McDonald's has decided to leave Russia for good. The company's business in the country will be sold, representatives of the American network said.
McDonald's sells its restaurants and franchises in 13 regions of Russia. Kairat Boranbaev, one of the richest businessmen of Kazakhstan, already owning the chain's franchise in Kazakhstan and Belarus, maybe become the buyer. This is the first major deal of McDonald's as part of the new franchise development strategy.
Mass examinations led to the closure of the oldest chain restaurants in Moscow and other regions. What is behind this, sanctions or competition?