The restaurant chains Puzata Hata and Dva Gusya are looking for long-term loans to finance their development. Both companies are planning to increase their market shares, the Ekonomicheskiye Izvestiya business daily has reported.

Puzata Hata is looking for a strategic investor. "Today we reinvest all our profit in chain development. Commercial banks almost stopped issuing loans and we are not interested in taking loans under current rates. We are interested in ‘long’ money and we are holding talks with investors that may become our strategic partners. We are not interested in short-term credits," the director-general of Puzata Hata, Vladyslav Huliy, said.

Dva Gusya director-general Valeriy Yashnyk also said that the company is planning to attract an investor. The company needs 2-5 million dollars for development. Talks with several companies are underway.

"It is not difficult to find the required financing for these chains as the fast-food market is very attractive to strategic investors and capital investment funds," Concord Capital's managing director Vitaliy Strukov said.

April 7, 2009
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