# Pizza firm DP Eurasia considers divestment of Russian business
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2022-12-28
Category: NEWS
Category URL: https://financedigest.com/category/news
Meta Title: DP Eurasia mulls divestment of Russian operations amid
Meta Description: DP Eurasia, owner of Domino's Pizza in Turkey and Russia, is evaluating its presence in Russia due to sanctions, with potential for divestment
URL: https://financedigest.com/pizza-firm-dp-eurasia-considers-divestment-of-russian-businesshtml

![undefined](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/2022-12-28t072115z2lynxmpeibr03rrtroptp4dp-eurasia-outlook-1736814670558-compressed.jpg)

(Reuters) -DP Eurasia, which runs the Domino’s Pizza brand in Turkey and Russia, said on Wednesday it was considering options for its Russian operations, including a divestment.

It added the work on a potential transaction was ongoing and there could be no certainty as to the outcome.

“DP Eurasia is evaluating its presence in Russia, the impact of sanctions and its continuing ability to serve its customers in Russia,” it said, responding to market speculation regarding an exit from its Russian operations.

Consequently, the company is [considering various options](https://www.financedigest.com/3-options-to-consider-when-you-owe-the-irs-back-taxes.html "3 Options to Consider When You Owe The IRS Back Taxes") which may include a divestment of its Russian operations,” it said.

While many [Western companies exited Russia after Moscow’s invasion of Ukraine](https://www.financedigest.com/analysis-russian-gold-removed-from-some-western-funds-after-ukraine.html "Analysis-Russian gold removed from some Western funds after Ukraine") began on Feb. 24, DP Eurasia said in April it planned to stay, but would [limit investment](https://www.financedigest.com/punter-southall-aspire-makes-strategic-investment-in-digital-executor-company-lexikin-limited.html "Punter Southall Aspire makes strategic investment in digital executor company, Lexikin Limited") there.

The London-listed [company said in October it would keep](https://www.financedigest.com/in-listening-mode-new-bayer-ceo-keeps-open-mind-on-company-split.html "In listening mode, new Bayer CEO keeps ‘open mind’ on company split") optimising its store count in Russia and that it had 171 stores in the country at the end of October, compared to 192 a year earlier.

(Reporting by Anna Pruchnicka, Editing by Kirsten Donovan)


---
This blog is powered by Superblog. Visit https://superblog.ai to know more.
---