Yum! Brands plans to expand its presence in Russia and Commonwealth of Independent States (CIS), revealing that it intends to expand the number of KFC restaurants there.
“We’re going to keep on increasing the number of restaurants in Russia and the CIS, and we plan to manage up to 1,000 outlets by 2020,” Raisa Polyakova, general director of KFC Russia, said, according to a report from Russian Online Journal.
The present number of KFC restaurants in the region is around 600. The company is targeting cities with populations of less than 100,000 for its expansion.
Yum! Brands is also the parent company of Pizza Hut and Taco Bell. The company is headquartered in Louisville, Kentucky.
KFC increases number of its restaurants in post-Soviet area up to 1000
Yum Brands, an American fast food corporation operating the brands Taco Bell, KFC, Pizza Hut, and WingStreet worldwide, plans by 2020 to increase the number of KFC restaurants in Russia and CIS countries by 1.7 times — up to 1000 outlets, General Director of KFC Russia, Raisa Polyakova, announced.