Site icon TV Punjab | English News Channel

McDonald’s, Coca-Cola to halt Russia operations over Ukraine war

New Delhi: McDonald’s, Starbucks, Coca-Cola, PepsiCo and General Electric – ubiquitous global brands and symbols of US corporate might have announced that they will temporarily suspend their business in Russia in response to the country’s invasion of Ukraine.

The conflict in Ukraine and the humanitarian crisis in Europe has caused unspeakable suffering to innocent people. As a System, we join the world in condemning aggression and violence and praying for peace. Our number one priority from the start of this crisis has been – and will remain – our people, Macdonald officials said in a statement.

As Ian Borden shared last week, the Company has provided immediate financial support to our team in Ukraine. We are continuing to pay full salaries for our Ukrainian employees and have donated $5 million to our Employee Assistance Fund, and continue to support relief efforts led by the International Red Cross in the region. We have been overwhelmed by the offers of support across the System and thank you for your generous contributions to date.

As many of our colleagues in Ukraine have sought refuge, they have found the familiar support of the McDonald’s System in new and unfamiliar places. In Poland and many other markets across Europe, our System has literally opened their homes, their hearts, and their restaurants. The Ronald McDonald House Charities (RMHC) Poland Care Mobile is at the Polish-Ukrainian border to provide medical care and humanitarian aid for families and children, and another Care Mobile is on the way from RMHC Latvia. Additionally, RMHC Ukraine is deploying medical supplies and providing humanitarian aid throughout the country, and its programs are being repurposed for use by hospital personnel.

In Russia, we employ 62,000 people who have poured their heart and soul into our McDonald’s brand to serve their communities. We work with hundreds of local, Russian suppliers and partners who produce, Macdonald officials added in a statement.