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McDonald's Announces Plan To Reopen Shut Ukrainian Locations After Russia's Invasion In March

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McDonald's Announces Plan To Reopen Shut Ukrainian Locations After Russia's Invasion In March
13 Aug 2022
min read

News Synopsis

McDonald's, fast food restaurant chain, has announced its plans to reopen the Ukrainian locations that were shut down following Russia's invasion in March. The restaurant chain, expressed its hope that the action would help bring back "a modest but crucial feeling of normalcy." In Kyiv and western Ukraine, where it is judged secure, restaurants will gradually reopen over the coming months.

Prior to the conflict, Ukraine had more than 100 McDonald's outlets. Since then, the business has kept up with paying wages to almost 10,000 employees. We've spoken with our staff members in-depth, and they've voiced a strong desire to go back to work and see our restaurants in Ukraine reopen where it is safe and responsible to do so. 

Paul Pomroy, senior vice president, made this statement in a posting on the business' website. The conviction that this would foster a minor but significant sense of normalcy has grown stronger in recent months. The local economy and the people of Ukraine will benefit from enterprises starting up again, according to Ukrainian officials.

Analysts predict that this year's war will cause a 35% or more economic collapse in Ukraine, interrupting exports, destroying crucial infrastructure, and forcing the closure of tens of thousands of businesses. At a gathering of western business executives sponsored by Yale University in June, Ukrainian President Volodymyr Zelensky gave a speech and urged companies to make investments in the nation. Numerous embassies in Kyiv have reopened, including the UK's in April, and he has also noted these occasions. 

McDonald's claimed that it was coordinating with contractors and suppliers to get the restaurants ready for reopening. The country is said to have storefronts for various western companies like KFC, Nike, and Zara. Additionally, McDonald's shut down all of its restaurants in Russia in March before selling the majority of them to a regional licensee in May.

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