McDonald's decides to sell up after 30 years in Russia

A McDonald's restaurant in the centre of Dmitrov, a Russian town 75km north of Moscow. 

McDonald's became one of the biggest global brands to exit Russia, laying out plans to sell all its restaurants after operating in the country for more than 30 years following the invasion of Ukraine.

The world's largest burger chain, which owns about 84% of its nearly 850 restaurants in Russia, will take a related non-cash charge of up to $1.4bn (€1.34bn) following its sale.