Today
Guardiola: Victory over Newcastle is an important step
+11°
ясно ветер 1.4 м/с, С

KFC and Pizza Hut operations in Turkey have ceased

World
191

KFC and Pizza Hut operations in Turkey have ceased
The famous American fast food chain — KFC has closed all its restaurants in Turkey.

The reason given is that the franchise owner “İsh Gıda A.Sh.” has declared itself bankrupt. The company has a debt of nearly 7.7 billion Turkish lira, which is equivalent to 214 million dollars.

Among the closed locations are 283 KFCs and 254 Pizza Huts, resulting in over 7000 workers being left unemployed. A decline in sales and boycott movements led to bankruptcy.

KFC first started operations in Turkey in 1989

Similar news

The Pope of Rome opposed artificial intelligence in sermons
The Pope of Rome opposed artificial intelligence in sermons
Pope Leo XIV announced his opposition to the use of artificial intelligence in the sermon preparation process. This was reported by Zamin.uz. The Vatican leader emphasized that in this matter, one
World Yesterday, 20:32
Thailand became a transit point for Chinese drones delivered to Russia
Thailand became a transit point for Chinese drones delivered to Russia
Thailand has become an important transit hub for the delivery of Chinese-made drones to Russia. This was reported by Zamin.uz. According to Bloomberg agency data, since 2022, the trade volume in
World Yesterday, 17:17
Ukraine and Moldova exposed a criminal group under Russian control
Ukraine and Moldova exposed a criminal group under Russian control
Law enforcement agencies of Ukraine and Moldova have dismantled a criminal group controlled by Russian special services that aimed to eliminate prominent figures. This was reported by Zamin.uz.
World Yesterday, 16:32
European countries united against cheap drones
European countries united against cheap drones
Leading European countries – Germany, France, Poland, the United Kingdom, and Italy (the E5 group) have reached an important agreement in the defense sector. This was reported by Zamin.uz. The LEAP
World Yesterday, 16:16
Israeli strikes on the Bekaa Valley: 10 dead, 50 injured
Israeli strikes on the Bekaa Valley: 10 dead, 50 injured
Israel conducted air strikes on Lebanon's Bekaa Valley. This was reported by Zamin.uz. According to Reuters agency, at least 10 people were killed and more than 50 injured as a result of the
World Yesterday, 15:48
Mbappe and PSG dispute over 2 million euros
Mbappe and PSG dispute over 2 million euros
The current champion of the UEFA Champions League and the French league, "Paris Saint-Germain" (PSG) club, is facing a financial dispute with Kylian Mbappe. This was reported by Zamin.uz.
World Yesterday, 15:14