this post was submitted on 21 Aug 2023
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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.

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[–] Burn_The_Right@lemmy.world 64 points 2 years ago (8 children)

Fuck Domino's. They stayed for a fucking year and half. I hope they lost tons of money. Fucking vile sub-human shitbags.

[–] jeffw@lemmy.world 74 points 2 years ago (2 children)

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

[–] SupraMario@lemmy.world 23 points 2 years ago (7 children)

This is almost like being pissed at Boeing because russia stole their planes.

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[–] Burn_The_Right@lemmy.world 7 points 2 years ago

Fair enough. Still pretty angry about it.

[–] _wintermute@lemmy.world 34 points 2 years ago

Fucking vile sub-human shitbags.

Sir, this is a pizza place that hires mostly teenagers. There are much greater evils to get sweaty about. This one isn't it.

[–] Holomew@lemmy.world 23 points 2 years ago

They actually stopped taking orders, it just took this long to finish their deliveries.

[–] _wintermute@lemmy.world 21 points 2 years ago

Here it is. The embodiment of the example I gave (before I even saw this lmao) in my responses to the idiots down voting.

Stop attaching morality to stupid fucking brands, people. The capitalists fucking hate you.

[–] altima_neo@lemmy.zip 4 points 2 years ago

You misread the article. It's not Domino's, it's the franchise owner who operates Domino's in Europe.

The title is somewhat misleading

[–] ares35@kbin.social 2 points 2 years ago

guess they ran out of lube and could no longer deliver in 30 minutes or less.

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[–] flipht@kbin.social 21 points 2 years 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?

[–] FlyingSquid@lemmy.world 19 points 2 years ago
[–] DarkThoughts@kbin.social 17 points 2 years ago (1 children)

Please pull out of Germany too. I want Hallo Pizza back.

[–] nehl@lemmy.world 2 points 2 years ago

And Joey's!

[–] SeaJ@lemm.ee 15 points 2 years ago* (last edited 2 years ago) (2 children)

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.

[–] ChickenLadyLovesLife@lemmy.world 7 points 2 years ago (1 children)

Sbarro should be allowed to continue in Russia. I've never eaten at a restaurant chain more demoralizing than that.

[–] SeaJ@lemm.ee 3 points 2 years ago

Sbarro's to the front lines!

[–] Raiderkev@lemmy.world 6 points 2 years ago (1 children)

Lol, ZTE is a Chinese company. They are 100% not pulling out.

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[–] Hank@kbin.social 12 points 2 years ago (1 children)

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

[–] Cleverdawny@lemm.ee 4 points 2 years ago (13 children)

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 2 points 2 years ago (2 children)

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.”

[–] FlyingSquid@lemmy.world 4 points 2 years ago

Where does Papa John’s sit in your rankings?

We're talking about pizza here. What relevance does Papa John's have?

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[–] Dinodicchellathicc@lemmy.world 1 points 2 years ago

I like domino's too. They have an ass wrecking buffalo chicken pizza that I can't get enough of

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[–] snipvoid@lemm.ee 9 points 2 years ago (1 children)

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 1 points 2 years ago (1 children)

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 3 points 2 years ago* (last edited 2 years 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?

[–] mycroft@lemmy.world 8 points 2 years ago

They finally ran out of frozen dough.

[–] saltesc@lemmy.world 3 points 2 years ago

Damn. That's a win for Russia :\

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