Russian govt to help new McDonald's owner in Russia to set up

Russian Industry and Trade Minister Denis Manturov (Photo: Reuters)Premium
Russian Industry and Trade Minister Denis Manturov (Photo: Reuters)
1 min read . Updated: 19 May 2022, 06:59 PM IST Reuters

McDonald's said on Thursday that it would sell its Russian business to its current licensee, Alexander Govor, who would operate the restaurants under a new brand

Listen to this article

Russia's government will provide the new owners of the Russian business of McDonald's with all the assistance they need to set up, the TASS news agency quoted Industry and Trade Minister Denis Manturov as saying on Thursday.

The world's largest burger chain said on Thursday that it would sell its Russian business to its current licensee, Alexander Govor, who would operate the restaurants under a new brand.

Subscribe to Mint Newsletters
* Enter a valid email
* Thank you for subscribing to our newsletter.
Close