{"id":419836,"date":"2022-03-21T20:57:17","date_gmt":"2022-03-21T17:57:17","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/burger-kings-russia-partner-claims-he-has-no-authority-to-close-800-stores\/"},"modified":"2022-03-21T20:57:17","modified_gmt":"2022-03-21T17:57:17","slug":"burger-kings-russia-partner-claims-he-has-no-authority-to-close-800-stores","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/burger-kings-russia-partner-claims-he-has-no-authority-to-close-800-stores\/","title":{"rendered":"#Burger King&#8217;s Russia partner claims he has no authority to close 800 stores"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a22caa36ea13\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a22caa36ea13\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/burger-kings-russia-partner-claims-he-has-no-authority-to-close-800-stores\/#%E2%80%9CBurger_Kings_Russia_partner_claims_he_has_no_authority_to_close_800_stores%E2%80%9D\" >&#8220;Burger King&#8217;s Russia partner claims he has no authority to close 800 stores&#8221;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9CBurger_Kings_Russia_partner_claims_he_has_no_authority_to_close_800_stores%E2%80%9D\"><\/span>&#8220;Burger King&#8217;s Russia partner claims he has no authority to close 800 stores&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div>\n<aside class=\"single__inline-module alignleft\">\n<\/aside>\n<p>Burger King\u2019s key partner in Russia says he lacks the ability to close <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>roximately 800 stores following the invasion of Ukraine \u2014 pushing back on a claim from the fast-food chain\u2019s US corporate leadership that he had \u201crefused\u201d its request to shutter the locations.<\/p>\n<p>Russian businessman Alexander Kolobov fired back after Restaurant Brands International president David Shear said in an open letter that the franchisee was resisting a corporate directive to shut down stores.<\/p>\n<p>Kolobov claims he doesn\u2019t have the \u201cauthority or power\u201d to unilaterally shut down the 800 stores in response to the invasion, arguing his 30% interest in a joint partnership with Burger King was \u201cfar below control\u201d required to take action. <\/p>\n<p>RBI holds a 15% minority stake in the venture and is selling off its business interests in Russia following the dispute.<\/p>\n<p>\u201cThe decision to terminate and suspend operations of the franchisee which employs about 25,000 persons must be taken by all shareholders considering impact it may have on the employees and their families,\u201d Kolobov said in a statement to <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.bbc.com\/news\/business-60789772\">the BBC<\/a>.<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"768\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/03\/burger-king-refuses-to-close-russia-04-1.jpg?quality=90&amp;strip=all&amp;w=1024\" alt=\"Burger King in Russia\" class=\"wp-image-21602438\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/03\/burger-king-refuses-to-close-russia-04-1.jpg?quality=90&amp;strip=all&amp;w=1536 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/03\/burger-king-refuses-to-close-russia-04-1.jpg?quality=90&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/03\/burger-king-refuses-to-close-russia-04-1.jpg?quality=90&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Burger King\u2019s parent company said it plans to sell off its business interests in Russia.<\/figcaption><figcaption><span class=\"credit\">SOPA Images\/LightRocket via Gett<\/span><\/figcaption><\/figure>\n<p>RBI did not im<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">media<\/a>tely return a request for comment on his remarks.<\/p>\n<p>RBI\u2019s Shear said the Burger King owner operates in Russia through a joint venture partnership with Kolobov, investment firm Investment Capital Ukraine and VTB Capital, an affiliate of Russia\u2019s VTB Bank.\u00a0<\/p>\n<p>Kolobov\u2019s response contradicted Shear\u2019s stance in the open letter explaining Burger King\u2019s conundrum in Russia. In the lengthy statement, Shear asserted that Kolobov is \u201cresponsible for the day-to-day operations and oversight of the ~800 restaurants in Russia.\u201d<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"683\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/03\/burger-king-refuses-to-close-russia-05-1.jpg?quality=90&amp;strip=all&amp;w=1024\" alt=\"Burger King store in Russia\" class=\"wp-image-21602439\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/03\/burger-king-refuses-to-close-russia-05-1.jpg?quality=90&amp;strip=all&amp;w=1536 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/03\/burger-king-refuses-to-close-russia-05-1.jpg?quality=90&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/03\/burger-king-refuses-to-close-russia-05-1.jpg?quality=90&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Burger King\u2019s parent company said its Russia partner had \u201crefused\u201d to shut down 800 stores following the invasion of Ukraine.<\/figcaption><figcaption><span class=\"credit\">SOPA Images\/LightRocket via Gett<\/span><\/figcaption><\/figure>\n<p>\u201cWe contacted the main operator of the business and demanded the suspension of Burger King restaurant operations in Russia. They have refused to do so,\u201d Shear said.<\/p>\n<p>The deal\u2019s terms meant Burger King can\u2019t shut down without Kolobov\u2019s approval or intervention from Russian authorities who have grown increasingly hostile toward Western companies, according to Shear.<\/p>\n<p>Shear added that RBI has \u201csuspended all corporate support\u201d for Burger King locations and Russia and plans to donate any proceeds from their partnership, including the sale of its ownership stake, to the United Nations refugee agency.<\/p>\n<p>\u201cWould we like to suspend all Burger King operations immediately in Russia? Yes. Are we able to enforce a suspension of operations today? No,\u201d Shear added.<\/p>\n<p>RBI\u2019s spat with one of its business partners highlights the challenges some Western companies have faced while unwinding their operations in Russia in response to the Kremlin\u2019s invasion.<\/p>\n<p>Burger King\u2019s fast food rival McDonald\u2019s shut down all its stores in Russia \u2014 only to see a local operator called \u201cUncle Vanya\u201d file a trademark application with a logo nearly identical to its \u201cgolden arches\u201d in an apparent effort to take over its business.\n                        <\/p><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/nypost.com\/2022\/03\/21\/burger-kings-russia-partner-claims-he-has-no-authority-to-close-800-stores\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Burger King&#8217;s Russia partner claims he has no authority to close 800 stores&#8221; Burger King\u2019s key partner in Russia says he lacks the ability to close approximately 800 stores following the invasion of Ukraine \u2014 pushing back on a claim from the fast-food chain\u2019s US corporate leadership that he had \u201crefused\u201d its request to shutter&#8230;<\/p>\n","protected":false},"author":1,"featured_media":419837,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/03\/burger-king-26-1.jpg?quality=90&strip=all&w=1024","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[127029,70976,70978,70509,4975,126128],"class_list":["post-419836","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-3-21-22","tag-burger-king","tag-fast-food","tag-food","tag-russia","tag-ukraine-war"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/419836","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=419836"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/419836\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/419837"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=419836"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=419836"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=419836"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}