google-site-verification=IXC-hpxp9LHeHLhXWghMYU6ikCyX2W4jT8NqsGbZkhY crossorigin="anonymous">
February 3, 2023

US McDonald’s Pulls Out of Business in Russia

Read Time:38 Second

Kuni .G. Isaac

McDonald’s, a major American hamburger chain, declared on the 19th that procedures to sell its Russian business, which has decided to pull out, to a local owner who has a franchise has been agreed on.

Alexandre Gobol, proposed local owner, who runs 25 stores in Far East Siberia, will purchase all McDonald’s stores in Russia and function under a new brand.

The sum of the deal has not been released yet, but it is expected that the transaction will be completed in the next few weeks with the approval of the regulatory authorities.

McDonald’s entered Moscow in 1990 at the end of the Soviet era and gained enthusiastic popularity, but announced its withdrawal from Russia’s business following a military invasion of Ukraine.

Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %

Hits: 15

?utm_source=alison_user&utm_medium=affiliates&utm_campaign=24482862
[smartslider3 slider=4]

Average Rating

5 Star
0%
4 Star
0%
3 Star
0%
2 Star
0%
1 Star
0%

Leave a Reply

Your email address will not be published. Required fields are marked *

Previous post Mercedes 300 SLR Joins Top 10 Most Expensive Auctioned Object
Next post Twitter Pushes out Warnings for “false information” on Russia Ukraine Crisis