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| McDonald’s to close in Asian country – Bloomberg | McDonald’s to close in Asian country – Bloomberg |
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| Sanctions against Russia reportedly disrupted the supply of beef to franchises in Kazakhstan | Sanctions against Russia reportedly disrupted the supply of beef to franchises in Kazakhstan |
| McDonald’s may soon exit the former Soviet republic of Kazakhstan due to anti-Russia sanctions, Bloomberg reported on Wednesday, citing sources familiar with the matter. | |
| The Central Asian country has not joined the US and its allies in embargoing Moscow over the conflict in Ukraine. However, the American fast-food chain reportedly prohibited its franchisee in Kazakhstan from buying frozen beef patties from Russia. | The Central Asian country has not joined the US and its allies in embargoing Moscow over the conflict in Ukraine. However, the American fast-food chain reportedly prohibited its franchisee in Kazakhstan from buying frozen beef patties from Russia. |
| The franchisee, TOO Food Solutions KZ, suspended operations at 24 restaurants in November, citing supply issues. Importing meat from Europe would cost too much, according to Bloomberg’s sources – who would not speak on record. McDonald’s would not comment on the matter. It was likewise not possible to source the meat locally, for reasons that were not specified. | The franchisee, TOO Food Solutions KZ, suspended operations at 24 restaurants in November, citing supply issues. Importing meat from Europe would cost too much, according to Bloomberg’s sources – who would not speak on record. McDonald’s would not comment on the matter. It was likewise not possible to source the meat locally, for reasons that were not specified. |
| McDonald’s was brought to Kazakhstan in 2016, by a relative of former president Nursultan Nazarbayev. However, Kairat Boranbayev, who ran TOO Food Solutions KZ, was arrested in March 2022 on charges of embezzlement. | |
| Boranbayev’s McDonald’s franchise in Belarus also shut down last year, losing its license due to supply issues. | Boranbayev’s McDonald’s franchise in Belarus also shut down last year, losing its license due to supply issues. |
| Five McDonald’s restaurants in Bosnia-Herzegovina, a former Yugoslav republic, also closed at the end of December, reportedly due to a judgment against the local franchisee for owing half a million euros in rent to a German bank. The chain first opened in Sarajevo in 2011, somehow managing to compete with the national cuisine favoring grilled meat dishes. | Five McDonald’s restaurants in Bosnia-Herzegovina, a former Yugoslav republic, also closed at the end of December, reportedly due to a judgment against the local franchisee for owing half a million euros in rent to a German bank. The chain first opened in Sarajevo in 2011, somehow managing to compete with the national cuisine favoring grilled meat dishes. |