COMPANY NEWS IN BRIEF
Former McDonald's reopened in Russia
Excitement was on the menu when former McDonald's restaurants reopened in Russia last month under new management and branding, but the successor to the golden-arched throne has a problem: a shortage of French fries.
McDonald's quit Russia after a Western backlash against Moscow's military campaign in Ukraine, which included a barrage of economic sanctions, and sold all the restaurants it owned to a local licensee in May.
The new ownership, however, now faces problems securing supplies of potatoes, blaming a poor harvest in Russia and difficulty in importing potatoes due to supply chain disruptions.
Under the new name Vkusno & tochka, or "Tasty and that's it", the restaurants started reopening on 12 June, and sold almost 120 000 burgers that day.
But after customers last week began posting pictures of menus without French fries, Vkusno & tochka said it would be leaving fries and potato wedges off the menus of some of the newly opened restaurants until autumn.
It said that while it had for years focused on buying ingredients locally, it was now "impossible to import from markets that might have become temporary suppliers of potatoes".-Fin24
Excitement was on the menu when former McDonald's restaurants reopened in Russia last month under new management and branding, but the successor to the golden-arched throne has a problem: a shortage of French fries.
McDonald's quit Russia after a Western backlash against Moscow's military campaign in Ukraine, which included a barrage of economic sanctions, and sold all the restaurants it owned to a local licensee in May.
The new ownership, however, now faces problems securing supplies of potatoes, blaming a poor harvest in Russia and difficulty in importing potatoes due to supply chain disruptions.
Under the new name Vkusno & tochka, or "Tasty and that's it", the restaurants started reopening on 12 June, and sold almost 120 000 burgers that day.
But after customers last week began posting pictures of menus without French fries, Vkusno & tochka said it would be leaving fries and potato wedges off the menus of some of the newly opened restaurants until autumn.
It said that while it had for years focused on buying ingredients locally, it was now "impossible to import from markets that might have become temporary suppliers of potatoes".-Fin24
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