:00. The participants of the protest will gather at the parliame...
Society • 1713170794
The government is trying to cut off our connection with the West. It seems that the instruction came from Russia for the second time, Ana Dolidze, the leader of the People's party, said about this. Ac...
Politics • 1713170749
According to Shalva Papuashvili, Chairman of the Parliament, by defining the candidate for deputy in the party lists as delegates, the parties will have the opportunity to propose to the voters who ca...
Politics • 1711454381
The national football team of Georgia will face the national team of Greece today in the final match of the qualifying stage of Euro 2024. The match will start at "Dinamo Arena" at 21:00. Simultaneous...
Society • 1711454348