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Left without beer: Carlsberg leaves the Russian market after Heineken

Immediately, two large breweries announced their withdrawal from the Russian market. After Heineken, Carlsberg took the same step.

Carlsberg has officially announced its withdrawal from the Russian market. There she owned such brands as Carlsberg, Kronenbourg, Holsten, Tuborg, as well as the Baltika plant.

In total, Russia has 8 breweries with 8,400 employees.

Earlier, on March 9, Carlsberg announced a halt to investment in Russia and a refusal to export beer to Russia. Then such a step associated with sanctions imposed on Russia. Now the company calls its exit from the Russian market Russia’s war against Ukraine.

The war in Ukraine and the escalation of the humanitarian crisis and the refugee crisis shock us all. We continue to condemn the Russian invasion strongly, which has resulted in many casualties, devastation and human tragedy,” – the company said in a statement.

All the plants located in Russia, the company will put up for sale.

It should be added that the Russian market was critical for Carlsberg. Non-current assets here were valued at DKK 19.2 billion (EUR 2.58 billion), which is about 15% of total assets. In 2021 alone, the company reported income in Russia of 6.5 billion Danish kroner (874 million euros), and operating profit amounted to 682 million Danish kroner (91.7 million euros).

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