Heineken and Carlberg Shut Down all Operations in Russia
Heineken has announced it would extract all business operations out of Russia in response to the Ukrainian war. Carlsberg, the largest brewer in Russia has also announced that would be pulling all operations in Russia as well.
The second-largest brewer in Russia is a joint venture owned between InBev and Turkey’s Anadolu Efes. In early March, InBev said it was forfeiting any profits from the joint venture and had requested the controlling partner suspend Bud sales. The JV owns 11 breweries and employs 3,500 employees in the country.
More details here.
