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Articles for Kempczinski, search results for russia

McDonald’s to quit Russia because of ‘humanitarian crisis in Ukraine’
2 years, 7 months ago

McDonald’s to quit Russia because of ‘humanitarian crisis in Ukraine’

The Independent  

McDonald’s has announced that it will sell all 850 of its restaurants in Russia, more than three decades after it opened its first store in the country. Chris Kempczinski, McDonald’s CEO, said “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 …

Humanitarian Crisis Ukraine Russia Russian
McDonald's to Exit Russia Amid Ukraine Invasion, Sell Business in Country
2 years, 7 months ago

McDonald's to Exit Russia Amid Ukraine Invasion, Sell Business in Country

News 18  

American fast-food giant McDonald’s said Monday it will exit Russia in the wake of the Ukraine invasion, ending a more than three-decade run begun in the hopeful period near the end of the Cold War. But on Monday the “Big Mac” maker went a step further, saying the company “is pursuing the sale of its entire portfolio of McDonald’s restaurants …

Ukraine Russia Company Russian Moscow Kempczinski
McDonald’s transformed Russia … now it’s abandoning the country
2 years, 9 months ago

McDonald’s transformed Russia … now it’s abandoning the country

CNN  

New York CNN Business — When McDonald’s opened its doors in Moscow for the first time, it was a big deal. There often wasn’t food that was listed.” McDonald’s was an “almost magical place where food always replenished itself and people smiled at you,” she said. “And, and then eventually, we went one time, and it was doable.” For Frankopan, …

Food Russia Cnn Russian Moscow Opening Big
Mothercare and Heineken become latest Western firms to pull out of Putin's pariah state
2 years, 9 months ago

Mothercare and Heineken become latest Western firms to pull out of Putin's pariah state

Daily Mail  

Heineken and Mothercare have today joined the growing list of companies to suspend operations in Russia following its invasion of Ukraine. Uniqlo refuses to close Russia stores, after Zara and H&M suspend all operations in country following Ukraine invasion Uniqlo has ruled out suspending its operations in Russia following Vladimir Putin's invasion of Ukraine. Pepsi's long-time rival, Atlanta-based Coca-Cola, which …

Ukraine British Operations Company Western Putin Moscow
McDonald's, Starbucks, Coke, Pepsi, General Electric temporarily suspended Russia operations
2 years, 9 months ago

McDonald's, Starbucks, Coke, Pepsi, General Electric temporarily suspended Russia operations

Firstpost  

McDonald’s said it will temporarily close 850 stores but continue paying its 62,000 employees in Russia “who have poured their heart and soul into our McDonald’s brand.” Detroit: McDonald’s, Starbucks, Coca-Cola, PepsiCo and General Electric — ubiquitous global brands and symbols of US corporate might — all announced Tuesday they were temporarily suspending their business in Russia in response to …

Ukraine Companies Company Russian Stores Continue Starbucks
McDonald’s, Starbucks, Coke, Pepsi join exodus out of Russia
2 years, 9 months ago

McDonald’s, Starbucks, Coke, Pepsi join exodus out of Russia

Associated Press  

DETROIT — McDonald’s, Starbucks, Coca-Cola, PepsiCo and General Electric __ ubiquitous global brands and symbols of U.S. corporate might __ all announced Tuesday they were temporarily suspending their business in Russia in response to the country’s invasion of Ukraine. “Our values mean we cannot ignore the needless human suffering unfolding in Ukraine,” McDonald’s President and CEO Chris Kempczinski said in …

Ukraine Russia Companies Company Russian Stores Starbucks
Russia Ukraine War: McDonald's, Starbucks, Coke, Pepsi suspend business in Russia
2 years, 9 months ago

Russia Ukraine War: McDonald's, Starbucks, Coke, Pepsi suspend business in Russia

India TV News  

Highlights McDonald’s said its restaurants in Russia and Ukraine contribute 9% of its annual revenue McDonald’s said it has donated over $5 million to its employee assistance fund and to relief efforts Burger King also said it is redirecting the profits from its 800 Russian stores to relief efforts McDonald's, Starbucks, Coca-Cola, PepsiCo and General Electric have announced they were …

Business Ukraine Russia Russian Mcdonald Starbucks Pepsico
McDonald’s finally bows to pressure and shuts all 850 stores in Russia
2 years, 9 months ago

McDonald’s finally bows to pressure and shuts all 850 stores in Russia

The Independent  

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Ukraine Russia Kempczinski 850 Restaurants Mr Kempczinski