Putin’s War: Partner refuses to shut down Burger King’s restaurants in Russia

Fast food franchise Burger King says it has not been able to close its 800 restaurants in Russia as its joint venture partner has “refused” to do so.
Restaurant Brands International’s (RBI) president for international operations, David Shear, explained why the businesses were still operating in a letter to its employees.
“We contacted the main operator of the business and demanded the suspension of Burger King restaurant operations in Russia,” Mr Shear said. “He has refused to do so.”
Mr Shear added that to enforce its agreements with partner Alexander Kolobov, it would need the help of the Russian government.
“Any current attempt to enforce our contract would ultimately require the support of Russian authorities on the ground, and we know that will not practically happen anytime soon,” Mr Shear wrote.
RBI has been in joint venture partnership for the past decade with three entities: Mr Kolobov, who controls day-to-day operations, private equity and asset management firm Investment Capital Ukraine, and Russia’s state-owned VTB Bank – hit by Western sanctions.
Burger King had earlier said it would suspend all corporate support for its businesses in Russia due to President Vladimir Putin’s invasion of Ukraine.
McDonald’s was the first major U.S. fast-food chain to pull out of Russia, announcing that it would temporarily shut down its 850 stores. Other big chains like Starbucks followed shortly after.
Since the invasion of Ukraine on February 24, brands like Netflix, Google and Shell have all exited the Russian market.
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

Agriculture
Gov. Fintiri pledges to protect Adamawa veterinary doctors from occupational hazards
Mr Caleb commended the governor for rehabilitating abattoirs.

NationWide
Don’t ignore chronic sleeplessness, expert tells Nigerians
“Save your weakness and tiredness for nighttime, and always keep the room dark and quiet,” Mr Junaidu said.

States
CNPP condemns critic Shagamu’s murder in Kano
Mr Ezema described Mr Shagamu’s as disturbing and unacceptable.

Health
Expert advises Nigerians to reduce salt, sugar intake
The nutritionist advised consumers to read food labels carefully.

Faith
Colleagues pay last respects as Nollywood actress Tope Osoba is buried in Ogun
The burial was attended by several Nollywood actors, including Foluke Daramola and others.

States
Gov. Otti highlights seven investment priority sectors in Abia
Mr Otti described the seaport as a potential trade and logistics gateway.





