KFC opens in Mongolia

US-BASED Yum! Brands, Inc. has reached consumers in Mongolia with the opening of the first KFC in the capital city of Ulaanbaatar. The restaurant, which launched in May, is Mongolia’s first experience with the world’s favourite chicken restaurant, and will offer most of its all-time favourites. The venture was undertaken by Yum! Restaurants International (YRI) and its franchise partner, Tavan Bogd Group, a privately-owned Mongolian conglomerate which manages leading businesses and brands in trade and service, manufacturing, tourism and hospitality, mining equipment supply, and banking.