McDonald’s golden arches pulled down from Moscow restaurant as company leaves Russia

The internationally famous golden arches of McDonald’s were pulled down from a restaurant close to Moscow after the fast-food chain said it is pulling out of Russia.

Stores in hundreds of locations across the country were closed down in March following Vladimir Putin’s invasion of Ukraine, in a move that cost the business around $55 million per month.

An existing McDonald’s licensee, Alexander Govor, who operates 25 restaurants in Siberia, has bought 850 Russian restaurants and has agreed to operate them under a new name, according to AP.

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