Restaurant Manufacturers Worldwide, which owns the burger chain, stated Thursday it “has suspended all of its company assist for the Russian market, together with operations, advertising and provide chain.” The corporate can also be stopping funding and enlargement within the area.
“BK Russia is a standalone enterprise owned and operated by our franchisees within the nation,” RBI stated in a press release to CNN. “Now we have long-standing authorized agreements that aren’t simply changeable.”
The corporate additionally owns Tim Hortons, Popeyes and Firehouse Subs eating places, however these chains haven’t got areas in Russia, RBI stated.
The corporate is “suspending operations of KFC company-owned eating places in Russia and finalizing an settlement to droop all Pizza Hut restaurant operations in Russia, in partnership with its grasp franchisee,” Yum Manufacturers stated in a press release.
Papa Johns stated it “has suspended all company operations in Russia,” together with operational, advertising and enterprise assist available in the market.
The pizza chain added that in Russia, “all eating places are owned by unbiased franchisees, and a grasp franchisee who controls operations.” Papa Johns at present receives no royalties from these shops, the corporate stated.