McDonald’s will soon reopen its locations in Ukraine
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McDonald’s will soon reopen its restaurants in Ukraine. This is both a symbol of Ukraine’s return back to normalcy and an act of support after the American fast-food company pulled out from Russia.
Despite closing its Ukrainian restaurants nearly six months after Russia’s invasion, McDonald’s has continued to pay over 10,000 employees in Ukraine.
McDonald’s said Thursday’s announcement was that the company will gradually reopen some restaurants in Kyiv and western Ukraine. Other companies have been doing business elsewhere, despite the fighting. Kyiv is home of many Western businesses such as Nike, KFC, and Mango Spanish clothing retailer.
Paul Pomroy (corporate senior vice-president for international operated markets), stated that employees have spoken to him extensively and expressed strong desire to go back to work. said in a message for employees. “Over the past months, we have seen a growing belief that this would help to maintain a small but significant sense of normalcy.”
The war has caused severe damage to the Ukrainian economy. Restarting businesses would help, even if only in a limited capacity. The International Monetary Fund expects Ukraine’s economy to shrink by 35 per cent this year.
McDonald’s Ukraine has 109 locations. However, McDonald’s did not say how many would reopen or when. The company will be expanding its presence in Ukraine over the coming months. said It will work with vendors to place supplies in restaurants, make those stores ready for customers, and bring back workers.
Chain has been expelled from Russia
McDonald’s will reopen in Ukraine. sold Its 850 Russian restaurants to a franchise owner. Three decades ago, McDonald’s Moscow opened its first Moscow location. This was a significant symbol of the end of Cold War tensions.
McDonald’s closed hundreds of Russian restaurants in March. This cost the company $55 million US each month. The company had never “de-arched” or exited a major country before selling its Russian restaurants.
Alexander Govor was the holder of a license for 25 McDonald’s restaurants in Siberia. He has started reopening these locations under the name Vkusno-i Tochka or Tasty-period.
Source: CBC News