Lotte Group to open 10 fast food restaurants in Jakarta

The Jakarta Post, Jakarta | Wed, 03/16/2011

South Korean firm Lotte Group said on Wednesday it will open 10 fast food restaurants in Greater Jakarta this year.

The restaurant, to be named Lotteria, will be established jointly with AJBS Group, which will owns 49 percent of its shares.

“In the next five years, we expect to open 100 Lotteria in Greater Jakarta,” Lotteria director Yi Su Il said.

The company said it planned to open 100 new branches across Greater Jakarta over the next five years.