The company that oversees the Domino’s Pizza brand in Russia said it will file for bankruptcy there, signaling a definitive end to its operations in that country nearly 18 months after President Vladimir Putin launched an unprovoked invasion of neighboring Ukraine.
DP Eurasia, the franchisee for Domino’s in Europe and Asia, cited unspecified business challenges in Russia, where it operated more than 100 restaurants. The U.S.-based Dominos Pizza has said it cut off financial support for the Russian business in December 2022.
A bankruptcy filing is now forthcoming, the company said.
I mean, to be fair, they stopped all financial support to Russia in 2022 (still took too long). This was just a pre-existing licensing agreement. I doubt they could’ve revoked it. Most people don’t think to put a “must stop operating in any country that commits war crimes” clause in their licensing deals
I haven’t had Little Caesar’s in a long time, but Papa John and Domino’s are both pretty solid options, and I like your term calling them “fast food pizza.”
Then you just have garbage tier pizzas.
In Germany they bought up Hallo Pizza, which was so much better, both in quality and what they offered.
Also, all pizzas are fast food...
Last I heard is that they simply couldn't, as the assets were locked at the bank they were using in Russia, which came under sanctions. They technically still have the investments, but have written them off as worthless.
the Norwegian oil fund still holds hundreds of millions worth of shares in petroleum companies like Gazprom, Novatek, Bashneft and Lukoil
Even if the value of the companies they’ve invested in lowers, they still haven’t pulled out any of their financial investments from Russia. The investments could be worth very little, but they still have something invested in Russia.
Is money more important to Norway than justice?
Norwegian Government on February 28, 2022, ordered the Oil Fund to freeze all investments in Russia and prepare a plan for divesting with the goal of totally exiting the Russian stock market
Why has it taken them much more than a year to even communicate their ‘plan’ to make the divestment happen?
Is Domino’s Pizza really better at handling their finances than the wealthiest pension fund in the world?
I just don't attach morality to shitty brands or corporations. It's okay we don't need to act like they are "on our side" because inherently they are the ones exploiting us. They cater to the market, not a sense of morality. Acting like they actually care, or have some sort of moral compass is just sticking your head in the sand against the irrefutable evidence of the capitalist hellscape we live in.
Because farming is specific to capitalism lmfao what a dumbass response. Using currency to purchase goods and services does not equal capitalism you fucking Neanderthal.
he typed, sure of his worldview and naive to the hypocrisy of consuming electricity which powered the personal computer he bought and didn't forge himself from silicon and copper.
Do you think that I think that I don't consume? I just don't attach morality to it, e.g. "Don't buy Domino's because they're still in Russia over a year after the war" or insert any virtue signaling "protest" like Bud Light etc.