Carlsberg Will Sell Russia Business to Exit Country Completely
The Baltika Breweries LLC plant, operated by Carlsberg A/S, in Saint Petersburg.
Photographer: Andrey Rudakov/BloombergThis article is for subscribers only.
Carlsberg A/S, which owns the biggest brewery in Russia, said it will sell its Russian business and leave the country completely.
“We have taken the difficult and immediate decision to seek a full disposal of our business in Russia, which we believe is the right thing to do in the current environment,” the Copenhagen-based brewery said in a statement on Monday.