Heineken and Carlsberg join mass F&B exodus in Ukraine invasion protest
date:Mar 30, 2022
ness here would lead to a substantial non-cash impairment charge later this year, without sharing further insights.

Through its ownership of Russias largest beer name, Baltika, which it acquired in 2008, Carlsberg Group holds a 27% share of the local market.

We have taken the difficult and immediate decision to seek a full disposal of our business in Russia, which we believe is the right thing to do in the current environment, Carlsberg remarks.

Upon completion we will have no presence in Ru
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