Cofix to open 1,000 branches in Russia

The coffee chain, Cofix has announced that it has closed a deal to expand into Russia where it will establish 1,000 new branches. The coffee giant, which has opened up hundreds of branches in Israel in recent years, will sell food and beverage products at a fixed cheap price.

According to the statement released by Cofix, 300 of its stores will be constructed in Moscow alone while the remaining 700 will be built across the rest of the country.