Burger King is trying to suspend its operations in Russia, but that’s proving difficult. A business partner controlling 800 restaurants has "refused" to close them, the company said.
Highlights
- Burger King is trying to suspend its operations in Russia, but that’s proving difficult.
- A business partner controlling 800 restaurants has “refused” to close them, the company said.
- Burger King can’t just snap its fingers and close up shop.
- The burger chain, owned by, has a joint venture partnership with businessman Alexander Kolobov in Russia.
- McDonald’s owns more than 80% of its restaurants in Russia outright, that made exiting the country significantly easier.
- The Burger King has just 15% of the business in Russia; McDonald’s has 80% in the country, that’s easier to exit than Burger King, which owns 80%.