Russia will not ‘roll out red carpet’ for McDonald’s: Putin

MOSCOW: President Vladimir Putin has said that Russia will not “roll out the red carpet” for McDonald’s if the fast-food giant decides to return to the country, amid growing reports of foreign companies expressing interest in re-entering the Russian market, according to a media report on Monday.

McDonald’s exited Russia in 2022 following Western sanctions imposed over the Ukraine conflict. The company sold its operations to a Russian investor who had been a franchise partner since 2015, managing 25 restaurants across Siberia.

These restaurants were rebranded under the name ”Vkusno I Tochka” (Russian for ‘Tasty and That’s It’) and have been operating in Russia since June 12, 2022. PTI