A Burger King business partner is refusing to close 800 restaurants in Russia, the company said.
Burger King is trying to suspend its operations in Russia, but that's proving difficult. A business partner controlling 800 restaurants has"refused" to close them, the company said.
"We started the process to dispose [of] our ownership stake in the business," said David Shear, president of RBI's international operations, in an open letter."While we would like to do this immediately, it is clear that it will take some time to do so based on the terms of our existing joint venture agreement."
Shear said that RBI has"demanded" that the joint venture immediately close the Burger Kings, but Kolobov has"refused to do so." Shear explained that a"complicated legal process" is preventing it from shutting down the partnership and businesses.
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