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After 14 years of planning and negotiations, McDonald's Canada president George Cohon was permitted to open the first McDonald's in Russia by the Soviet government in 1990. The entry of the iconic American brand into the country was seen as a symbol of ongoing economic and political reforms in the Soviet Union .
McDonald's said Monday it plans to "de-arch" all restaurants in Russia, meaning its name, branding, menu, and logo can't be used.
The world's largest burger chain, which owns about 84% of its nearly 850 restaurants in Russia, will take a related non-cash charge of up to $1.4 billion following its sale.
Western companies with iconic brands like Coca-Cola that exit Russia face years of battling knockoffs and unauthorized imports clamoring to fill the void they leave behind, a risky bid as courts ...
Opening of the first Vkusno i tochka restaurant in Pushkin Square, Moscow, 12 June 2022.Formerly the first Russian McDonald's in the country. On 8 March 2022, facing continued pressure due to the Russian invasion of Ukraine, McDonald's announced the temporary suspension of operation of its restaurants in Russia, while also announcing at the same time that it would continue to pay its employees ...
Home to the most McDonald's in the Middle East. First outlet in the Arabian Peninsula. See McDonalds's Central, Eastern and Northern. See McDonald's Western and Southern. 65 Kuwait June 15, 1994 Kuwait City (now closed) 87 (source: Corporate McDonald's December 31, 2023) [12] 55,618 Home to the biggest McDonald's in the Middle East. [37]
Two months after the Berlin Wall fell, another powerful symbol opened its doors in the middle of Moscow: a gleaming new McDonald’s. It was the first American fast-food restaurant to enter the ...
The "golden arches" arrived in Moscow in 1990, and became an iconic symbol of American capitalism as the Soviet Union fell.