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AmRest hospitality sells KFC business in Russia for EUR 100 mln

2023-05-16 07:06
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2023-05-16 07:06

Restaurant operator AmRest concluded sale of its KFC business in Russia and will receive for it EUR 100 mln, the company said in a market filing.

"AmRest estimates that the transaction may generate a consolidated profit after taxes of ca. EUR 4 mln," the filing reads.

It means AmRest has ended its operations and corporate presence in Russia.

pr/ jz/ mbn/

Źródło:PAP Biznes

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