McDonald's begins selling 850 Russian restaurants

McDonald’s was the first American fast food restaurant to open in the Soviet Union. It’s the largest Western corporation to leave Russia over the Ukraine invasion.

McDonald’s said Monday that it has started the process of selling its Russian business, which includes 850 restaurants that employ 62,000 people, making it the latest major Western corporation to exit Russia since it invaded Ukraine in February.

The fast food giant pointed to the humanitarian crisis caused by the war, saying holding on to its business in Russia “is no longer tenable, nor is it consistent with McDonald’s values.”

The Chicago-based company announced in early March that

→ Continue reading at KGW TV

Related articles

Comments

Share article

Latest articles