McDonald’s closes its 850 locations in Russia. giant

McDonald’s restaurant in Pskov, Russia. photo: iStock

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McDonald’s announced on Tuesday that it will temporarily close its Russian restaurants, becoming the latest Western company to suspend all operations in the country following the invasion of Ukraine.

The fast-food chain has announced that it will continue to pay salaries for its 62,000 employees in Russia, where it has 850 locations, Reuters was quoted as saying by Digi24.

Major global brands, including McDonald’s and PepsiCo, have been pressured to suspend their Russian operations by several bodies, including the New York State Pension Fund.

Multinational giant Unilever suspends all imports and exports with Russia

Unilever has suspended all imports and exports of products to Russia as well as all investments in this state, writes CNN.

The food and consumer giant will also stop all advertising spending in Russia and says it will not benefit from its presence in Russia.

In a statement, the company said:

“We will continue to supply the essential daily food and hygiene products made in Russia for the population. We will closely monitor developments. We join the call for an end to this war and hope that peace, human rights and international law will prevail. “

Unilever also said that operations in Ukraine had been stopped and that it was focusing on the safety of employees and families, including through evacuation support, where necessary.

The company has also pledged to donate 5 million euros worth of Unilever essentials for the humanitarian effort.

Russia has overtaken Iran and Syria and become the country subject to most international sanctions.