McDonald’s Russia’s new owner, Alexander Govor, said on Friday that the company plans to reopen all of its stores in two months and expand to 1,000 sites from the 850 it had when he took control last month.

McDonald’s Corp sold the restaurants in May to Govor, one of its Russian licensees, who would rebrand them under a new name, bringing the “Golden Arches” to an end in Russia after more than three decades.

“We have a hard and ambitious strategy – to reopen all of the chain’s outlets in two months,” Govor said in an interview with Forbes Russia magazine. Govor previously operated 25 McDonald’s restaurants in Siberia as a franchisee.

After Russia sent troops to Ukraine in March, McDonald’s temporarily closed its restaurants in Russia.

“There are currently 840 restaurants that are ready to reopen… In his first interview after the sale, Govor told Forbes, “My global objective is to grow the chain to 1,000 outlets statewide in the next several years.”

On June 12, McDonald’s Russia will reopen its restaurant in Pushkin Square. It was the company’s first Russian location, opening in 1990 and quickly becoming a symbol of American capitalism prospering as the Soviet Union crumbled.

Govor stated that the process of selecting a new brand name was still ongoing.

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McDonald’s retains the ability to purchase back its Russia restaurants within 15 years, according to Russia’s anti-monopoly service, which approved the deal.

Govor, who made his money in Russia’s coal and oil industries, wouldn’t specify how much he paid, but said there were other bidders interested in buying the entire company.