The company that oversees the Domino’s Pizza brand in Russia said it will file for bankruptcy there, signaling a definitive end to its operations in that country nearly 18 months after President Vladimir Putin launched an unprovoked invasion of neighboring Ukraine.

DP Eurasia, the franchisee for Domino’s in Europe and Asia, cited unspecified business challenges in Russia, where it operated more than 100 restaurants. The U.S.-based Dominos Pizza has said it cut off financial support for the Russian business in December 2022.

A bankruptcy filing is now forthcoming, the company said.

      • _wintermute@lemmy.world
        151·
        2 years ago

        They chose to stay in hopes of continued profit.

        I hate to spoil this for you but the only reason any brand or corp left Russia was because they were afraid of reduced profits (sanctions notwithstanding). End of story. That just happens to line up with the majority of people’s sentiments which is “Fuck Russia.” Don’t confused morality with perfectly timed greed.

      • bob_wiley@lemmy.world
        21·
        2 years ago

        You sure claim to know a lot about the business operations of Dominos. Can you back any of that up or all you fill of shit?