No more Big Macs for Russia

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Business Business Headlines News

McDonald’s to sell its Russian business, which will operate under a new brand

McDonald’s will sell its Russian business to its licensee, Alexander Govor, and the restaurants will operate under a new brand, the world’s largest burger chain said on Thursday.

McDonald’s has operated in Russia for more than 30 years and owns about 84% of its nearly 850 restaurants in the country. Earlier this week it became one of the biggest global brands to exit the country, while saying it would retain its trademark.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Lucky them...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines