Russian Federal Antimonopoly Service Approves Govor’s Purchase of Russian McDonalds

On May 22nd, McDonalds agreed to sell the entire franchise, all 850 restaurants, residing in the Russian Federation to billionaire Alexander Govor. The actual trade value was not disclosed, but according to sources within the McDonalds corporation, the company would have accepted a 1.4B USD deal. Before the McDonalds pull-out of Russia, in protest to the invasion of Ukraine, Govor operated 25 restaurants in Siberia, in cities such as Novosibirsk, Krasnoyarsk, Kemerovo, Tomsk, Novokuznetsk, Barnaul and Berdsk.