McDonald's joins companies exiting Russia over 'war' in Ukraine

  • 📰 trtworld
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

American fast-food giant McDonald's will exit the Russian market and sell its business in the increasingly isolated country after Moscow's incursion in Ukraine

Russia, where McDonald's directly manages more than 80 percent of the restaurants bearing its name, accounts for 9 percent of the company's revenue and 3 percent of its operating profit.

"The humanitarian crisis caused by the war in Ukraine, and the precipitating unpredictable operating environment, have led McDonald's to conclude that continued ownership of the business in Russia is no longer tenable, nor is it consistent with McDonald's values." Russia, where McDonald's directly manages more than 80 percent of the restaurants bearing its name, accounts for 9 percent of the company's revenue and 3 percent of its operating profit.Over 60,000 employees

 

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

Will?

oryxspioenkop

While Radisson still does business there and directly supports Putin’s war on civilians.

oryxspioenkop Took them long enough.

Tbh, who cares?

oryxspioenkop Perfecto. Que paguen los sueldos los magnates rusos.

McLenin’s anyone?

oryxspioenkop Note the use of incursion in the tweet and ‘war’ in the heading of the article. Really, TRT?

'Incursion' ?! You mean 'attack'/'invasion' of a sovereign country & its neighbor?

Now Russians will be more healthy than Americans. 🤣🤣🤣

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:

 /  🏆 101. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines