Espace Jeunes FCOMTE

Main Menu

  • Home
  • French banks
  • French Economy
  • Young People Space
  • French University
  • University Fund

Espace Jeunes FCOMTE

Header Banner

Espace Jeunes FCOMTE

  • Home
  • French banks
  • French Economy
  • Young People Space
  • French University
  • University Fund
French Economy
Home›French Economy›Burger and two fries? Russia unveils its logo as a replacement for McDonald’s | Russia

Burger and two fries? Russia unveils its logo as a replacement for McDonald’s | Russia

By Lisa Perez
June 10, 2022
0
0

The replacement for McDonald’s in Russia has unveiled its new logo, ahead of a grand reopening on Sunday. The reopening is timed to coincide with Russia Day, marking the founding of the federation, at the same location in Moscow’s Pushkin Square where McDonald’s opened in Russia in 1990.

It was then seen as a powerful symbol of the former Soviet economy’s openness to Western business, but today more than 1,000 former McDonald’s restaurants in Russia will become part of a new chain, in part because of sanctions Western countries on economic activity with Russia.

Workers use a crane to dismantle a McDonald’s ‘Golden Arch’ in the town of Kingisepp, Leningrad Region. Photograph: Anton Vaganov/Reuters

The new logo features a burger and two fries in the shape of an M, although the name of the new brand has yet to be revealed.

Critics of the new logo have pointed to its similarity to that of the Marriott hotel chain, which operates in Russia. One person on social media described it as “the Marriott hotel logo crossed with the flag of Bangladesh”.

According to information from the Russian news agency RIA Novosti, the McDonald’s application in Russia has been renamed “My Burger”. The agency was informed that this was a temporary name, to comply with the requirement to remove the McDonald’s brand.

Sign up for First Edition, our free daily newsletter – every weekday morning at 7am BST

In what will be seen as another sign of the impact of Western economic sanctions on the Russian economy, Reuters reports that Russia’s Ministry of Industry expects car sales to halve in 2022 as the country’s auto industry is struggling with supply issues.

Tigran Parsadanyan, deputy director of the ministry’s automobile and railway engineering department, said on Thursday: “We saw a sharp decline in April and May. We expect some 750,000 cars to be sold in the market by the end of the year.

This figure represents a 51% drop in sales year-on-year.

This article was last modified on June 10, 2022. Russia Day marks the creation of the federation, not independence as an earlier version stated.

Related posts:

  1. Let’s rebuild the port of Beirut in lower than three years, says Frenchman CMA CGM
  2. Emmanuel Macron’s restoration plot with the European Fee arouses outrage – “Frexit or die!” | Politics | New
  3. Chinese language manufacturing facility knowledge raises considerations over international inflation, financial information and present affairs
  4. France strengthens its commerce and financial relations with Nigeria

Recent Posts

  • Lefevere wonders about Van Aert’s knee injury
  • Canadian work permits: Canada extends work permits for some international graduates
  • Dollar Peak May Have Passed Along With Falling Hike Expectations
  • The world’s largest hybrid ship carries passengers between the UK and France
  • Lyft adds cash payment option

Archives

  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • September 2020
  • August 2020
  • April 2020
  • March 2020
  • February 2020

Categories

  • French banks
  • French Economy
  • French University
  • University Fund
  • Young People Space
  • Terms and Conditions
  • Privacy Policy