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Brinker International Inc. has entered into a development agreement with Trio's Group Ltd. to launch the Chili's Grill & Bar chain in Russia. The deal involves the development 25 restaurants in the Russian Federation by June 2017, with the first Chili's opening in November 2010 in Moscow.
Trio's Group Ltd. is a privately held company headquartered in Geneva, Switzerland, that was founded by three business partners for the sole purpose of developing and operating Chili's Grill & Bar in Russia.
"We're proud to team up with Trio's Group to extend our international presence into one of the world's largest consumer markets," said John Reale, president of global business development for Brinker International. "Russia offers vast potential for the Chili's brand, and we look forward to sharing our unique bold flavors and dining experience with guests throughout the country."
Brinker International currently owns, operates or franchises 203 international locations in 29 countries and two territories outside the United States. As part of the company's goal to become the globally dominant casual dining portfolio company, Brinker -- which also operates the On The Border Mexican Grill & Cantina and Maggiano's Little Italy chains and holds a minority stake in Romano's Macaroni Grill -- plans to have 500 restaurants open outside the United States by 2014.
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