Carlsberg Ends Licensing Deal with Russian Unit After Seizure

Carlsberg Ends Licensing Deal with Russian Unit After Seizure

Danish brewer Carlsberg said Tuesday that it had cut licensing agreements with its Russian subsidiary, which was seized by authorities in July in response to plans to sell the company after Moscow's invasion of Ukraine.

As of April 1, Baltika will no longer be allowed to produce Carlsberg products and sell them in Russia.

Carlsberg is suspending its Russian licenses in Russia after local authorities took control of the Danish beer giant's Russian operations - Baltika Breweries.

Carlsberg is suspending its Russian licenses in Russia after local authorities took control of the Danish beer giant's Russian operations - Baltika Breweries.