(Reuters) - It might look and smell like McDonald's but now it's Vkusno & tochka. The golden arches are gone, the Filet-O-Fish is simply a fish burger. The Big Mac has left Russia.
A new era for Russia's fast-food and economic scene dawned on Sunday, as McDonald's (MCD.N) restaurants flung open their doors in Moscow under new Russian ownership and with the new name, which translates as "Tasty and that's it".
The unveiling of the rebranded outlets, more than three decades after the American burger giant first opened its doors in Moscow in a symbolic thaw between East and West, is once again a stark sign of a new world order. The reopenings took place on Russia Day, a holiday celebrating national pride.
The fortunes of the chain, which McDonald's sold when it exited the country over the conflict in Ukraine, could provide a test of how successfully Russia's economy can become more self-sufficient and withstand Western sanctions.
On Sunday, scores of people queued outside what was formerly McDonald's flagship restaurant in Pushkin Square, central Moscow. The outlet sported a new logo - a stylised burger with two fries - plus a slogan: "The name changes, love stays".
The queue was significantly smaller than the thousands of people who flocked to the original McDonald's opening there in 1990 during the Soviet era.
"We need to avoid a drop in quality, so that everything stays as it was before, because we loved McDonald's," said IT worker Sardana Donskaya, who queued up 32 years ago for a first taste of a brand that had epitomised Western capitalism and returned on Sunday to usher in its successor.
Comments