US EditionCarlsberg Sells Baltika Brewery to Russian Billionaire Linked to Putin
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3 Articles
The new owner of the Russian brewing company “Baltika”, formerly owned by the Danish giant Carlsberg Group, turned out to be the company “Ena Invest” of Gennady Timchenko, a billionaire and longtime friend of dictator Vladimir Putin.
Carlsberg Sells Baltika Brewery to Russian Billionaire Linked to Putin
In a new report, it has been confirmed that the Baltika brewery, previously owned by Danish company Carlsberg, was sold to a structure called “Ena Invest,” owned by a Russian billionaire Gennady Timchenko, a close ally of Russian leader Vladimir Putin, The Moscow Times reported on August 14. According to the investigation by the Anti-Corruption Foundation (FBK), Timchenko’s wealth exceeds $23 billion, and “Ena Invest” is reported to have covered…
The firm of billionaire Gennady Timchenko, a friend of Russian President Vladimir Putin, paid for the purchase of the Baltika Brewery, according to a new investigation by Alexey Navalny's team. After the start of Russia's full-scale invasion of Ukraine, the Carlsberg Group, which owned 100% of Baltika, announced that it would withdraw from business in Russia. In June 2023, the company announced the sale of Baltika's assets to an unnamed buyer, b…
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