Business news from Ukraine

MCDONALD’S OPENS RESTAURANT IN TERNOPIL

Enterprise with foreign investments McDonald’s Ukraine Ltd. (Kyiv), which develops the American chain of McDonald’s fast food restaurants in Ukraine, has opened its first restaurant in Ternopil located at 30, Hetmana Mazepy Street. The press service said that the new restaurant with 112 seats indoors and 128 seats outdoors is located in a one-story building with an area of 520 square meters. Around 100 employees service some 2,000 clients every day. The restaurant has the McDrive service.
The McDonald’s restaurant in Ternopil has become the ninth restaurant of the new format in Ukraine.
The first McDonald’s outlet in Ukraine opened in Kyiv on May 24, 1997.
Enterprise with foreign investments McDonald’s Ukraine Ltd. develops the chain.

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URBAN SPACE 500 RESTAURANT TO BE OPENED IN KYIV IN DEC

The public restaurant Urban Space 500, being launched under the social franchise contract of the Urban Space 100 Project in Ivano-Frankivsk, will be opened in Kyiv in December and will be located at 9, Hrynchenko Street, the founder of the Teple Misto platform, businessman, restaurant-keeper (the 23 restaurants chain) Yuriy Fyliuk has said in an interview with Interfax-Ukraine.
“Urban Space 500 is a social franchise that Teple Misto handed over to the NGO Insha Osvita. This organization began to collect social investors, selected the management company – Druzi Cafe & Bar is fully engaged in the implementation of this project. Today, they have all 500 donators. Reconstruction of the premises is under way. They are scheduled to open [the restaurant] on December 1,” Fyliuk said.
He said that the restaurant model provides for a certain number of donators (one hundred in Ivano-Frankivsk and five hundred in Kyiv), which make a one-time non-refundable contribution of $1,000. Donators become participants in a public organization, which in turn is the founder of a limited liability company that carries out operational activities.
Some 80% of the net profit of the restaurant is returned to the public organization, and its general meeting decides which city development projects to support using these funds. The remaining 20% goes to the management company.
“We received more than 250 requests from 15 countries for the replication of this experience. Today, the first franchise went to Kyiv. According to the plan, the two next cities are Kramatorsk and Poltava. There are requests from Berlin, San Francisco, other capitals of European countries, from Malaysia. It is very interesting [to realize it in] Berlin and Francisco. I think it will happen someday, but we are moving step by step. This is not easy project for it to take place. There must be a lot of factors coming together,” Fyliuk said.

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KFC OPENS THE 15TH RESTAURANT IN UKRAINE IN PREMISES EARLIER OCCUPIED BY MCDONALD’S

LLC Tasty Food, a partner of Yum! Brands (KFC), will open the 15th KFC restaurant in Ukraine on August 23, the company’s press service has reported. This restaurant will be the fifth for LLC Tasty Food, which has already opened three restaurants of the chain in Dnipro and one in Kyiv. The new restaurant will open in the premises at 26 Lesia Ukrainka Boulevard in Kyiv’s Pechersk area, which were earlier occupied by a McDonald’s restaurant. The latter closed in April due to the expiration of the rental period and a new rental rate deemed by the company as unprofitable.
The new KFC restaurant is designed for 150 seats, its area is 398 square meters, the company’s press service said. “The restaurant’s menu includes all the main KFC dishes from snacks and sandwiches to buckets and desserts. The restaurant will be open from 06.00 to 23:45 local time,” it said.
Four self-service kiosks will be installed in the restaurant to speed up the process of servicing due to the zone for receiving orders and a separate zone for order picking in keeping with the concept of fusion. “LLC Tasty Food is planning to open several more KFC restaurants within two years. The company is now actively recruiting employees who will be trained according to international food quality and food service standards adopted by KFC,” the company said.
KFC is an international brand of fast food restaurants, represented in more than 130 countries. The network includes more than 21,000 restaurants. The company employs over 300,000 employees. The first restaurant of the KFC chain in Ukraine opened in Kyiv late in 2012. As of August 2018, the chain in Ukraine numbered 14 restaurants.

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