Carlsberg has cut all ties with its Russian business and refuses to enter a deal with Russia's government that would make its seizure of the assets look legitimate, the brewer's new CEO said on Tuesday.
This month, Carlsberg retaliated by ending license agreements for its brands in Russia that have enabled Baltika to produce, market and sell Carlsberg products in the country.
"When these licenses run out with the grace period, they're not allowed to produce any of our products any more. Of course, I cannot guarantee that happens, but that is our expectation," Aarup-Andersen said.
Russia's finance ministry said that Rosimushchestvo, the federal government property agency, has been appointed as a temporary manager, exercising the powers of the owner with the exception of the powers to dispose of property.
A temporally owner that executes almost all rights, decides when this condition ends and doesn't have any obligations? I want a house rent to be like that lol.
Why Baltika in the preview? Oh.
A temporally owner that executes almost all rights, decides when this condition ends and doesn't have any obligations? I want a house rent to be like that lol.