Russian McDonald's logo

A Russian company called Uncle Vanya is already eyeing a takeover over McDonalds business in the country revealing a logo that appears to be nearly identical to the Chicago-based fast. 1 day agoThe logos green background symbolises the quality of products and service that guests are used to McDonalds Russias new owner Alexander Govor aims to reopen all restaurants in two.

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A Russian businessman has agreed to hire and pay all 62000 of McDonalds employees in the country following the fast-food chains exit Matthew Loh 2022-05-20T092625Z.

. McDonalds said Monday that it will sell its business in Russia after more than 30 years in the country. McDonalds in March announced that it was closing all of its stores in Russia over President Vladimir Putins invasion of. American fast-food giant McDonalds will exit the Russian market and sell its business in the increasingly isolated country the company said Monday.

McDonalds says it will sell Russian business McDonalds President and CEO Chris Kempczinski called the decision extremely difficult NCD By Michelle Ewing Cox Media Group National. After the company temporarily closed its Russian stores in March a local alternative Uncle Vanya applied to trademark a logo that looked strikingly similar to McDonalds emblematic Golden. Govor agreed to keep current employees on payroll for at least two years.

The company cited the war in Ukraine and the unpredictable operating environment in. McDonalds will keep its trademarks in Russia the company said. The chain will begin the process of de-Arching its Russian restaurants which means removing the McDonalds name logo branding and menu.

McDonalds said Monday that it has started the process of selling its Russian business which includes 850 restaurants that employ 62000 people making it the latest major Western corporation to. McDonalds is selling its Russian restaurants to Alexander Govor for an undisclosed sum.

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