Article 5Z9C8 McDonald’s to sell its business in Russia after 30 years

McDonald’s to sell its business in Russia after 30 years

by
Sarah Butler
from US news | The Guardian on (#5Z9C8)

Fast food chain's boss says presence is no longer consistent with its values' after invasion of Ukraine

McDonald's has initiated a process to sell its business in Russia after 30 years of operating its restaurants in the country in the light of Moscow's war on Ukraine.

The fast food operator said the humanitarian crisis caused by Russia's invasion and the unpredictable operating environment meant continuing operating in Russia was untenable as it was no longer consistent with McDonald's values".

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://www.theguardian.com/us-news/rss
Feed Title US news | The Guardian
Feed Link https://www.theguardian.com/us-news
Feed Copyright Guardian News and Media Limited or its affiliated companies. All rights reserved. 2024
Reply 0 comments