---
title: "Mongolia Launch for Lotte"
url: https://burnaze.com/article/a63acfc4-0e69-46be-a84b-8e720118ee39
source: "Global Franchise"
original_url: https://www.global-franchise.com/news/mongolia-launch-for-lotte
author: "Global Franchise Team"
category: "Restaurants"
industry: "Restaurants"
published: 2018-07-11T14:13:00.000Z
modified: 2026-11-01T22:32:58.651Z
image: https://images.unsplash.com/photo-1555396273-367ea4eb4db5?w=1600&q=80&auto=format&fit=crop
---

# Mongolia Launch for Lotte

**TL;DR:** Lotte GRS Co is launching in Mongolia with plans to open ten stores over the next four years. The first location will open in Ulaanbaatar in September following an agreement with Eugenetek Mongolia LLC.

*By Global Franchise Team, originally published in Global Franchise on 2018-07-11. [Read the original](https://www.global-franchise.com/news/mongolia-launch-for-lotte).*

## Story

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.

## Entities

- Restaurants (sector)
- Global Franchise (publication)
- international expansion (topic)
- James Fell (person)
- qsr (topic)
- master franchise (topic)
- Mongolia (location)
- UlaanBaatar (location)

---
Originally reported by Global Franchise Team, Global Franchise (https://www.global-franchise.com/news/mongolia-launch-for-lotte). Summarized by Burnaze (https://burnaze.com/article/a63acfc4-0e69-46be-a84b-8e720118ee39).