The Papa John's franchise is closing in Kyrgyzstan and Kazakhstan

Ирина Орлонская Economy
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Daniyar Monolbaev, the owner of the Papa John's franchise in Kyrgyzstan and Kazakhstan, announced the closure of the chain in these countries through his social media.

According to him, this decision was the result of months of declining revenues, increasing expenses, and accumulated debts.

Monolbaev noted that all available funds were directed towards paying salaries, taxes, rent, and partially settling debts.

He also reported that in Kazakhstan, they managed to help most employees find jobs in other companies, which was an important step in the process of closing the business.

The entrepreneur expressed gratitude to the customers who supported the establishment.

“The remaining obligations are now in the process of legal settlement, which requires time and a consistent approach,” he added in conclusion.
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