McDonald’s has 196 restaurants in Austria, 85% of which operated by 45 franchisees.
The ten restaurants the Romanian executive got the franchise for operate in Graz, Feldkirchen by Graz and Seiersberg.
McDonald’s operates as a franchise in Romania, as well, though it has only one franchisee in the country, unlike Austria.
Daniel Boaje got EUR12 million for his 10% in McDonald’s Romania last year. He left his position at the helm of the Romanian operations of the fast-food restaurant chain in 2020, after almost a decade, and sold his 10%.
The buyer was Malta’s Premier Capital group, which became the sole owner of the operator of the McDonald’s business in Romania. Premier Capital got the McDonald’s Romanian franchise five years ago. This is also when Daniel Boaje got 10% in the business and continued as chief executive.
(English version by Loredana Fratila-Cristescu)