McDonald’s begins the process of selling its business in Russia | It has 850 stores and more than 62 thousand employees in the country

McDonald’s reported on Monday that will put its business in Russia up for sale, a country where the fast food giant has 850 restaurants and more than 62 thousand employees. Through a statement, the company indicated that it will maintain its operation in that country “is no longer sustainable or consistent with the values” of the companydue to the “humanitarian crisis caused by the war in Ukraine”.

Thus, the corporation will leave Russia after three decades. In March, shortly after the start of the invasion of Ukraine, McDonald’s had announced that it would temporarily close its stores in the countrybut that it would continue to pay the salaries of its employees.

Now, faced with the worsening of the war, the company announced that it will seek a buyer for its business in Russia and that will continue to pay the wages of its workers until the operation is finalized.

Company CEO Chris Kempczinski said the “dedication and loyalty to McDonald’s” of Russian employees and hundreds of suppliers made the decision to leave the country a difficult one, but noted that “it is impossible to ignore the humanitarian crisis caused by the war in the Ukraine. And he added that maintaining its business in that country “is no longer sustainable or consistent with McDonald’s values.”

Some might argue that providing access to food and continuing to employ tens of thousands of ordinary citizens is surely the right thing to do. But it is impossible to ignore the humanitarian crisis caused by the war in Ukraine. And it is impossible to imagine that the Golden Arches represent the same hope and promise that led us to enter the Russian market 32 ​​years ago,” Kempczinski said in a statement released by The New York Times.

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