McDonald's announces departure from Russia after 30 years of activity

Golden arches to go dark in Russia as McDonald's exits after 30 years

McDonald's Corp on Monday became one of the biggest global brands to exit Russia, laying out plans to sell all its restaurants after operating in the country for more than 30 following years the invasion of Ukraine. The World's largest burger chain, which owns about 84% of its nearly 850 restaurants in Russia, will take a related non-cash charge of up to $1.4 billion following its sale. McDonald's had in March decided to close its restaurants in…

McDonald's Exits Russia After 32 Years of Operations

As a result of the invasion of Ukraine, McDonald's fast food restaurants are now lifting their legs from Russia.

McDonald's to leave Russia after 30 years, selling all 850 locations

The fast-food giant said it's the first time the company has ever “de-arched,” or exited a major market.

McDonald's to Leave Russia for Good After 30 Years

McDonald’s said the “dedication and loyalty” of the company’s employees in Russia made the announcement “extremely difficult”

McDonald’s Announces Exit From Russia After More Than 30 Years: ‘We Can No Longer Keep the Arches Shining There’

McDonald’s became the symbol of glasnost in action 30 years ago when it opened its first restaurant in Moscow. But after temporarily shutting down more than 800 restaurants following the invasion of Ukraine, McDonald’s has decided to leave Russia altogether. via: Complex The process of selling its Russian business has now been initiated, per a

Ukraine war impact: McDonald's to leave Russia for good after 30 years

McDonald's has said it will permanently leave Russia after more than 30 years and has started to sell its restaurants.