KFC is leaving Russia

World - Jul 6, 2022
KFC is leaving Russia

"Yum! Brands" the owner of the KFC chain, is in serious negotiations to sell its business in Russia to a local operator.

The company's press service reported on this on Tuesday.

"The company is in the early stages of negotiations to transfer the KFC restaurants, operating system and franchise rights, including the franchise restaurant chain, to a local operator," the company's website said.

It should be noted that before this another "fast food" giant - "McDonals" also left its market in Russia.