The Fall of the Soviet Union, as Seen From a Moscow Pizza Hut (2024)

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The Fall of the Soviet Union, as Seen From a Moscow Pizza Hut? ›

Mikhail Gorbachev

Yum Brands, now the parent company of Pizza Hut, made a second attempt to grow the brand in Russia, but those locations ceased operations after Russian President Vladimir Putin ordered an invasion of Ukraine in 2022.

Moscow's Pizza Hut was made possible by Soviet President Mikhail Gorbachev's policies of perestroika (economic reform) and glasnost (openness). These policies paved the way for private enterprise in the Soviet Union -- and for Western companies to open up shop.

In the beginning, Gorbachev declined to take part out of fear for his reputation as a former leader in a post-Soviet world, as per reports. However, he eventually agreed because he needed a new office space for his organisation. He was apparently paid $1 million by Pizza Hut.

Gorbachev's decision to allow elections with a multi-party system and create a presidency for the Soviet Union began a slow process of democratization that eventually destabilized Communist control and contributed to the collapse of the Soviet Union.

Pizza Hut is facing consumer boycotts after the chain reportedly provided free meals to soldiers on Israeli military bases.

Yum! Brands is one of many companies to exit Russia over Moscow's actions in Ukraine, but its departure differed from that of rival McDonald's (MCD. N) , opens new tab in that some KFC franchisees were permitted to remain open and the menu was barely changed.

On 25 December, Gorbachev resigned and turned over his presidential powers—including control of the nuclear launch codes—to Yeltsin, who was now the first president of the Russian Federation. That evening, the Soviet flag was lowered from the Kremlin for the last time and replaced with the Russian tricolor flag.

The study became the first Cold War-era contingency plan for war against the USSR. Both plans were very secret and were not made public until 1998 although a British spy for the Soviets, Guy Burgess, had revealed some details to the Soviets at the time.

The most significant of Gorbachev's reforms in the foreign economic sector allowed foreigners to invest in the Soviet Union in the form of joint ventures with Soviet ministries, state enterprises, and cooperatives.

Who owns Pizza Hut in USA? ›

Yum Brands Inc., is a restaurant company that owns quick-service chains Taco Bell, Pizza Hut and KFC, as well as fast-casual brand The Habit Burger Grill. It is headquartered in Louisville, Ky. Yum Brands was initially part of PepsiCo, which entered the restaurant business in 1977 with the acquisition of Pizza Hut.

"I'm always with the free will of the people and most in Crimea wanted to be reunited with Russia,” Gorbachev said at the time, referring to the outcome of a referendum which Kyiv and the West called illegal. Some Ukrainians also blame him for the initial Soviet cover-up of the Chornobyl nuclear disaster in 1986.

Flynn Group - Largest Franchisee Operator in the US.

After Stalin died in March 1953, he was succeeded by Nikita Khrushchev as First Secretary of the Central Committee of the Communist Party of the Soviet Union (CPSU) and Georgy Malenkov as Premier of the Soviet Union.

Soviet is from the Russian sovet, "governing council," and its Greek source, symboulion, "council of advisors." After the Russian Revolution, the term soviet was used for local governments elected by workers, as well as the higher councils that those local soviets elected in turn.

at Chernobyl. In addition to the systematic technological failures, its impact was powerful, as it revealed a number of long-term failures of the USSR, leading to the destruction of trust: central planning; ideology; and communication between the people and the government.

Brands Is Suspending Operations of KFC Company-Owned Restaurants in Russia; Finalizing Agreement to Suspend All Pizza Hut Restaurant Operations in Russia. Yum!

It said it was suspending 70 KFC company-owned restaurants in Russia and finalising an agreement to suspend all 50 Pizza Hut outlets in partnership with its master franchisee. Yum! has 1,000 KFC restaurants in Russia, most of which are run by franchisees.

Domino's Pizza is the latest western brand to leave Russia since it launched its war on Ukraine.

McDonald's, Coca-Cola, Starbucks and Heineken are the latest companies to announce they are halting business in Russia after mounting pressure to act.