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Russia's McDonald's successor applies for trademark in Kazakhstan

ASTANA (Reuters) - Vkusno & tochka, the Russian successor brand to McDonald's (NYSE:MCD), has applied to have its trademarks registered in neighbouring Kazakhstan following the...
Russia's McDonald's successor applies for trademark in Kazakhstan © Reuters. FILE PHOTO: People gather near the new restaurant "Vkusno & tochka", which opens following McDonald's Corp company's exit from the Russian market, in Moscow, Russia June 12, 2022. REUTERS/Evgenia Novozhenina
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ASTANA (Reuters) - Vkusno & tochka, the Russian successor brand to McDonald's (NYSE:MCD), has applied to have its trademarks registered in neighbouring Kazakhstan following the U.S. company's exit from its market, the Kazakh government said on Monday.

McDonald's and its Kazakh licensee terminated their agreement this month, citing supply issues.

Sources earlier told Reuters McDonald's Kazakhstan had stopped buying supplies from Russia and had trouble replacing them.

McDonald's closed its Russian restaurants soon after Moscow sent tens of thousands of troops into Ukraine last February, eventually selling to a local licensee, Alexander Govor, who unveiled the Vkusno & tochka brand in June.

The Russian company did not immediately reply to a request for comment.

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    FTSE 100 7,684.49 ↑ Sell  
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    IBEX 35 10,138.90 ↑ Sell  
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    Bayer 28.91 ↑ Sell  
    Allianz 255.10 Sell  
    Adidas 187.82 Neutral  
    Lufthansa 7.503 Sell  
    Siemens AG 172.10 ↑ Sell  
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