Heineken would flee Russia
They are looking for a solution with steam power to be able to sell their interest in Russia, Heineken told Reuters. Even if it involves a huge financial loss.
This was already promised last year, and it is believed that this may happen this year as well. Based on their estimate, the sale of their Russian subsidiary could cause them roughly 300 million euros in damage.
Currently, our colleagues in Russia are struggling to keep the business alive, avoid nationalization and secure their livelihood
– says the beer producer’s announcement, which is quoted by Haszon.hu.
They deny that there has been a flow of money between the parent company and the Russian subsidiary since the outbreak of the war.
Related news
Heineken quenches its thirst for data management with artificial intelligence
Heineken Simplifies Data Analytics for Employees with SAP AI Solution.…
Read more >Heineken curbs global water use by 11%
Heineken reduced its water use by 11% globally last year…
Read more >Heineken to invest £40m in UK pub arm Star Pubs
Heineken will invest £40m ($53m) in UK pub subsidiary Star…
Read more >Related news
Viktor Orbán: we will introduce margin reduction for new products as well, if necessary
The margin regulation must be maintained because people must be…
Read more >Healthy meat products rich in fiber and protein have been developed in Debrecen
A new product line consisting of health-promoting, fiber- and protein-rich…
Read more >German retail sales fell month-on-month in April
In Germany, retail sales fell by 1.1 percent in real…
Read more >