Russia rebrands McDonald’s New Russian name “Vkusno & tochka” – translates as “Tasty and that’s it” New logo Stylized burger patty and two fries in shape of letter “M” Branches Chain will keep old McDonald’s interior but will remove any trace of former name First 15 restaurants Opened in and around Moscow on June 12 Another 200 By end of June All 850 By end of summer Menu Big Mac and other burgers and desserts such as McFlurry are missing. Other popular items are on smaller menu at slightly lower prices Double cheeseburger 129 roubles ($2.31) McDonald’s price 160 Fish burger 169 roubles ($2.93) McDonald’s price 190 Ingredients Most come from within Russia. Some items initially unavailable due to logistical difficulties and because some suppliers – such as Coca Cola – have left Russia New ownership Russian billionaire Alexander Govor (below) has taken over franchise operation Govor says he paid figure “far lower than market price” McDonald’s will have option to buy back its restaurants within 15 years, according to Russian authorities Management / staff Business being run by Oleg Paroev – McDonald’s former Russian head Govor agreed to retain chain’s 62,000 employees for at least two years Revenue Russia and Ukraine accounted for about 9% of McDonald’s global sales in 2021 Sources: Business Insider, Reuters Pictures: Getty Images © GRAPHIC NEWS