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Domino’s Pizza brand master franchisee in Russia, DP Eurasia, has announced that it will continue to operate 188 stores in the country.
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However, DP Eurasia has also decided not to make any further investment into its Russian operations and will continue to closely monitor the geopolitical situation in the region.
In a statement, DP Eurasia said: “The safety and welfare of all of the group’s employees and customers remains its primary priority and DP Eurasia is shocked and saddened by the conflict and the effect it has had on all of the innocent civilians across the region.
“As stated in the group’s market update on 4 March 2022, at this stage there has been no material disruption to the Group’s operations from the ongoing situation.
“The Group will continue to monitor and review the rapidly developing geopolitical situation and will make a further update in its Preliminary Results for the year ended 31 December 2021, which are to be published on Tuesday 5 April 2022.”
DP Eurasia also added that it has suspended all royalty payments from its operations in Russia until further notice.
In addition to Russia, DP Eurasia also serves as the exclusive master franchisee of the Domino’s Pizza brand in Turkey, Azerbaijan and Georgia.
The latest move by DP Eurasia comes at a time when many restaurant brands have decided to suspend their operations in Russia in response to the country’s invasion of Ukraine.
Last week, McDonald’s, Yum! Brands, Papa John’s International and Burger King all paused their operations in Russia.
