Yum! Brands to acquire Russia’s Rostik’s-KFC Network
In 2005, Rostik Group and Yum! Brands struck a strategic alliance agreement to manage and develop fast food restaurants under the Rostik’s-KFC brand which specialises on chicken dishes, in Russia and the CIS.
Rostik’s-KFC belongs to its founder Rostislav Ordovsky-Tanayevsky Blanco. Rostik’s-KFC’s network has about 160 restaurants, most of which work on a franchise basis.
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