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Carlsberg's Right To Sell Baltika Beer Abroad Revoked By Russian Court

Carlsberg has no right to sell the beer brand of its former local partner in some international markets, a Russian court has ruled.

Brewer Carlsberg Ends License Agreements In Russia

Carlsberg recently said that it has terminated its license agreements in Russia following Moscow's decision earlier this year to take control of the D...

Heineken Exits Russia With One-Euro Sale Of Operations

Dutch brewer Heineken said on Friday it had completed its exit from Russia by selling its operations there to Russia's Arnest Group for a symbolic €1.

Carlsberg Agrees To Sell Russian Business To Undisclosed Buyer

Carlsberg said on Friday it had signed an agreement to sell its Russian business but did not name the buyer or the agreed price for the transaction, which...

Pernod Ricard Suspends Absolut Vodka Exports To Russia Entirely

French spirits group Pernod Ricard PERP.PA said it is suspending exports entirely of its premium vodka Absolut to Russia, having previously reduced sales f...

Carlsberg CEO Cees 't Hart To Retire After Wrapping Up Russia Exit

Carlsberg's chief executive Cees 't Hart will retire at the end of September, the Danish brewer said on Tuesday, after he has seen through the sale of its...

Heineken Says It Still Plans To Exit Russia, Take €300m Loss

Brewer Heineken still plans to exit Russia and sell its business there at a loss this year, it said on Wednesday.

Heineken To Expand Mexico Operations With $90m Plant

Heineken will build a 1.8 billion peso, or $90 million, can manufacturing plant in the northern Mexican state of Chihuahua near its brewery in the town of...