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Is Mcdonalds Russia closing or Mcdonald exit Russia ? The American fast-food giant McDonald’s will sell its Russian business and exit the market completely, The New York Times reported Monday, citing an internal corporate message it obtained.McDonald’s Permanently Closing Restaurants in Russia
The company aims to sell its business to a Russia-based buyer but the restaurants will no longer be able to use the McDonald’s arch logo or brand name.
“This was not an easy decision, nor will it be simple to execute given the size of our business and the current challenges of operating in Russia. But the end state is clear,” McDonald’s CEO Chris Kempczinski wrote in the message.
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