Home Business NewsBusiness Heineken, McDonald’s, Starbucks, Coca-Cola and Pepsi ditch Russian operations

Heineken, McDonald’s, Starbucks, Coca-Cola and Pepsi ditch Russian operations

by LLB Reporter
9th Mar 22 12:32 pm

The list of brands pulling out of Russia is growing by the minute, with the owner of KFC and Pizza Hut, along with Mothercare, Heineken, Universal Music Group and Imperial Brands becoming the latest companies to pause business in Russia following its invasion of Ukraine.

Starbucks, Coca-Cola and Pepsi joined McDonald’s in pausing operations in response to Russia’s invasion of Ukraine.

In a message to staff and franchisees, Chris Kempczinski, the chief executive of McDonald’s, said the situation was “extraordinarily challenging for a global brand like ours”, which he said worked with hundreds of local suppliers and partners producing its food. “We understand the impact this will have on our Russian colleagues and partners,” he said.

“The conflict in Ukraine and the humanitarian crisis in Europe has caused unspeakable suffering to innocent people. As a system, we join the world in condemning aggression and violence and praying for peace,” Kempckinski added.

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