In collaboration with Russian restaurateur and franchise partner Arkady Novikov, owner and operator of LLC Doughnuts Cafe, the first Krispy Kreme doughnut shop in Moscow is scheduled to open on Thursday, Sept. 12.
With the opening of the new Moscow location, the international sweet treat retailer will have a presence in 22 countries around the world.
“We look forward to working with Mr. Novikov and the LLC Doughnuts Cafe team as they continue to expand in Moscow,” explains Jeff Welch, Krispy Kreme president-International.[ Also Read: Welcome to Moscow, the Silicon Valley of Russia ]
Krispy Kreme Doughnut Corporation announced a development agreement for Moscow with LLC Doughnuts Cafe, wholly owned and operated by Arkady Novikov, owner of the Novikov Restaurant Group, in April 2012.
Under the agreement, LLC Doughnuts Cafe has agreed to build 40 Krispy Kreme shops in the city of Moscow.
Krispy Kreme’s most recent international market openings include Edinburgh and Bangalore, with the opening of a new Singapore location planned for later this year.
Additionally, it is currently working on new development opportunities in Central and South America.