1 month ago | By Newsweek
Businessman Alexander Govor has bought the fast food chain's Russian restaurants after the Golden Arches brand pulled out of Russia following the invasion of Ukraine.
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1 month ago | By Business Insider
McDonald's announced on Monday that it is exiting Russia. Alexander Nemenov/Getty Images
McDonald's has sold all of its restaurants in Russia to a local businessman, it said Thursday.
Part of the deal involves the businessman continuing to pay the fast-food chain's employees.
McDonald's has around 62,000 employees and nearly 850 restaurant locations.
McDonald's has sold its business in Russia to a local licensee who already runs 25 of the fast-food chain's restaurants in Siberia, it announced Thursday. Russian businessman Alexander Govor has agreed to operate all of the restaurants owned...
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