# KFC franchisees in Russia ask govt to halt sale of stores to local operator – RIA
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2023-01-12
Category: NEWS
Category URL: https://financedigest.com/category/news
Meta Title: KFC franchisees in Russia appeal to government over sale
Meta Description: Russian KFC franchisees urge government to halt Yum! Brands sale to local operator as it may harm restaurant market, requiring Russian commission approval.
URL: https://financedigest.com/kfc-franchisees-in-russia-ask-govt-to-halt-sale-of-stores-to-local-operator-riahtml

![undefined](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/2023-01-12t062659z1lynxmpej0b05brtroptp4yum-brands-russia-1736814579825-compressed.jpg)

MOSCOW (Reuters) – A number of KFC franchisees in Russia have asked the government to stop the sale of the Yum! Brands restaurant business to the local operator, the RIA news agency said, citing Russia’s restaurant market commissioner.

Yum Brands said in October that it had reached a deal to sell its KFC restaurants in Russia to Smart Service Ltd.

According to RIA, some franchisees have asked the [Russian government to suspend the sale](https://www.financedigest.com/russian-retail-sales-fall-deeper-jobless-rate-rises-in-sept-data.html "Russian retail sales fall deeper, jobless rate rises in Sept – data") as it could hurt the restaurant market. The deal needs a Russian government [commission’s approval](https://www.financedigest.com/eu-commission-approves-delay-in-medical-devices-law-to-avert-shortages.html "EU commission approves delay in medical devices law to avert shortages").

[(Reporting by Reuters; Editing by Jacqueline Wong)](https://www.financedigest.com/indonesia-to-tighten-used-shoe-import-controls-after-reuters-report.html "Indonesia to tighten used shoe import controls after Reuters report")


---
This blog is powered by Superblog. Visit https://superblog.ai to know more.
---