INSUBCONTINENT EXCLUSIVE:
and franchise in Russia.The American company plans to fully exit the Russian market after selling the brand to a local buyer, state-run news
million roubles [$4.92 million], the Kommersant business daily reported in June.The agreement will see all of the restaurants rebranded,
although a new name is yet to be announced.Yum Brands Inc suspended all operations and investments in Russia in March following the
all 850 of its restaurants in Russia to one of its local licensees for an undisclosed sum
The chain was reopened in June under the name Vkusno-i Tochka (Tasty- Period).
