Fast Food Giant Yum Brands Announces Plans to Leave Russia With KFC Sale

INSUBCONTINENT EXCLUSIVE:
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
The chain was reopened in June under the name Vkusno-i Tochka (Tasty- Period).