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Danone Plans To Sell Russian Operations To Chechnya-Linked Businessman

Danone is planning to sell its Russian business to a Chechnya-linked businessman, the Financial Times reported today.

Carlsberg Raises 2027 Targets And Invests In Long-Term Growth

Carlsberg has raised its 2027 targets for revenue and operating profit growth.

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.

Carlsberg Warns Weak Consumer Sentiment May Hurt Beer Sales In Europe, Southeast Asia

Danish brewer Carlsberg on Tuesday reported third-quarter sales broadly in line with expectations but warned that weak consumer sentiment in Europe an...

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...

Long-Serving Campari CEO Kunze-Concewitz To Retire Next Year

Kunze-Concewitz, chief executive Campari Bob who has helped to revitalise the Aperol aperitif during his 16 years in charge of the Italian spirits group.

Carlsberg In The Dark Over Russian Business After Shock Seizure

Carlsberg was 'shocked' by Russia's seizure of its business in the country last month and the brewer is no closer to knowing what might happen next, its CE...

Reckitt, BAT Stay The Course On Russian Business Plans

Household products group Reckitt and Lucky Strike maker British American Tobacco said recently that they will stick to their existing plans on how to deal...