12:24 - 13.06.2023

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June 13, Fineko/abc.az. The amount of the transaction for the sale of Starbucks assets in Russia amounted to about 500 million rubles or $6 million.

ABC.AZ reports that Stars Coffee chain’s co-owner Anton Pinsky informed about this.

"Several outlets were deliberately closed due to the terms of the lease. We made offers to the owners, someone agreed, and in some places did not meet them halfway. So, so be it. At that, we are already opening points in new locations where Starbucks has never been, and they work no worse than others. Even franchises began to be sold. In short, the project is developing successfully. I think the money spent on the acquisition and restart of assets will be returned by the end of the year," he said.