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McDonald’s to Exit from Russia

corporate.mcdonalds.com

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Re: McDonald’s to Exit from Russia

#161

Post by DocTomoe »

logifail wrote: post #24
GekkePrutser wrote: post #13

> The Company intends to initiate the process of “de-Arching” those restaurants, which entails no longer using the McDonald’s name, logo, branding, and menu, though the Company will continue to retain its trademarks in Russia. Obviously they'd want to keep the trademark, otherwise they have no way to prevent those sold restaurants from "re-Arching" after the "de-Arching" :)

> Obviously they'd want to keep the trademark, otherwise they have no way to prevent those sold restaurants from "re-Arching" after the "de-Arching" :) If a country has gone sufficiently rogue to invade a neighbour, respect for property[0][1] - and by extension trademarks - appears to matter very little, at least for now? [0] https://edition.cnn.com/2022/03/16/business/russia-aircraft-... [1] https://www.bbc.com/news…

Even the Nazis did not try to resurrect the Coca-Cola brand when it disappeared - they made their own thing and called it Fanta.

Just saying.

Re: McDonald’s to Exit from Russia

#162

Post by pm90 »

AltruisticGapHN wrote: post #149

Wow thatt's pretty rough. Just recently I saw some old footage of when Russia opened to the West and all those 90's kids in Russia going to the first Mc Donalds opening there. Then again McDonalds is a good example of a lot of things that are just plain wrong about western culture... so no loss for Russia I guess.

McDonalds in non US countries is often very different from the US. Its still probably not the healthiest option, but it operates in a different market segment.

Re: McDonald’s to Exit from Russia

#163

Post by throw-ru-938 »

trasz wrote: post #158
0898 wrote: post #140

Can anybody explain why the rouble is at a five-year high? Or is there something in the intricacies of currency pairings that means this high isn't quite like other "highs"?

Because it's artificially held high by Russian central bank. That's why Russians are not allowed to buy USD or gold.

Russians are in fact allowed to buy USD (provided the bank actually has the physical dollar notes). The earlier prohibition on buying foreign currency has been relaxed.

Re: McDonald’s to Exit from Russia

#164

Post by _ph_ »

johannes1234321 wrote: post #142
jcranmer wrote: post #103

Earlier quoted context omitted.

Russia is party to several international treaties that allow it to be sued outside of Russian courts if it doesn't uphold intellectual property law, and if those suits do not go Russia's way, then it is now possible that Russian assets can be seized as compensation. Or, to oversimplify it, if Russia decides that anyone can use McDonald's trademark, then maybe Gazprom's pipelines won't be Russian anymore.

> then maybe Gazprom's pipelines won't be Russian anymore. Germany already took over control of Gazprom Germania, with tanks and pipelines within Germany. So that isn't much of a threat. https://www.bundesnetzagentur.de/DE/Fachthemen/Elektrizitaet... (PDF, German language)

Not quite. It is still the property of Gazprom, but the control is exercised by the German authorities at the moment to ensure proper operations.

Re: McDonald’s to Exit from Russia

#166

Post by throw-ru-938 »

0898 wrote: post #140

Can anybody explain why the rouble is at a five-year high? Or is there something in the intricacies of currency pairings that means this high isn't quite like other "highs"?

With the sanctions, imports have fallen but exports are still going strong. The Central Bank now requires all exporters to exchange at least 50% of foreign profits into roubles. So, there's a lot of demand for RUB, not so much for USD.

Re: McDonald’s to Exit from Russia

#167

Post by wiseowise »

allarm wrote: post #112
qwerty456127 wrote: post #78

Earlier quoted context omitted.

Russia does. Look at how bizarrely long the queue to the first McDonalds in Moscow was.

It was after approx 70 years of Soviet regime. People had never seen anything like this before, during their whole life.

> https://www.reddit.com/r/interestingasfuck/comments/t9s0f4/r...

I guess this is also after 70 years of soviets and people never seen anything like this before?

Re: McDonald’s to Exit from Russia

#170

Post by dandanua »

konstmonst wrote: post #114

Russia is a vassal state of china and shows the direction emperor Xi wants to go, but can't afford to. They wanted to show that dictatorships are more powerfull and efficent than democracy but even the market (inkl Mc. Donalds) showed that they aren't. I wonder if humanity will survive the next maybe indiect conflict with China...

Dictatorships are much more enjoyable for the elite and top class. Especially, when they have free access to all goods, services, and progress created in free countries.
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