McDonald's, Coca-Cola Still See Risks to Operating in Russia
McDonald's Corp. and Coca-Cola Co. said they continue to see risks to operating in Russia, a signal that major US firms remain cautious about business investments in the country.
The companies outlined their positions in letters to the Ukrainian advocacy group B4UKraine Coalition that were seen by Bloomberg News. In its letter, McDonald's said the company is sticking to the framework of five questions it used to decide to exit Russia in 2022 after the country's invasion of Ukraine.
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