Connect with us

Hi, what are you looking for?

Jewish Business News

Food & Dining

McDonald’s is leaving Russia after 32 years

McDonald’s announced that it is leaving Russia after 32 years. blaming the “humanitarian disaster” resulting from the Ukraine conflict.

McDonald's is leaving Russia
McDonald’s is leaving Russia/ Moscow, 2008

McDonald’s is pulling out of the Russian market. The company along with Coca-Cola baseball and apple pies has been synonymous with both America and American cultural influence around the world said that it is looking to sell its Russian operations because of that country’s invasion of Ukraine.

The announcement comes not long after McDonald’s cut off new supplies to its Russian outlets as part of worldwide sanctions that were imposed on Russia. This led to absurd scenes of Russians waiting for hours in line just to get their last Big Macs and McShakes. And the Russian government even promised to intervene and take over the brand name locally, with or without the company’s cooperation.

Ironically, it was the entrance of McDonald’s into the Russian market that really marked the end of the Cold War. Seeing its iconic golden arches along with Coke, Pepsi and Doritos ads on billboards over Moscow left visitors with the feeling that they may as well have seen a huge American flag planted in the city as well to mark America’s victory over the Soviet Union.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at
Thank you.

But now, Vladimir Putin and his ill-conceived invasion of Ukraine could end up being a isaster for Russia and its budding capitalists.

“This is a complicated issue that’s without precedent and with profound consequences,” Chris Kempczinski, the chief executive of McDonald’s, wrote in a message to franchises according to the New York Times. “Our commitment to our values means that we can no longer keep the Arches shining there.”

“The humanitarian crisis caused by the war in Ukraine, and the precipitating unpredictable operating environment, have led McDonald’s to conclude that continued ownership of the business in Russia is no longer tenable, nor is it consistent with McDonald’s values.”

“Some might argue that providing access to food and continuing to employ tens of thousands of ordinary citizens is surely the right thing to do,” he added. “But it is impossible to ignore the humanitarian crisis caused by the war in Ukraine. And it is impossible to imagine the Golden Arches representing the same hope and promise that led us to enter the Russian market 32 years ago.”



You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...


The Movie The Professional is what made Natalie Portman a Lolita.


After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.