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.

  • flipht@kbin.social
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    1 year ago

    Did it take them that long to figure out the bribes needed to create a subsidiary to continue doing business there without using the name anymore?

  • Hank@kbin.social
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    1 year ago

    Thank you Dominos for breaking the spirit of the Russian population with your horrible pizzas.

    • Cleverdawny@lemm.ee
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      1 year ago

      Idk man, I think they’re the best fast food pizzas. Better than Pizza Hut or Little Caesars, although Caesars is close

      • Aloha_Alaska@lemmy.world
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        1 year ago

        Where does Papa John’s sit in your rankings?

        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.”

      • DarkThoughts@kbin.social
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        1 year ago

        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…

        • severien@lemmy.world
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          1 year ago

          Also, all pizzas are fast food…

          No, if you sit down in a pizzeria, order a pizza, wait for it to be freshly made, then that’s no fast food.

            • severien@lemmy.world
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              1 year ago

              Let’s check Wikipedia’s definition:

              Fast food is a type of mass-produced food designed for commercial resale, with a strong priority placed on speed of service.

              That does not apply to a pizza made on your order in a sit-down pizzeria where you wait just as long as in other kinds of restaurants.

              • DarkThoughts@kbin.social
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                1 year ago

                It does, because it’s literally the same. A fast food service still rolls out the dough, adds the tomato sauce, cheese and other ingredients and throws it into the oven for a few minutes. The only difference is that a big delivery service that specializes on pizzas is that they prepare much larger quantities beforehand, as they can expect to use much more than a restaurant.

                But since you’re such a fan of Wikipedia, you might want to read the fast food article proper:

                Examples of fast food (left to right, top to bottom): Cheeseburger, soft drink, french fries, pizza margherita, hot dog, fried chicken, submarine sandwich, and donuts.

                The UK has adopted fast food from other cultures as well, such as pizza, doner kebab, and curry. More recently, healthier alternatives to conventional fast food have also emerged.

                Common menu items at fast food outlets include fish and chips, sandwiches, pitas, hamburgers, fried chicken, french fries, onion rings, chicken nuggets, tacos, pizza, hot dogs, and ice cream, though many fast food restaurants offer “slower” foods like chili, mashed potatoes, and salads.

                etc.

                • severien@lemmy.world
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                  1 year ago

                  The only difference is that a big delivery service that specializes on pizzas is that they prepare much larger quantities beforehand

                  Which is the critical difference - “with a strong priority placed on speed of service”. If you don’t prepare it with a focus on speed, and prepare it in a slow way, serve the customer in a more normal slow setting, then it’s not “fast food”, because there’s nothing “fast” about it.

  • SeaJ@lemm.ee
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    1 year ago

    Wow. Really quickly done there. /s

    These companies are taking even longer:

    https://som.yale.edu/story/2022/over-1000-companies-have-curtailed-operations-russia-some-remain

    As in they are still operating as if nothing has happened.

    Companies like:

    • Braun
    • British Telecom
    • Carl’s Jr
    • Cloudflare
    • Honor
    • Kawasaki
    • Lacoste
    • Makita -New Yorker
    • Patreon
    • Riot Games
    • Sbarro
    • Tupperware
    • Valve
    • Yamaha
    • ZTE

    There are a ton more that simply suspended new investment but are still operating.

  • snipvoid@lemm.ee
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    1 year ago

    If Domino’s Pizza can end their presence in Russia, when will the Norwegian Sovereign Wealth Fund?

    Didn’t they promise to pull out their 51 investments by February 2022?

    • Pringles@lemm.ee
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      1 year ago

      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.

      • snipvoid@lemm.ee
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        1 year ago

        According to this Norwegian publication in an article published January 31st 2023:

        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?

      • _wintermute@lemmy.world
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        1 year ago

        Find me an economic system where increasing profits at the expense of everything else isn’t the only goal. Probably that one.

        • YeetPics@mander.xyz
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          1 year ago

          If there can be no ethical consumption under capitalism and you bought your electronics, electricity and internet service (capitalism) then your commenting here (and all the rest of it) is unethical.

          Sorry, but that’s how I read your hot take and the hypocrisy is so juicy I couldn’t help but comment.

          • null@slrpnk.net
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            1 year ago

            “If there can be no ethical consumption under capitalism and you bought your electronics, electricity and internet service (capitalism) then your commenting here (and all the rest of it) is unethical.”

            Yes that is precisely what they’re saying. It’s not hypocritical though.

        • BombOmOm@lemmy.world
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          1 year ago

          Where does the non-capitalist model exist on earth right now? If you do find it, is that country somewhere you want to live?

      • _wintermute@lemmy.world
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        1 year ago

        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.

    • YeetPics@mander.xyz
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      1 year ago

      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.