Baltika Brewery filed a lawsuit in the Arbitration Court of St. Petersburg and Leningrad Oblast, which invalidated the decision of the Carlsberg concern to withdraw licenses from Baltika allowing the production and sale of the Danish company’s products.
A preliminary hearing will be held on November 15, the newspaper reported. Baltica did not comment on the case, and the Danish office of Carlsberg Group did not respond to “Kommersant”.
Baltica is a daily reminder that it is part of the Carlsberg Group, but since July this year, by order of Russian President Vladimir Putin, the company has been under the temporary management of the Federal Asset Management Company.
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Carlsberg disagreed with this decision and considered it an illegal acquisition of assets.
Therefore, the Carlsberg Group revoked Baltika’s licenses, allowing the Danish company to manufacture and sell its products.
Kremlin acquires assets of foreign companies
According to the Kyiv School of Economics, in 2022, Danone will generate revenues of $3 billion in the Russian market. Timuras Pollov, a longtime friend of Putin, is set to head the Russian subsidiary.
Last year, Carlsberg recorded US$1.6 billion in Russia. revenue. According to KSE, his Russian company Baltika is to be handed over to Ramzan Kadyrov’s son-in-law Yakub Zakreev.
Since its invasion of Ukraine, Russia has repeatedly threatened to take control of Western companies operating in the country. According to “Moscow Times”. The most aggressive moves so far were the acquisitions of Finnish Fortum and German Uniper’s local assets earlier in the year.
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