McDonald’s to temporarily close all of its outlets in Russia

Russia Today – 8 March, 2022

Fast-food chain McDonalds has bowed to increasing public pressure to punish Moscow for its invasion of Ukraine, announcing that it will shut down its restaurants in Russia, at least temporarily.

All of the US company’s operations in Russia will be suspended, although employees in the country will continue to be paid, McDonalds said on Tuesday. It’s impossible to predict how long the shutdown will last, the company added, saying it will continue to assess the situation and determine whether additional measures are required.

“The situation is extraordinarily challenging for a global brand like ours, and there are many considerations,” the restaurant chain said. “For 66 years, we have operated with the belief that communities are made better when there’s a McDonalds nearby.” However, the company added, “Our values mean we cannot ignore the needless human suffering unfolding in Ukraine.”

McDonalds has operated in Russia for more than 30 years and has outlets in 850 communities. It also has about 62,000 employees in the country and works with hundreds of local suppliers. Ronald McDonald House Charities, which will continue operating in both Ukraine and Russia, are providing humanitarian aid to refugees displaced by the war.

“As a system, we join the world in condemning aggression and violence and [are] praying for peace,” McDonalds said, adding that it was continuing to pay the salaries of its workers in Ukraine and had donated $5 million to an employee assistance fund in the former Soviet republic.

McDonalds follows dozens of international companies in announcing that they’re shutting down operations in Russia. Some, such as major oil companies BP and Exxon Mobil, have quit Russia permanently, walking away from billions of dollars in Russian assets.

In other news: The Coca-Cola Company and PepsiCo have joined the exodus of international companies shutting down operations in Russia because of the war in Ukraine, suspending their businesses in the country amid mounting public pressure on corporations to punish Moscow.

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Posted by Teri Perticone


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