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 61 points 1 year ago (7 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 1 year 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 25 points 1 year ago

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

[–] Burn_The_Right@lemmy.world 7 points 1 year ago

Fair enough. Still pretty angry about it.

[–] _wintermute@lemmy.world 32 points 1 year 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 22 points 1 year ago

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

[–] _wintermute@lemmy.world 17 points 1 year 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.

[–] ares35@kbin.social 2 points 1 year ago

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

[–] altima_neo@lemmy.zip 2 points 1 year 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

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[–] flipht@kbin.social 21 points 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?

[–] FlyingSquid@lemmy.world 17 points 1 year ago
[–] DarkThoughts@kbin.social 15 points 1 year ago (1 children)

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

[–] nehl@lemmy.world 2 points 1 year ago

And Joey's!

[–] Hank@kbin.social 11 points 1 year ago (1 children)

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

[–] Cleverdawny@lemm.ee 4 points 1 year ago (3 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 1 year 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 3 points 1 year ago

Where does Papa John’s sit in your rankings?

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

[–] Cleverdawny@lemm.ee 0 points 1 year ago

I'll be honest, I think I ate papa johns like two decades ago, so I have no idea. They just aren't around me. But yeah if you think about it, they're totally fast food. Cheap and consistent, you know what you're getting. But if you want something GOOD you gotta go with a real, local pizza place.

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

[–] DarkThoughts@kbin.social 1 points 1 year ago (1 children)

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 3 points 1 year ago* (last edited 1 year ago) (9 children)

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.

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[–] SeaJ@lemm.ee 10 points 1 year ago* (last edited 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 8 points 1 year 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 1 year 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 1 year ago* (last edited 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?

[–] mycroft@lemmy.world 7 points 1 year ago

They finally ran out of frozen dough.

[–] saltesc@lemmy.world 3 points 1 year ago

Damn. That's a win for Russia :\

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