Heineken would flee Russia

By: Trademagazin Date: 2023. 02. 24. 10:17

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.