Heineken completes exit from Russia with €300m in losses
date:Aug 28, 2023
Russia in March 2022, and now the company states that the production of Amstel will be phased out within six months.

Arnest Group owns a major can packaging business and is the largest Russian manufacturer of cosmetics, household goods and metal packaging for the FMCG sector.

Arnest Group has taken responsibility for the 1,800 Heineken employees in Russia, providing employment guarantees for the next three years.

No other international brands will be licensed in Russia, except for a three-
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