The owner of KFC and Pizza Hut has suspended investments in Russia

Yum! Brands has suspended all investments and development of restaurants in RUSSIA.

Yum! Brands (which owns the brands KFC, Pizza Hut) suspends investment and development in Russia. This was reported on the company's website.

Yum! Brands has suspended all investments and development of restaurants in Russia <...> Yum! Brands will also redirect all profits from operations in Russia to humanitarian purposes.

There are about 1,000 KFC restaurants and 50 Pizza Huts in Russia, almost all of which are operated by independent owners under license or franchise agreements.

Carlsberg announced the termination of investments and supplies of products to Russia Business

Earlier, on March 4, the Danish brewing company Carlsberg (brands Carlsberg, Kronenbourg, Holsten, Tuborg) announced the cessation of new investments in Russia, and also blocked EXPORT supplies to the Russian Baltika, the largest shareholder of which the company has been since 2008.