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Franchise News - Article
12.01.2009
ROSTIK'S KFC opens its 100th franchise restaurant
ROSTIK'S KFC, a leading quick-service restaurant chain, has announced the opening of its 100th QSR franchise restaurant in the city of Ufa in Russia. ROSTIK’S KFC is a strategic alliance formed in 2005 between the Rostik Group and Yum! Brands. It currently has 154 outlets and operates in 24 cities of Russia and the CIS. According to the information provided, 65% of the network is owned and operated by franchisees.
Further information given reveals that the chain has ambitious plans to expand its network throughout Russia and the CIS. It is, it says, especially looking at cities such as Saratov, Volgograd, Yaroslavl, Ryazan, Lipetsk, Sochi, Kemerovo, Tomsk, Novokuznetsk, Khabarovsk, Vladivostok, Barnaul, Voronezh, Orenburg, Belgorod, Nizhniy Tagil, Kursk, Penza.
Nick Hluszko, General Director of ROSTIK'S KFC, commented, “Development and support of our franchise business is one of the key priorities for the company, as it provides us with an opportunity for effective and rapid business development. We have a proven business model and a brand that has great appeal in the market which provides for a successful formula. We have a strong, existing franchisee network with many long-term partners who continue to grow and expand. Next year our franchise family will continue its growth as we plan to find reliable partners almost in 20 cities of Russia".
ROSTIK'S KFC is, it says, the leading quick-service restaurant chain specializing in chicken dishes in Russia and CIS. The chain was founded in 1993 under the name ROSTIK’S. In 2006, it was rebranded into ROSTIK’S KFC as the result of a strategic partnership signed in 2005 between the Rostik Group corporation and Yum!Brands. Yum! Brands Inc. Louisville (Kentucky) operates 34,000 restaurants in more than 100 countries and territories and owns well-known brands such as KFC (Kentucky Fried Chicken), Pizza Hut, Taco Bell, A&W and Long John Silver's. (kbp)
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