McDonald’s, known as a symbol of American capitalism introduced following the dissolution of the Soviet Union, closes in Russia.
McDonald’s CEO Chris Kempchinsky announced on the 8th (local time) that it was temporarily suspending operations in 850 Russian stores. Even if McDonald’s closes its stores, he said he would pay salaries to more than 62,000 Russian employees.
“Our values mean that we cannot ignore the unnecessary suffering of humanity in Ukraine,” said CEO Kempchinsky.
McDonald’s has been recognized as a symbol of Western culture in Russia for 32 years since opening its first store in Moscow’s Pushkin Square in 1990, when the Soviet Union was disbanded. However, two weeks following Russia’s invasion of Ukraine, they did not take any position on this, and they faced a global boycott crisis.
McDonald’s Burgers Reselling Online. © News1Starbucks also announced on the same day that it was suspending all business activities in Russia. Starbucks CEO Kevin Johnson said in a recent statement that he would donate royalties from its Russian business to humanitarian purposes in Ukraine “I condemn the unprovoked, unjust and horrendous attack on Ukraine by Russia.”
Coca-Cola said in a statement that it would close operations in Russia “with condolences to those who endure the impact of this tragic event in Ukraine.” PepsiCo, which owns the Pepsi-Cola brand, has also announced that it will stop selling soda beverages in Russia, investing in capital, and promoting it.
New York = Correspondent Yoo Jae-dong [email protected]
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