Eurasia Networks Group has signed a shareholders' agreement for a JV in the F&B business sector in Uzbekistan with global food and culture company Hankyung Comm.
The signing of the agreement paves the way for the two parties to develop a comprehensive F&B business partnership in Uzbekistan through various initiatives and cooperation, such as launching high-end Korean restaurant and chicken & café franchises.
As the first Korean F&B franchise business in Uzbekistan, it is expected to generate revenues in Uzbekistan, which is a blue ocean for F&B business, and grant opportunities to grow in new markets. It is also expected to become a symbolic business that spreads Korean food culture, which is more than just offering Korean cuisine.
In the meantime, HanKyung Comm. is an outstanding company specializing in the F&B business sector that is currently actively operating 12 franchises, including Yukjundabang, Soul Hanwoo, Samdeok Tongdak, and Paran Manjang. Hankyung Comm. is expanding not only in Korea but also in global markets such as the United States, Thailand, and Vietnam through logistics, distribution, and trade.(www.hkcomm.co.kr)
※ Source : Eurasia Networks Planning Team
