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CARLSBERG SALE IN RUSSIA
Will Western companies return to Russia?More than a thousand companies have exited Russia amidst the Western sanctions due to the war in Ukraine, with losses totaling $107 billion...- Donald Trump's return adds new twist to Western firms' Russia exit dilemmaWestern companies still operating in Russia face heightened uncertainty under Trump's impending presidency and stricter exit conditions fro...
- Russia approves $320 mln sale of Carlsberg assets to local businessmen, document showsRussia's government approved the sale of Carlsberg's Russian assets to VG Invest for 34 billion roubles. Carlsberg's Baltika Breweries was ...
- Brewtiful game! let's get the b̶a̶l̶l̶ beer rollingAn estimated 2.7 million people are expected to visit Germany for Euro. And, the mantle of giving the German beer industry the much-needed ...
- After months of negotiation, a rare Russian compromise as Yandex changes handsSix months earlier, the purchase of Yandex's Russia-based businesses, which generate more than 95% of revenue, by Russian investors looked ...
- Putin clears Rosbank's purchase of Societe Generale's Russian assetsRussian President Vladimir Putin has signed a decree allowing Rosbank to purchase stakes in leading Russian companies owned by Societe Gene...
- Russia seizes shares of Danone and Carlsberg subsidiaries in the countryThe decree signed by President Vladimir Putin says the Russian state would "temporarily" manage shares belonging to Danone Russia and to Ba...
- Companies find it's not so simple to leave Russia; some quietly stay putCompanies that expressed intentions to leave Russia after it invaded Ukraine are finding the process far more difficult than they had initi...
- Companies sell their businesses in RussiaBelow are some of the companies by sector that have secured deals to sell their businesses in Russia:
- India is shining now for global consumer firmsAmerican appliance maker Whirlpool Corp in its earning presentation said the company's focus is on the Americas and India. Chairman Marc Bi...
- Companies leaving Russia don’t know if and when they’ll returnAfter Vladimir Putin ordered an invasion of Ukraine on Feb. 24, a mass corporate exodus set in, starting with BP Plc and quickly gathering ...
- Heineken, Carlsberg and Universal Music join Russia exodusDanish brewer Carlsberg, the world's fourth biggest beer producer, said it too was halting production and sales in Russia. It said Baltika ...
- FIFA World Cup 2018: Food sites, bars saw over 25% jump in sales on Sunday as consumers go all out to enjoy“We ran multiple FIFA-centric promotions through the month ourselves as well as along with restaurant partners. The final being on a Sunday...
- Sony signs 13 sponsors for FIFA World CupA heavily male-skewed game, maximum viewership of football comes from male audiences between the age group of 15-34 years from urban areas.
- SUNDAY ET: Free India, un-free India Inc: Rules and fiats that choke India's business spiritET looks at the maze of rules and fiats that choke India's biz spirit and talks to entrepreneurs who share their stories of trying to beat ...
- Indian liquor market sobers up in FY12High prices took the froth out of the Indian spirits industry last fiscal. The beer mkt inched up just 3-4% in the year ended March.
- India to be one of beer's biggest markets: Carlsberg CEORasmussen, who returned to his hometown Copenhagen in 2006 to Carlsberg after living in London for 14 years, talks about Carlsberg, beer, I...
- SABMiller eyes Mt Shivalik stake to share UB heightsSABMiller could trigger another M&A play in the Indian beer industry frothing up the duel with United Breweries (UB) for market leadership.
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