Hundreds of Soviet patrons queue outside the first McDonald’s restaurant in Moscow
(Picture: Reuters)McDonald’s said it will pull out of Russia after more than 30 years of operation in the country and take a write-off of $1.2 billion to $1.4 billion for the move.
The seller of hamburgers and milkshakes has initiated a process to sell the Russian business after temporarily closing its restaurants there, the company said in a statement Monday.
