President Vladimir Putin has said that Russia will not “roll out the red carpet” for McDonald’s if the fast-food giant decides to return to the country, amid growing reports of foreign companies expressing interest in re-entering the Russian market, according to a media report on Monday.
McDonald’s exited Russia in 2022 following Western sanctions imposed over the Ukraine conflict. The company sold its operations to a Russian investor who had been a franchise partner since 2015, managing 25 restaurants across Siberia.
These restaurants were rebranded under the name ”Vkusno I Tochka” (Russian for ‘Tasty and That’s It’) and have been operating in Russia since June 12, 2022. PTI
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