Re:McDonald’s to Exit from Russia
by sega_sai on Monday May 16, 2022 @09:01AM
(#31396506)
I think the problem is that they may not be allowed to bring the money outside Russia, as there are now capital controls on foreign currency.
That's why there a few foreign factories, like Renault who seemed to have "sold" them for like 1 ruble.
[ Parent
| on HN ]
For context, Renault sold its majority stake in AvtoVAZ (Lada, 45k employees) today for 1 ruble to the Russian government, with the option to buy-back for the next 6 years:
https://www.lemonde.fr/en/economy/article/2022/05/16/french-...