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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 .
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 ...
The closure of the McDonald's restaurants will also carry symbolic importance in Russia, where the first location to open, in central Moscow in 1990, became a symbol of flourishing American ...
The chain of 850 former Russian McDonald's restaurants is now named "Vkusno & tochka," translated to "Tasty and that's it." The first opened Sunday.
Following the 2022 Russian invasion of Ukraine, the McDonald's brand pulled out of Russia and all former McDonald's locations were sold to local chains, with many being rebranded as fast-food restaurants under the Vkusno i tochka brand serving nearly identical fare to the previous McDonald's locations in the country. [118]
McDonald's Corp said on Monday it had initiated a process to sell its business in Russia after 30 years of operating its restaurants in the country, following Moscow's invasion of Ukraine.
McDonald's announced Tuesday that it was closing its doors in Russia as the conflict with Ukraine intensified. McDonald's says restaurant closures in Russia will cost the chain $50 million a month ...
The McDonald's restaurant was located on a US Naval Air Station and was thus exempt from the law. When the base closed in 1995, the restaurant was required to do likewise. [57] 3 Bolivia November 21, 1997 November 30, 2002 Closed due to poor sales and high prices. McDonald's has since attempted to reenter the Bolivian market, but with little ...