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Business Matters: McDonald's pulls out of Russia

McDonald's pulls out of Russia

17/05/2022 GMT

BBC World Service - Business Matters, McDonald's pulls out of Russia

Fast food giant McDonald's says it will permanently end its business in Russia.

Fast food giant McDonald's has said the 'humanitarian crisis' in Ukraine, as well as unstable market conditions, are behind its decision to stop selling hamburgers in Russia.

The fast food giant McDonald's has ceased its operations in Russia, two months after temporarily closing 850 branches across the country. The company said Russia's 'humanitarian crisis' in Ukraine, as well as unstable market conditions triggered by the conflict, are behind its decision to stop selling hamburgers there. The first McDonald's in Russia was opened in Moscow in 1990, and was widely seen as a symbol of western democracy.

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