Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)
Exited Exit CompletedMcDonald's
McDonald's
McDonald's is the world's largest restaurant chain by revenue, serving over 69 million customers daily in over 100 countries.
Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)
Exited Exit CompletedGlobal 500, is an annual ranking of the top 500 corporations worldwide
Global 500Top 100 largest companies in Russia by revenue
Top 100Glob.Revenue, mln.USD
25494
Restaurants and Caffees
850
The Company Statement
May 16, 2022
Left the Russian market & sold Russian business. According to Russia's anti-monopoly service, which approved the takeover, McDonald's retains the right to buy its Russia restaurants back within 15 years; 10.06.2022: "СLUB HOTEL" LLC becomes the new founder of the organization, The record about the founder "MCDONALDS CORPORATION" has been deleted. The sanctioned senator from Kabardino-Balkaria was named the real buyer of McDonald's Russian business. Kadyrov's associates could become the "shadow owners" of Russian McDonald's.
June 10, 2024 | Business Advisory Council triggers: Platform brings together business representatives from different countries to help improve the investment climate in Ukraine |
January 29, 2024 | Kadyrov's associates could become the "shadow owners" of Russian McDonald's |
December 28, 2023 | The sanctioned senator from Kabardino-Balkaria was named the real buyer of McDonald's Russian business |
November 09, 2023 | Russia’s New Elite Emerges to Fill Void After Multinationals Flee |
March 29, 2023 | "Vkusno - and that's the point", which replaced McDonald's, turned out to be unprofitable |
December 14, 2022 | "Vkusno - and that's it" may open in Uzbekistan, other CIS countries and Iran |
November 29, 2022 | https://www.rferl.org/a/kazakhstan-mcdonalds-closure-russia-war-ukraine-supplies/32154317.html |
September 12, 2022 | How Western brands 'left' Russia | Life in Russia after sanctions | New McDonald's & Starbucks |
May 03, 2022 | Russia McDonald's new owner set to reopen, expand, Forbes reports |
May 02, 2022 | How McDonald’s, Meta & Other Companies That Pulled out of Russia Fared in Q1 Reports |
March 08, 2022 | McDonald's To Temporarily Close Restaurants & Pause Operations in Russia |
March 08, 2022 | McDonald's To Temporarily Close Restaurants & Pause Operations in Russia |
August 23, 2014 | Russian Deputy PM says no plans to ban McDonald's |
| Current work situation in McDonald's (deleted later) |
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