Surprise Me!

McDonald's to Permanently Close All of Its Locations in Russia

2022-05-16 1 Dailymotion

McDonald's , to Permanently Close , All of Its Locations in Russia.<br />BBC reports that McDonald's <br />will permanently close its 850 locations <br />in Russia after 30 years. .<br />In March, the fast food giant <br />temporarily closed all of <br />its outlets in Russia. .<br />In March, the fast food giant <br />temporarily closed all of <br />its outlets in Russia. .<br />According to McDonald's, the decision was made <br />because of the "humanitarian crisis" and "unpredictable <br />operating environment" caused by the Ukraine war.<br />According to McDonald's, the decision was made <br />because of the "humanitarian crisis" and "unpredictable <br />operating environment" caused by the Ukraine war.<br />The company said that continuing <br />to operate in Russia was "no longer tenable" <br />or consistent with McDonald's values.<br />The company said that continuing <br />to operate in Russia was "no longer tenable" <br />or consistent with McDonald's values.<br />McDonald's first entered Moscow in 1990. .<br />At the time, the Soviet Union was opening up <br />to Western brands and allowing the iconic <br />American company to enter the country. .<br />At the time, the Soviet Union was opening up <br />to Western brands and allowing the iconic <br />American company to enter the country. .<br />BBC reports that the company's exit <br />from Russia carries a similar symbolic weight.<br />According to McDonald's, all of its restaurants in Russia would be sold to a local buyer. .<br />The fast food chain emphasized that it would seek to ensure all 62,000 of its Russian employees will continue to be paid until the sale was completed. .<br />The fast food chain emphasized that it would seek to ensure all 62,000 of its Russian employees will continue to be paid until the sale was completed. .<br />In 2021, Russia and Ukraine accounted for approximately 9% of McDonald's global sales. .<br />Since Russia's invasion of Ukraine began in February, hundreds of international brands have either left Russia or suspended sales there.<br />Reuters reports that McDonald's faced criticism for being slow to close its business in Russia before deciding to suspend operations in March.<br />Reuters reports that McDonald's faced criticism for being slow to close its business in Russia before deciding to suspend operations in March

Buy Now on CodeCanyon