Burger King parent company to pull out of Russia after franchisee refused request to close restaurants

Burger King’s parent company is pulling out of Russia permanently, planning to sell its 15-per-cent stake in the business there, after its franchisee refused the parent company’s request to close the restaurants.

“We contacted the main operator of the business and demanded the suspension of Burger King restaurant operations in Russia. He has refused to do so,” the president of RBI’s international business, David Shear, wrote in the open letter. “We started the process to dispose our ownership stake in the business. While we would like to do this immediately, it is clear that it will take some time to do so based on the terms of our existing joint venture agreement,” Mr. Shear wrote.

And the franchisees’ remaining open in Russia are going to kill the brand!

Considering that the worlds are growing apart, can the franchises keep the name? Putin is still young, so... it will be a while until international law will apply again

who cares about bldy garbage food. let the silly foreign corporates disappear from Russia (and other nations).

And thus was born, Burger Plutocrat

Trump's dad should have pulled out....

Bravo Restaurant Brands(QSR).

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

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