Domino’s franchisee to file for bankruptcy in Russia

It follows a decision by the business – which operates the Domino’s brand in the country alongside Turkey, Azerbaijan and Georgia – to review its presence in Russia, the impact of sanctions and its continuing ability serve its customers there.  

It said explained due to the increasingly challenging environment, DPRussia - which operates around 170 Domino’s restaurants in the country – is now “compelled to take this step”, ending the attempted sale of the business as well as its presence in Russia.

 
The firm added: “It is too early to have an exact estimate of the financial impact of a potential insolvency of DPRussia on the consolidated financial position and results of the company.”