KFC parent Yum suspends operations and investment in Russia in response to Ukraine invasion

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Yum said it will 'redirect all profits from operations in Russia to humanitarian efforts.'

A KFC fast food restaurant in Moscow, Russia. Photo: Mikhail Tereshchenko/TASS via Getty Images

Yum Brands, the parent company of KFC and Pizza Hut, said Tuesday it has suspended operations and investment in Russia in response to"In Russia, the business includes approximately 1,000 KFC restaurants and 50 Pizza Hut locations nearly all of which are operated by independent owners under license or franchise agreements," perYum has "suspended all investment and restaurant development in Russia while we continue to assess additional options," the company said.

It will "redirect all profits from operations in Russia to humanitarian efforts," provide additional support for Ukrainian franchise employees via a disaster relief fund and donate "$1 million to the Red Cross to support those affected by the crisis," Yum added.

 

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Even if the war ends in Ukraine's victory. Putin with nuclear weapons will still remain. Only Russians can overthrow their dictator. Russians should have access to independent media. The monetization of YouTube and Patreon should return for independent Russian media

DrGJackBrown Thank you kfc

McFaul Что скажете? Купить открыт там блинную

McFaul Вы ушли, придут другие. Наши будут, это ещё лучше!

no fry zone

there goes the secret ingredient to 'special'...

McFaul the Fuhrer is proud of them: in your wallets the blood of Ukrainian children Auchan BASF Bayer British American Tobacco Bosch Burger King Henkel Imperial Tobacco LG Nestle Metro AG Miele Pepsico Philip Morris Pirelli Starbucks Stellantis Swatch Tesco

I'd be a KFC parent if they had one where I live

More KFC for rest of us!

This means war, and obvi next step is cyber warfare on Yum HQ w a hack of Col Sanders secret recipe

McFaul ❗️Coca-Cola приостанавливает деятельность в России. В Черноголовке праздник! Пейте без остановки напитки из Черноголовки!))))

McFaul Let’s keep piling on. Justice for Ukraine! Savage financial collapse for putin the bat shit crazy killer! 🙏☮️🇺🇦

Jeez they’re going to have the healthiest population in the world at this rate

McFaul

McFaul Guys, what the hell. that KFS that McDonald's is all a franchise, the enterprises and owners are Russian, the ingredients are produced in Russia, the technologies are known. they simply deprived themselves of royalties, and the restaurants both worked and will continue to work

McFaul Thanks yumbrands

Information from one day ago

McFaul Slow suspensions reveal your true nature as a company. KFC sexually abuses their chickens.😉🇨🇦💕🇺🇦🍻

McFaul KFC parent Yum figured out it was not going to be receiving payments from its stores in Russia

McFaul Struggling to see the net win here.

McFaul Maar gelukkig kunnen FVD Baudet landverraders nog wel aan een kippenboutje knagen…

Good opportunity for self reliant in Russia. Good opportunities for Asian companies to start business there

First McDonald's and now KFC? Trump will denounce Russia tomorrow. There's nothing left for him there.

I can't tell from the article if they are really shutting down existing restaurants?

Live feed of Kyiv (Kiev), Ukraine WATCH LIVE: Ukraine Russia Kyiv Kiev UkraineRussia UkraineInvasion UkraineUnderAttack UkraineWar russianinvasion RussiaUkraineWar RussiaInvadedUkraine RussiaUkraine.

About time.

We are not supporting the war anyways. Majority of Indians I think against the war and sympathetic towards Ukraine. But when the mater comes in existence like politics then Indians are with Russia. So, here are two things first is humanity and for this we are with Ukraine.

Xi thanks us for getting the f out. Now the Chinese companies can pick up this business .

McFaul Bravo KFC! Не будет больше жареной курицы!

Yes yes keep them coming along! Justice for Ukraine and it’s people ! 🙌🏽🙌🏽

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