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War In Ukraine: McDonald’s, Coca-Cola Halt Russian Sales

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War In Ukraine: McDonald’s, Coca-Cola Halt Russian Sales

 

Consumer giants including McDonald’s, Coca-Cola and Starbucks have joined the list of firms halting business in Russia due to the invasion in Ukraine.

McDonald’s said it was temporarily closing its roughly 850 restaurants in Russia, while Starbucks also said its 100 coffee shops would shut.

McDonald’s said the move was a response to the “needless human suffering unfolding in Ukraine”.

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The company said it was “impossible to predict” when it would reopen.

“The conflict in Ukraine and the humanitarian crisis in Europe has caused unspeakable suffering to innocent people,” chief executive Chris Kempczinski said in a memo to staff that was shared publicly.

“As a system, we join the world in condemning aggression and violence and praying for peace.”

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McDonald’s said it would continue to pay its roughly 62,000 staff in Russia. The firm has also been experiencing supply chain issues there.

McDonald’s, Coca-Cola and other companies have been under pressure to act as Russian violence against civilians has escalated.

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