South Korean fast-food restaurant franchise Lotte GRS Co is launching in Mongolia, and aims to open ten stores over the next four years.
The first location will open in the capital city, Ulaanbaatar, in September. The development follows the signing of an agreement with restaurant and theater operator Eugenetek Mongolia LLC.
Lotte GRS, which owns fast-food chain Lotteria and coffee shop concept Angel-in-us, has already expanded into eight countries including Vietnam, China, Indonesia, Myanmar, Cambodia and Mongolia.
