Russian McDonald's signs come down ahead of new owner

STORY: McDonald's MCD.N Russia aims to reopen all restaurants in two months, its new owner Alexander Govor was quoted as saying on June 3, and to expand to 1,000 locations from the 850 he took over last month.

In May, McDonald's Corp sold the restaurants to Govor, one of its licensees in Russia, who will rebrand them under a new name, ending more than three decades of serving customers in the country.

McDonald's temporarily closed its restaurants in Russia in March after Russia sent troops to Ukraine.

Govor said the process to choose a new brand name was ongoing.

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