Russia: Carlsberg manager arrested – fraud allegations
Two ex-managers of the Carlsberg brewery have been arrested in Russia. This had only been nationalized a few months ago. Several months after the controversial nationalization of Carlsberg’s brewery business in Russia, two top managers there have been arrested. Dennis Scherstennikov and Anton Rogachevski, who are said to be the ex-president and current vice-president of […]
Heineken Sells Russian Business for Symbolic 1 Euro, Withdrawing from the Market Amidst Ukrainian-Russian War
Heineken Sells Russian Business for Symbolic 1 Euro amidst Market Exit Withdrawal from the Ukrainian-Russian war escalations Following the alarming developments in the Ukrainian-Russian war, foreign-funded enterprises have been steadily pulling out of the Russian market. However, the Kremlin has retaliated by seizing select foreign-funded assets. In a press release on Friday, Heineken, the global […]
