Business Standard

McDonald's Russia franchisees to have option of working under new brand

Russia's McDonald franchisees will now be able to operate under a new brand, according a statement by TASS

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McDonald's Corp franchisees in Russia will have the option of working under a new brand that will launch imminently, the TASS news agency quoted Oleg Paroev, McDonald's Russia's general director, as saying on Friday.
"There will be a new brand and we will offer our current franchisees to join the new system on new commercial terms, to which they can either agree or refuse," Paroev said. "It is in everyone's interests to launch the new brand as soon as possible.
"The brand itself, under which (they) work, will have to change. They won't be able to work under McDonald's," Paroev said. "The

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