The company does not intend to enter into an agreement with the Russian government.
The Danish group Carlsberg has been trying to sell its Baltika subsidiary in Russia since last year. However, Vladimir Putin ordered the temporary arrest of part of the group at a local brewery.
This was stated by the new CEO of the brewery, Jacob Aarup-Andersen, writes CNN.
“There is no way around the fact that they stole our business in Russia, and we are not going to help them make it legal,” said CEO Jacob Aarup-Andersen.
What is known
As you know, Carlsberg has severed all ties with its Russian business. In Russia, the company operated eight breweries and employed about 8,400 employees, and last year took a $1.41 billion write-down on Baltika. Unfortunately, due to limited interaction with management and the Russian authorities, an acceptable solution to the situation could not be found.
“We are not going to enter into an agreement with the Russian government that somehow justifies the illegal takeover of our business,” he said.
It should be noted that Carlsberg retaliated by terminating licensing agreements for its brands in Russia, which allowed Baltika to produce, market and sell all Carlsberg products in the country.
“When these licenses expire, they will no longer be allowed to produce any of our products. Of course, I cannot guarantee that this will happen, but we expect it,” Aarup-Andersen said.
Earlier, the former CEO of the Danish beer manufacturer Carlsberg Group, Keest Hart, noted that he would retire after completing the sale of the company’s business in the Russian Federation.
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