In June 1997, the first McDonald's Restaurant in Cyprus opened in Phinikoudes, Laaca, by family Restaurants Co. Ltd. The company was established by Mr. Michalis Andreou and his brother Mr. Renos Andreou.

Today there are 16 McDonald's fast food Restaurants in Cyprus, located in Nicosia, Limassol, Paphos, Laaca and Ayia Napa.