Just months after McDonald's suspended operations in Russia, the shuttered stores are reopening with a new owner, name and logo. MOSCOW, Russia — Three months after McDonald's suspended operations in Russia, hundreds of people streamed into its famous former outlet on Moscow's Pushkin Square as the restaurant reopened Sunday under a Russian owner and a new name. In March, McDonald's halted operations of its company-run restaurants in Russia. Two months later, McDonald's decided to leave Russia altogether and sold its 850 restaurants to Alexander Govor, who held licenses for 25 franchises in Siberia. It wasn't until a couple of hours before the Pushkin Square restaurant opened that the Russian chain's new name was announced: Vkusno-i Tochka (Tasty-period).

Source: The Nation June 12, 2022 13:51 UTC