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. Last Updated: 07/27/2016

Fast Food Chief Starts Winer

McDonald's Russia chairman Marc Winer, who led the expansion of the fast-food restaurant chain from one location in 1989 to 31 today, has left the corporation to start his own consultancy, M. Winer International Ltd.

Winer, who left McDonald's at the beginning of the year, said he has big plans for his new business, which will aid Russian companies in restructuring and in raising finance from abroad.

"There are very many good and honest businessmen here, and the interest of the West toward Russia is greater than ever," Winer said, explaining his decision. "It makes me feel I am doing something productive."

Winer has already signed up one big client -- Yekaterinburg-based heavy-machine manufacturer Uralmash -- that his firm will help institute Western-style business practices.

Winer, 51, was instrumental in setting up Russia's first McDonald's at Pushkinskaya Square in 1989, and later supervised the fast-food chain's expansion.