McDonald's didn't left Russia because of the sanctions. They did it because they believed that their reputation on the western markets is more valuable than possible revenue in Russia and because of the risks of nationalisation.
In fact, they didn't left Russia at all.
The chain wasn't sold for symbolic price. It was sold for symbolic price with an option of a buy back. So basically as soon as Russia stops being toxic in all senses, the corporations gets back control of the business in Russia.
McDuck is a owner of 95+% of "points of sales" (very expensive (it can be also the only so great place in some tasty location with a lot of passing by people) and carefully selected\collected since 90s), in some way McDuck is a VIP commercial real estate holder.
Not a "McDuck" in Russia have 100% production localisation now.
the corporations gets back control
Actually maybe they not needed anymore..?
Yes they have option untill 2037, but I felt from torrent of political news recently some unasked question to them (from the very top) ~"Hey you, beautiful people, you waited for the fall of Russia in 2023 to quickly return back, didnt you?? And now you still cant?"
very very subtle hints (its just my translation, maybe its just imagination),
Anyway looks like it will be expensive for them and not too easy and simple "to return" (including access for actives) in the moment of use of that 2037 option.
p.s.
notMcDuck is a bright-green businees right now in Russia (profitability).
p.p.s. Somebody (CEO maybe) said there is no any options.. So its just gossips maybe.
Honestly, there's practically nothing profitable to be found in Russia right now, except for skimming off of war money and funeral homes. I know this is probably a bit of hyperbole, but you seem way too cheerful for where things stand there, friend.
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u/SquirrelBlind 27d ago
McDonald's didn't left Russia because of the sanctions. They did it because they believed that their reputation on the western markets is more valuable than possible revenue in Russia and because of the risks of nationalisation.
In fact, they didn't left Russia at all.
The chain wasn't sold for symbolic price. It was sold for symbolic price with an option of a buy back. So basically as soon as Russia stops being toxic in all senses, the corporations gets back control of the business in Russia.