BELOW SUPERNAV drop zone ⇩

Despite sanctions, some companies still in business in Russia

MAIN AREA TOP drop zone ⇩

MAIN AREA TOP drop zone ⇩

ovp test

mLife Diagnostics LLC: Oral Fluid Drug Testing

Male shot by female at Shreveport apartment

Class to create biodiverse backyard

Rules for outbursts at Caddo School Board Meeting

maylen

https://digital-stage.newsnationnow.com/

AUTO TEST CUSTOM HTML 20241114185800

AUTO TEST CUSTOM HTML 20241115200405

AUTO TEST CUSTOM HTML 20241118165728

AUTO TEST CUSTOM HTML 20241118184948

(NewsNation) — If you’ve watched the news lately, you might think it’s hard to find any U.S. business to spend money with in Moscow.

However, while places like McDonald’s and Starbucks have closed their doors, you can still book a room in a Marriott, buy drugs manufactured by Eli Lilly or get a meatball sub from Subway. The rational behind staying open is complex and unique to each business, but with each passing day more and more companies are deciding it’s not worth it.

While you can’t get a cheeseburger from McDonald’s, you can still order from Subway. The difference is that McDonald’s owns most of its Russian restaurants, while all of the Subways are owned by individual franchisees. This example highlights how complex international business can be for corporations, especially when things like sanctions and national pride get involved.

Evan Nierman, CEO of Red Banyay Crisis PR, told NewsNation’s Paul Gerke, “It’s really on a case by case basis and I think these organizations are making a business decision that, in retrospect, they may look back on and say, well, we wish we hadn’t. But I suspect that in many cases, the organizations that are continuing to do business in Russia feel like it’s a necessity in order to continue the operations.”

Amway, Bridgestone Tire, Mondelez, Deustschebank and General Mills are among dozens of other companies still doing business in Russia. Some have integral manufacturing there, some have limited control over franchisees and others are staying open to provide Russians essential food, medicine and clothing.

Some of the places continuing to do business in Russia have announced charitable efforts in response to public backlash. Subway, for example, is donating profits from its Russian stores to humanitarian efforts in Ukraine.

Business

Copyright 2024 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed

Site Settings Survey

 

MAIN AREA MIDDLE drop zone ⇩

Trending on NewsNation

AUTO TEST CUSTOM HTML 20241119133138

MAIN AREA BOTTOM drop zone ⇩

tt

KC Chiefs parade shooting: 1 dead, 21 shot including 9 kids | Morning in America

Witness of Chiefs parade shooting describes suspect | Banfield

Kansas City Chiefs parade shooting: Mom of 2 dead, over 20 shot | Banfield

WWE star Ashley Massaro 'threatened' by board to keep quiet about alleged rape: Friend | Banfield

Friend of WWE star: Ashley Massaro 'spent hours' sobbing after alleged rape | Banfield

Clear

la

48°F Clear Feels like 48°
Wind
1 mph NNW
Humidity
52%
Sunrise
Sunset

Tonight

Clear to partly cloudy. Low 46F. Winds light and variable.
46°F Clear to partly cloudy. Low 46F. Winds light and variable.
Wind
1 mph N
Precip
8%
Sunset
Moon Phase
Waning Gibbous