Important business news related to . The Danish brewery Carlsbergwhich in March 2022 announced its departure from the Russian market due to the war in Ukraine, has reported that has reached an agreement to sell its assets in Russia and that he hopes to close it “in the next two days.”
“The Carlsberg Group will receive cash considerationas well as the stakes of Báltika Breweries (its subsidiary in Russia) in Carlsberg Azerbaijan and Carlsberg Kazakhstan,” the company explained in a statement.
According to sources from the Russian business newspaper Protective, The value of the transaction would amount to about 30,000 million rubles, or what is the same, almost 272 million euros to the current change.
As reported by EFE, the sale of Báltika, the Russian subsidiary of Carslberg, may be carried out due to the uprising by the president of Russia, Vladimir Putin, through a decree of the external state administration that he himself imposed on the company in July of last year.
The company has eight factories in Russiawhere they are produced more than 50 varieties of beerand has 8,400 employees. As part of the agreement, which has yet to be approved by the governments of Denmark and Russia, “the parties will reach a settlement of all pending legal disputesincluding matters relating to intellectual property rights,” the statement states.
