Page 36 - Pushkin Square News Today

More than 800 McDonald's restaurants in Russia are set to undergo a rebrand

If the 1990 opening in Pushkin Square was a symbol of hope, McDonald’s exit announcement is confirmation that Russia is now not just uninvestible, but intolerable.

McDonald’s has begun the sale of its restaurants in Russia 30 years after the burger chain became a powerful symbol of easing of Cold War tensions between the U.S. and Soviet Union.

McDonald’s is selling all of its restaurants in Russia 30 years after the burger chain became a powerful symbol of easing Cold War tensions between the United States and Soviet Union

McDonald's has begun the process of selling its restaurants in Russia after more than 30 years in the country.

McDonald’s is selling all of its restaurants in Russia 30 years after the burger chain became a powerful symbol of easing Cold War tensions between the United States and Soviet Union. The company shuttered hundreds of locations in March after Russia invaded Ukraine, which has cost McDonald's about $55 million per month.

Existing McDonald’s licensee Alexander Govor has agreed to buy the US firm’s 850 Russian restaurants and operate them under a new name.

Existing McDonald’s licensee Alexander Govor has agreed to buy the US firm’s 850 Russian restaurants and operate them under a new name.

The Chicago burger giant plans to start removing its golden arches and other symbols and signs with the company’s name.

Existing McDonald’s licensee Alexander Govor has agreed to buy the US firm’s 850 Russian restaurants and operate them under a new name.