Wen Restaurant LLC and Wendy's Announce Agreement to Bring 20 New Wendy's Restaurants to Armenia
Wen Restaurant LLC and Wendy's Announce Agreement to Bring 20 New Wendy's Restaurants to Armenia |
[16-July-2025] |
Development expected to generate approximately 600 new jobs across Armenia, supporting local economic growth YEREVAN, Armenia, July 16, 2025 /PRNewswire/ -- Wen Restaurant LLC announced today an exclusive franchise agreement with The Wendy's Company to develop 20 new Wendy's® restaurants in Armenia through 2030. A recognized leader in the food, retail, hospitality, and distribution industries, Wen Restaurant's deep operational expertise and market insights uniquely positions them to bring Wendy's to Armenia consumers. The first Wendy's restaurant in Armenia is expected to open in Yerevan's city center. Hrant Grigoryan, Chief Executive Officer at Wen Restaurant LLC said, "We are proud to introduce Wendy's to consumers in Armenia. Wendy's is an iconic brand with proven success and untapped potential in the region. We are confident that Armenian consumers will embrace Wendy's high-quality, fresh food, and we look forward to delivering the exceptional customer experiences that will create lifelong brand fans across the country." E.J. Wunsch, President, International at The Wendy's Company said, "We are thrilled to partner with Wen Restaurant to bring Wendy's fresh, famous food and unmatched hospitality to local communities in Armenia. Earlier this year, I shared that 70 percent of our expansion will occur outside the United States, with plans to reach 2,000 international restaurants by 2028. This new partnership supports that goal and marks an exciting milestone on our international growth journey. With the power of the Wendy's brand and the deep local knowledge of our Wen Restaurant partners, we will build a high performing, differentiated QSR brand that reflects our 'globally great, locally even better' mindset." Founded in 1969, Wendy's is one of the world's leading quick-service restaurant brands. The brand's commitment to serving fresh, famous food while providing high-quality experiences through exceptional hospitality and modern restaurant designs is a differentiator in the industry. Known for its made-to-order square hamburgers, Spicy Chicken sandwiches and nuggets, and the cool, creamy Frosty® dessert, Wendy's high-quality offerings will bring innovation and excitement to the Italian fast-food scene. About Wen Restaurant LLC About Wendy's *Fresh beef available in the contiguous U.S. and Alaska, as well as Canada, Mexico, Puerto Rico, the UK, and other select international markets.
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Company Codes: NASDAQ-NMS:WEN |
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