The Latest Breaking News from Alexander Govor

Bean counters: how Russia’s wealthy profited from exit of western brands

Buyers of Starbucks operations say they paid £4.7m for assets, despite 2021 revenues ten times that figure

The Guardian - AU · Jun 14, 2023

Russia's rebranded McDonald's sells 120,000 burgers on opening day

Big Macs and McFlurrys are off the menu in Russia after the chain pulled out of the country over its actions in Ukraine - but the new firm Vkusno & tochka, or "Tasty and that's it" reportedly had a record-breaking opening day

Daily Mirror · Jun 22, 2022

Alexander Govor: The Siberian billionaire behind the ‘Russian McDonald’s’

First 15 branches of Vkusno i Tochka open in Moscow, without McNuggets or McFlurrys, after American fast-food giant boycotts country over war in Ukraine

The Independent UK · Jun 15, 2022

Huge queues as McDonald's reopens in Russia under new 'tasty' name and changed menu

McDonald's was one of dozens of western companies that pulled out of Russia after its invasion of Ukraine, but after a businessman snapped up all the outlets the chain has reopened today under a new name

Daily Mirror · Jun 12, 2022

McDonald’s restaurants in Russia reopen under new brand

Named Vkusno & tochka (‘Tasty and that’s it’), the fast-food chain appears to be a copy of the American original

The Guardian - UK · Jun 12, 2022

Muscovites flock to new fast food restaurant replacing McDonald’s

Hundreds of Russians queued for hours to try the new restaurant which has replaced McDonald’s after the fast-food giant quit the country following the invasion of Ukraine.

Evening Standard · Jun 12, 2022

McDonald's successor opens in Moscow

Three months after McDonald’s suspended operations in Russia, its famous former outlet on Moscow’s Pushkin Square as the restaurant reopened under a Russian owner and a new name

The Independent UK · Jun 12, 2022

Former McDonald’s restaurants unveil unrecognisable new logo as they reopen in Russia

McDonald’s pulled out of the country last month following the Russian invasion of Ukraine, and the fast food restaurants are set to reopen with new branding

Chronicle Live · Jun 10, 2022

McDonald's to reopen in Russia under new branding as fast-food restaurant shares logo

The big reopening of the McDonald's sites will take place at the same flagship location in Moscow's Pushkin Square where the company first opened in Russia in January 1990

Daily Mirror · Jun 10, 2022

Rebranded McDonald's Restaurants To Reopen In Russia: Reuters

Russia's fast-food scene is in for a massive overhaul as former McDonald's Corp (NYSE:MCD) restaurants are set to reopen under new branding and ownership, Reuters reported. The fast food restaurant chain was opened about three decades ago in early 1990. Recently, MCD entered into a sale and purchase agreement with its existing licensee Alexander Govor…

Benzinga · Jun 10, 2022