McDonald’s Russia restaurants to reopen under new brand from June 12, says local company

05/26/2022

Less than a minute

2022.05.26 17:55

McDonald's Russia restaurants to reopen under new brand from June 12, says local company
FILE PHOTO: A view shows the dismantled McDonald’s Golden Arches after the logo signage was removed from a drive-through restaurant of McDonald’s in Khimki outside Moscow, Russia May 23, 2022. REUTERS/Lev Sergeev

(Reuters) – McDonald’s (NYSE:MCD) Russia said on Thursday it plans to reopen restaurants to the public from June 12 under a new brand that will be introduced separately, after the burger chain said it was selling to a local licensee.

The fast-food company is selling its restaurants in Russia, exiting in opposition to Moscow’s actions in Ukraine and ending more than three decades of the “Golden Arches” in the country.

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05/26/2022

Less than a minute