Domino’s Pizza announced it is closing all of its outlets in Russia, becoming the latest Western company to pull out of the country since it invaded Ukraine last year.
DP Eurasia, the master franchisee of the Domino’s Pizza brand in Russia, said Monday it is filing for bankruptcy for its Russian entity, DPRussia.
DP Eurasia said this follows an evaluation of the company’s Russian unit, including its presence in the country, “the impact of sanctions and its continuing ability to serve its customers in Russia.”
The company said the decision to file for bankruptcy comes after it attempted to sell DPRussia.
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Domino’s Pizza will become the latest western company to pull out of Russia since it invaded Ukraine as DP Eurasia, the master franchisee of the Domino’s Pizza brand in Russia, said that is it is filing for bankruptcy for its Russian entity, DPRussia. https://t.co/sLUoD8l4dD
— The Hill (@thehill) August 21, 2023
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