McDonald's To Reopen Some Ukraine Restaurants
Voice of America
12 Aug 2022, 04:07 GMT+10
The McDonald's corporation announced Thursday it plans to begin reopening some of its restaurants in Ukraine, after closing them due to Russia's invasion of that country in February.
In a statement to the company's employees, the senior vice president of international operated markets, Paul Pomroy, said the decision was made "after extensive consultation and discussion with Ukrainian officials, suppliers, and security specialists."
He said McDonald's also considered the "strong desire" to return to work expressed by the company's more than 10,000 employees in Ukraine.
The statement said McDonald's will, over the next few months, institute a phased plan to "reopen some restaurants in Kyiv and western Ukraine, where other businesses have safely reopened."
The statement noted that McDonald's has continued to pay the salaries of its Ukrainian employees and established an employee assistance fund to support them and help aid the relief efforts.
The Associated Press reports other multinational companies have resumed operating in Ukraine in areas away from fighting. Western businesses like Nike, KFC and Spanish clothing retailer Mango are open in Kyiv.
AP also reports Ukraine's economy has been severely damaged by the war and restarting businesses like McDonald's restaurants, even in a limited capacity, would help. The International Monetary Fund expects Ukraine's economy to shrink 35 percent this year.
Subscribe and Follow
Get a daily dose of Greek Herald news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
News RELEASES
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Greek Herald.
More InformationAsian Development Bank cuts Asia growth forecast
MANILA, Philippines: Amidst increased central bank monetary tightening, Russia's invasion of Ukraine and COVID-19 lockdowns in China, the Asian Development ...
Stock falls after Gap cuts 500 corporate jobs
SAN FRANCISCO, California: Amidst declining margins and weak sales of outdated clothes of its brands, including Old Navy and Banana ...
Seeking rebound after Covid, Shanghai begins construction projects
SHANGHAI, China: After its economy slowed due to COVID-19 lockdowns in April and May, Shanghai, China's largest city, announced the ...
Ireland to end ownership of Bank of Ireland, says minister
DUBLIN, Ireland: Finance Minister Paschal Donohoe has announced that he expects the Bank of Ireland to become a privately-owned bank ...
Pepsi products leaving Russia due to invasion of Ukraine
MOSCOW, Russia: Some six months after it said it would halt sales and production following Russia's invasion of Ukraine, PepsiCo ...
WhatsApp to roll out call links feature, tests 32-person video chats
Washington [US], September 26 (ANI): Instant messaging and calling service Whatsapp will be rolling out a new feature that allows ...
Surging costs to result in vegetable shortages, says EU farmers
PARIS, France: Throughout northern and western Europe, vegetable producers are considering not planting crops due to the financial effects of ...
EU considers new sanctions against Russia, including cap on gas prices
BRUSSELS, Belgium: In response to a new escalation in Russia's war against Ukraine, the European Union is considering an oil ...
Mariners continue playoff push back home vs. Rangers
After a disappointing 3-7 road trip, the Seattle Mariners look to turn the page and continue their playoff pursuit on ...
Scientists find evidence for food insecurity driving international conflict two thousand years ago
Washington [US], September 27 (ANI): Researchers have identified climate-driven changes to food availability as a factor behind dramatic historical events ...
Mariners continue playoff push, return home for meeting with Rangers
After a disappointing 3-7 road trip, the Seattle Mariners look to turn the page and continue their playoff pursuit on ...
Georgia Tech faces No. 24 Pitt after dismissal of Geoff Collins
Georgia Tech will start a new era for its program when it plays at No. 24 Pittsburgh at 8 p.m. ...
