Russian Burger King Partner Won’t Close Its 800 Stores

March 18, 2022 Business, Russia

Burger King on Friday said that its business partner controlling approximately 800 restaurants in Russia has “refused” to suspend operations in the country.

“We contacted the main operator of the business and demanded the suspension of Burger King restaurant operations in Russia. They have refused to do so,” David Shear, the president of Restaurant Brands International, which owns Burger King, said in a statement.

Burger King has started the process to divest its ownership stake, but “it is clear that it will take some time to do so based on the terms of our existing joint venture agreement,” Shear said.

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Burger King said that its business partner controlling approximately 800 restaurants in Russia has “refused” to suspend operations in the country. https://t.co/bGttfUzBsT

— Axios (@axios) March 18, 2022