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Campfire Ranger
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OP
Campfire Ranger
Joined: Feb 2013
Posts: 21,644 |
Burger King Owner Says Russia Operator Has 'Refused' to Shut Shops
The owner of Burger King has said the operator of its 800 stores in Russia has "refused" to close them.
The president of Restaurant Brands International (RBI), which owns Burger King and has operated its restaurants in Russia for a decade in a joint venture which includes Alexander Kolobov, said the company was attempting to withdraw from the Russian market following the invasion of Ukraine.
RBI president David Shear wrote in an open letter to employees: "We contacted the main operator of the business and demanded the suspension of Burger King restaurant operations in Russia. He has refused to do so.
"We suspended all corporate support for the Russian market, including operations, marketing, and supply chain support in addition to refusing approvals for new investment and expansion."
Mr Shear said the company's "complicated" agreements with overseas partners meant it was unable to walk away from its Russia business, adding any changes "would ultimately require the support of Russian authorities on the ground and we know that practically will not happen any time soon".
The joint venture, which RBI owns 15% of, with Mr Kobolov also includes a Ukrainian investment fund and VTB Capital, an affiliate of Russia's second-largest financial institution VTB Bank.
VTB Bank has been sanctioned by the UK, the US and numerous European countries over the invasion.
Mr Shear said: "We committed to redirecting any profits we receive from the business, including our ownership stake, to the United Nations' refugee agency (UNHCR) and made an immediate donation of 1 million dollars (£760,000) toward that commitment. We've also worked with franchisees from more than 25 countries to distribute 2 million dollars (£1.5m) of free meal coupons for Burger King restaurants to NGOs supporting Ukrainian refugees."
Burger King Franchise Owner Borus Fugauass said "Let's Go Brandon" at the March 17, 2022 Press Conference.
Google "Burger king refuses to close stores in Russia"... LOTS of links
If you are not actively engaging EVERY enemy you encounter... you are allowing another to fight for you... and that is cowardice... plain and simple.
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Joined: Feb 2013
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Campfire Ranger
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Campfire Ranger
Joined: Feb 2013
Posts: 21,644 |
Starbucks and McD... have closed...
ROFLMAO.
Go... Borus Fugauass... Go!
If you are not actively engaging EVERY enemy you encounter... you are allowing another to fight for you... and that is cowardice... plain and simple.
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Campfire Regular
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Campfire Outfitter
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They're a franchise so Burger King doesn't own them. Burger King can sue them for not complying but I doubt that'd get very far in a Russian court. Burger King can stop supplying them ingredients but I suspect most of that is sourced from Russia already and made to BK specs. If some Russian wholesalers are already supplying BK ingredients then there's no reason they can't keep making them except for licensing contracts which have likely been invalidated by the Russian government already.
In short, there's nothing they can do to stop the franchisee from continuing to operate under the Burger King name. BK parent company can sue, but good luck.
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Campfire 'Bwana
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Campfire 'Bwana
Joined: Apr 2004
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Hell, let them have at it...
who's it going to hurt....
I don't support Putin invading the Ukraine, but at the same time.... is Burger King selling hamburgers in Russia going to upset the world stage?
hell Broadway Joe didn't want to stop buying Putin's oil....
but he just shifted gears and is Iran and Venezuela on his knees, blowing people to try and buy their oil, so they can screw us over instead of us using what we have below our feet... which is OCEANS of oil and natural Gas...
Joe belongs in a Memory Care Unit, instead of the White House... Kamala belongs in a Nevada Whore house and Nancy needs to be mad an astronaut with NASA... she's higher off the ground in LaLa Land than anyone else over there....
Why should these people be in office, when they've been collecting social security for the last 20 plus years?
"Minus the killings, Washington has one of the lowest crime rates in the Country" Marion Barry, Mayor of Wash DC
“Owning guns is not a right. If it were a right, it would be in the Constitution.” ~Alexandria Ocasio Cortez
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Campfire Outfitter
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WGAFF?Punish Russians so the Bidens don`t miss out on their Ukrainian bag money?
Its all right to be white!!
Stupidity left unattended will run rampant
Don't argue with stupid people, They will drag you down to their level and then win by experience
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Campfire Tracker
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Campfire Tracker
Joined: Feb 2009
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“Some ideas are so stupid that only intellectuals believe them.”
― G. Orwell
"Why can't men kill big game with the same cartridges women and kids use?"
_Eileen Clarke
"Unjust authority confers no obligation of obedience."
- Alexander Hamilton
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Burger King defying the no-fry zone McDonalds established.
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Joined: Oct 2021
Posts: 10,676
Campfire Outfitter
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Campfire Outfitter
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They're a franchise so Burger King doesn't own them. Burger King can sue them for not complying but I doubt that'd get very far in a Russian court. Burger King can stop supplying them ingredients but I suspect most of that is sourced from Russia already and made to BK specs. If some Russian wholesalers are already supplying BK ingredients then there's no reason they can't keep making them except for licensing contracts which have likely been invalidated by the Russian government already.
In short, there's nothing they can do to stop the franchisee from continuing to operate under the Burger King name. BK parent company can sue, but good luck. This. Subway is staying open also.
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Campfire Outfitter
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If RBI president David Shear doesn't want the Russian Burger King to use the B.K franchise name, then the Russian oligarch who owns the outlets can just change the name to "Booger Kang."  L.W.
"Always go straight forward, and if you meet the devil, cut him in two and go between the pieces." (William Sturgis, clipper ship captain, 1830s.)
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Campfire Ranger
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Campfire Ranger
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Obviously, these idiots that close do not realize that Putin doesn't give a single flying phugk about them closing.
Buncha virtue signaling f a g s.
The deer hunter does not notice the mountains
"I fear all we have done is to awaken a sleeping giant and fill him with a terrible resolve" - Isoroku Yamamoto
There sure are a lot of America haters that want to live here...
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If you can't kill them with bullets, kill them with this garbage fast food. It just takes a little longer.
"Guard with jealous attention the public liberty. Suspect everyone who approaches that jewel. Unfortunately, nothing will preserve it but downright force. Whenever you give up that force, you are inevitably ruined.”
Patrick Henry
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Campfire Outfitter
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Campfire Outfitter
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Obviously, these idiots that close do not realize that Putin doesn't give a single flying phugk about them closing.
Buncha virtue signaling f a g s. I believe that Putin’s seizing the assets of those that do close. That was his threat.
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Campfire Outfitter
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Obviously, these idiots that close do not realize that Putin doesn't give a single flying phugk about them closing.
Buncha virtue signaling f a g s. I believe that Putin’s seizing the assets of those that do close. That was his threat. ya thats going to bode real well for future foreign investment in russia.
My diploma is a DD214
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Campfire Savant
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Campfire Outfitter
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Obviously, these idiots that close do not realize that Putin doesn't give a single flying phugk about them closing.
Buncha virtue signaling f a g s. I believe that Putin’s seizing the assets of those that do close. That was his threat. ya thats going to bode real well for future foreign investment in russia. He signed a law to seize foreign aircrafts inside of Russia and did so. Estimated to be in the hundreds of commercial aircraft, This was on CNN ,,,so there is that to consider.
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Most always is but there’s more involved in this than just money. He doesn’t seem to care about shooting himself in the foot.
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Campfire Ranger
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Campfire Ranger
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Burger King defying the no-fry zone McDonalds established. Nostrovia!
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If you can't kill them with bullets, kill them with this garbage fast food. It just takes a little longer. Thinking the same thing. Letting BK keep serving should be enough punishment for the Russians.
Politics is War by Other Means
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