Danone and Carlsberg operations taken over by Putin in Russia
date:Jul 19, 2023
onsequences.

A statement says the development is unexpected.

Meanwhile, Danone says it is currently investigating the situation.

Heineken and Pernod Ricard the maker of Absolut Vodka made public their fears earlier this year of a forceful nationalization of their businesses in Russia.

Adding to the April 25 decree on temporary management (temporary expropriation), companies in the country have to navigate complex intentional bankruptcy laws that can lead to criminal liabilities and potent
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